Questions
Answers, in plain terms.
The product
What is GoldSniper?
An expert advisor for MetaTrader 4 and 5 that trades XAUUSD to a fixed set of rules. It runs in your own terminal, on your own broker account, with your own capital. We never hold your funds and have no access to your account.
Who is it for?
Traders who want a disciplined method running on gold without sitting at the screen for it. You keep full control of direction and risk; GoldSniper handles the execution.
Which pair and platform?
XAUUSD only, on MetaTrader 4 or 5. It is developed and tested against gold alone, which is the only reason its rules can be specific.
Does it guarantee a profit?
No, and nobody honest will tell you otherwise. What GoldSniper gives you is a defined method executed the same way every time, without hesitation and without you watching the chart.
Can it lose money?
Yes. Any leveraged strategy sees open positions sitting at a loss while a cycle plays out, and that is the system working as designed rather than a fault. It is why sizing is the decision we spend the most time on with you.
Do I need to change the settings?
The supplied settings are a tested starting point. Direction and risk are yours to set, and we will help you match them to your capital and leverage if you ask.
Risk and sizing
What is the main risk?
Open positions sitting at a loss while a cycle runs. How far that goes comes down to your sizing and the market, which is exactly why we set your starting size with you rather than leaving you to guess.
What happens during high-impact news?
Events like NFP, CPI and rate decisions widen spreads and make fills unreliable, so the advisor pauses new entries around the worst of it. A position already open still rides through, which is another reason sizing matters.
How much should I risk per trade?
It depends on your capital, leverage and account type. Send us those three and we will suggest a sensible starting point rather than leaving you to guess.
Should I run it on a live account first?
Start on a demo or cent account so you have seen a full cycle before committing size. Most traders move up within a couple of weeks.
Licensing
Is the licence monthly?
No. Every package is paid once and held for good, including all later releases of the advisor.
What does a licence cover?
One key, used on the MT accounts recorded against it. How many accounts depends on the package you took.
Can one licence run on several accounts?
Yes, up to the limit of your package. The unrestricted tier has no cap.
Can I change my MT account later?
Yes. Send us the new number and we update the licence. There is no charge and no repurchase.
How is the licence activated?
Personally, after we verify the account. Send the payment reference and your MT account number and your key is usually issued the same day.
What happens if the licence check fails?
The advisor holds off on new trades and tells you exactly why, so nothing runs unsupervised. It is nearly always the WebRequest URL or a network hiccup rather than the key, and support will have you going again quickly.
Why is the free tier tied to a broker account?
It is funded by the introducing broker arrangement rather than by you. That only holds if the account is registered under GoldSniper as its introducing broker, which is why those accounts are verified before a key is issued.
I already have a Vantage account. Can it be moved?
The introducing broker is set when an account is opened, so the simplest route is a fresh account through our registration link. It takes a few minutes and your free licence follows.
Do I need to deposit before requesting access?
Send us the account number before you deposit and we will confirm it qualifies.
Payment
How do I pay?
In USDT. Send the payment, then message us with the reference and the MT account number you want covered.
What should I send after paying?
The transaction reference and the MT account number. Those two things are everything we need to issue the key.
How long does activation take?
Usually the same day. Every key is checked and activated personally, which is why it works first time.
Can I get a refund?
A licence is activated to your account and cannot be recalled once issued, so it is not refundable. That is why we would rather answer every question first — ask us anything before you buy and we will put you on the right tier.
Installation
Where do I install the file?
Open File, then Open Data Folder in MetaTrader, and place the advisor in MQL4/Experts or MQL5/Experts. Restart the terminal and it appears in the Navigator.
Can I install it from my phone?
Expert advisors only run in the desktop terminal, so GoldSniper needs a desktop or a VPS. You can still watch the account from the mobile app once it is running.
Do I need a VPS?
The terminal has to stay running for positions to be managed, so most traders use a VPS rather than leaving a computer on. It is inexpensive and we can point you at one.
Which WebRequest URL must I add?
This site. Tools, Options, Expert Advisors, then add it to the allowed URL list. Without it the licence check never leaves your machine.
Why is the advisor missing from the Navigator?
Use File, Open Data Folder rather than guessing the path, then restart the terminal. That solves it in almost every case.
Why does it load but never open a trade?
Most often algorithmic trading is switched off in the terminal, or the licence URL has not been allowed. Both are one setting each.
Which timeframe should the chart be?
Any. The advisor works to its own clock rather than the chart, so the timeframe you attach it to does not change its behaviour.
Support
What should I send when asking for support?
Your licence key, the MT account you are running on, and a screenshot of the Experts tab. With those three we can usually answer in one message.
Do you install it for me?
Yes. Send us a message and we will walk you through it on Telegram, or do it with you over a screen share.
Do you manage my account or take a share?
No. We sell a licence for software you run yourself. We never hold funds, never trade on your behalf, and have no access to your account.
Still have a question?
Message us and you will get a straight answer from someone who actually runs this, usually within the hour.
Message on Telegram