- November 14, 2018
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Today we will be providing traders with a review of the Sniper Suite EA. This is a trading robot is built for both MT4, MT5 and is being sold from anywhere between $597 to $1599 depending on the plan.
This page will act not only as a review but as a place for the Forex community to share their thoughts. For updated listings on top rated robots go here.
Contents [show]
Sniper Suite EA Review
According to the Sniper Suite EA sales page “the ea has been perfectly tested since 2001 and proven to be 100% stable.” The robot always puts a stop loss for every single trade and they aren’t scared of hitting it. They believe that there software has all the capabilities of bouncing back from losses regularly and providing 3-5% profit per month for each individual pair. Thus, if traders use ten pairs they would expect to earn 30-50% per month. This is a large expectation, but what you would expect from the product developer.
EA Breakdown
- Type: Forex Robot
- Price: $597/basic, $997/ultimate, $1599/combo
- Strategy: N/A
- Timeframe: All
- Pairs: All
History
The developers of the Sniper Suite EA are the same people that developed Delton Pro. If you hover over the different plans, you can see that the url says “buydeltonprobas.”
You may want to read some of the comments in that review. There were quite a few disappointed clients. Hopefully that is not the case this time around but we should never just dismiss history.
EA Trading Results
The trading results are not impressive. There is one account that can be found online. It ran for one month from October to November and never had its track record or trading privileges verified.
The only other results available through the developer are myfxbook backtests. They only provide us with strategy tester results which are far from iron clad in 2017. All of these backtests only show until mid 2016 as well so the web-site results are not up to date. That makes us have to question whether or not the developer is focused on this software anymore. Maybe, they are focused more on Delton Pro, as that seems to be a more popular software, despite the negative reviews.
Conclusion
There is nothing that suggests to us that the Sniper Suite EA is going to grow our accounts steadily. The results are lackluster and not in line with the exorbitant price of the product. We will be leaving this review at a 3 star because we are kind, but more than likely this should be a 2 or even a 1.
