Ever felt like you're always entering a trade too late? Chasing price just as it turns back the other way? Yeah... been there. That’s why tools like the Bands Sniper Indicator V1.0 MT4 exist — to help traders like us enter with sniper-level timing, not shotgun guesswork.


This unique custom indicator for MetaTrader 4 (MT4) takes classic band strategies (think Bollinger Bands) and adds an algorithmic edge to deliver high-probability buy/sell signals right where the market tends to snap back.


Overview – What Is Bands Sniper Indicator V1.0 MT4?


The Bands Sniper Indicator is an MT4 custom trading tool that detects market overbought/oversold conditions based on band compression, volatility shifts, and price action patterns.


Basically, it’s a smarter version of Bollinger Band breakout systems — without the noise. It’s built to help traders pinpoint the exact moment price is likely to revert or explode, providing clean entry/exit signals that don’t repaint.



  • Platform: MT4 (MetaTrader 4)

  • Best For: Forex, gold (XAUUSD), indices, crypto

  • Timeframes: Works on M5, M15, M30, H1

  • Style: Reversal + breakout hybrid strategy


Gold Trend Rider EA 7


Key Features of Bands Sniper Indicator



  • Visual Signal Arrows – Green for buy, red for sell… easy to follow, no clutter

  • Zero Repainting – What you see stays locked after candle close

  • Volatility-Sensitive Logic – Adjusts based on market tempo; avoids false triggers

  • Band Compression Alert – Flags price squeezes where breakouts are imminent

  • Support for All Pairs – Works on majors, minors, metals, indices, even BTC

  • Scalp, Swing, or Day Trade – Versatile across multiple trading styles

  • Pop-Up + Sound Alerts – So you never miss a sniper opportunity

  • No Lag Calculation – Signals printed using real-time data, not delayed indicators

  • Clean UI – Doesn’t clutter your chart with a thousand squiggly lines

  • Manual Strategy Friendly – Combine with trendlines, fibs, support zones, etc.

  • Resource-Light – Smooth operation even on older machines

  • Free Download via FxCracked – No subscriptions, just grab and go!


Gold Trend Rider EA 1 2


Performance Preview & Visual Examples



  • Signal Accuracy: 70–75% with proper confirmation

  • Best Market Conditions: Ranging + volatile sessions (London/NY overlap)

  • Entry Type: Reversal bounce + breakout pullback


How to Install & Use Bands Sniper V1.0



  1. Download the .ex4 file from FxCracked.org.

  2. Open your MT4 platform.

  3. Click on File → Open Data Folder.

  4. Go to MQL4 → Indicators.

  5. Paste the downloaded file there.

  6. Restart MT4 or refresh Navigator.

  7. Drag Bands Sniper onto your chart.


Recommended Config:



  • Timeframe: M15 or M30

  • Asset: XAUUSD, EURUSD, GBPUSD, NAS100

  • Alert: Enabled

  • Band Style: Auto width based on market condition


Why Use Tools Backed by YoForex & FxCracked?



  • Free access to powerful tools

  • Verified updates and risk filters

  • Live support for help and bugs

  • A growing community of smart traders


Support & Risk Warning



Happy Trading