Sniper Laos 01

Sniper Laos 01

 How This EA Works:

1.  Detect Support and Resistance

• The EA identifies:

  • Resistance as the recent highest price (based on the last X candles)

  • Support as the recent lowest price

2.  Buy Signal (Bullish Breakout)

• If price breaks above the resistance, the EA assumes a bullish trend is starting.

• The EA may enter a Buy trade either immediately or after a candle closes above resistance to confirm the breakout.

3.  Sell Signal (Bearish Breakout)

• If price breaks below the support, it suggests a bearish trend.

• The EA may then enter a Sell trade, optionally waiting for confirmation.

 Example:

• If the price repeatedly fails to break 1.1000, but suddenly pushes through to 1.1015
   EA enters a Buy — bullish breakout

• If the price holds 1.0950 as support but later drops to 1.0930
   EA enters a Sell — bearish breakout

 Breakout EAs:

• Trend-following logic

• Can capture large moves when real breakouts occur

• Good for volatile markets or during news releases