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MT5 expert advisor$30 on MQL5by Ihor Koshel
What the developer says
Black Swan Sniper is an advanced expert advisor designed to detect high-probability market movements with maximum precision.
Quoted from the listing. We have not tested these claims.
Compiled from its public MQL5 listing. FxRobotEasy has not traded Black Swan Sniper; what these notes say about how it works comes from that listing.
The detailed review covers how the EA scans for structural imbalances and price acceptance or rejection areas, and how it times entries to coincide with momentum confirmation. Black Swan Sniper stands out for prioritizing setup quality rather than volume, which reduces exposure to low-probability scenarios and aims to improve net expectancy over long samples.
The algorithm works by combining multi-timeframe market structure assessment with imbalance detection on lower timeframes, then applying market filters to avoid news-driven volatility. Black Swan Sniper manages risk through fixed percentage position sizing, daily exposure caps, and maximum concurrent trade limits on MT5.
In real-world conditions, the EA is best suited to trending and mean-reversion environments where clear structural levels form, and it performs less predictably during sustained, low-liquidity chop or major economic events. Expected performance characteristics include moderate trade frequency, defined maximum drawdowns, and a preference for higher timeframes to reduce whipsaw. The developer, Ihor Koshel, provides configuration options and recommends conservative initial sizing while users validate results with forward testing and live monitoring.
Risk level for Black Swan Sniper is best characterized as moderate when used with recommended settings and conservative position sizing. The EA employs stop loss placement based on structural levels, not arbitrary pips, which helps align exits with market behavior. Position sizing follows a percentage-of-equity model, typically 0.5 to 2.0 percent risk per trade depending on user preference and account size. Vulnerabilities include high-impact news, extreme slippage during low liquidity sessions, and prolonged sideways chop that can erode performance. For practical deployment, a minimum recommended account size of $1,000 is advised for conservative users, with $3,000-plus for more active parameter sets and better margin for drawdown tolerance. Black Swan Sniper’s risk profile is manageable with disciplined sizing and monitoring.
Listed strengths
Worth checking
Install Black Swan Sniper by placing the EA file into the MT5 Experts folder and refreshing the navigator panel, then attach it to the desired chart. Configure key parameters such as maximum risk per trade, maximum concurrent positions, allowed trading hours, and news filter sensitivity before enabling auto trading. Use ECN or STP brokers with low spreads and reliable execution; avoid brokers with frequent re-quotes.
Free to try · from FxRobotEasy
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Scalperology AIby FxRobotEasy
Our multi-pair AI scalper — majors, gold and crypto
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The team's notes, every day
| Black Swan Sniper | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($30) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Ihor Koshel | FxRobotEasy |
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.