
Snow Ball Power is an MT4 expert advisor built for intraday Forex trading, with EURUSD on the H1 chart as the suggested setup. It places and manages trades automatically using the author's own algorithm.
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Snow Ball Power is an expert advisor for MetaTrader 4 that trades the Forex market automatically on an intraday basis. It is aimed at traders who want a rules-based tool on a single chart rather than manual order entry, with EURUSD on the H1 timeframe as the suggested starting point.
Once attached to a chart, the expert advisor reads price data from that chart, decides when conditions match its internal rules, and opens and closes orders without manual input. The author built the logic from their own trading experience. The exact entry and exit rules are not described in detail, so treat it as a black box until you have studied its behaviour in testing.
Because it is designed for intraday use, trades are generally expected to be shorter-term rather than held for weeks. Check the open positions and history on your own account to see how long trades stay open and how often it trades.
Other pairs or timeframes may be possible, but they are not the suggested setup. If you try them, run your own tests first and do not assume the behaviour will match EURUSD H1.
The exact list of inputs is shown in the Inputs tab when you attach the expert advisor to a chart. Check these before going live:
| Area | What to check |
|---|---|
| Lot size | Whether it is fixed or calculated, and what suits your balance |
| Stop loss and take profit | Whether levels are set and how large they are |
| Magic number | Use a unique value if other expert advisors run on the same account |
| Trading hours | Whether a time filter exists, and how it matches your broker's server time |
If an option is not present in the Inputs tab, it is not available in your copy of the tool.
Forex is volatile, and spreads, slippage and news events can change how an automated system behaves. Back-testing results can differ from live trading, especially with low-quality tick data.
Trading carries risk, and you can lose some or all of your capital. Past results do not predict future ones. Test on a demo account first and only risk money you can afford to lose.
For continuous operation, many traders run expert advisors on a VPS so that the terminal stays online. Keep your broker's trading rules and your own risk limits in mind at all times.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (MT4) |
| Strategy focus | General |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Suggested symbol | EURUSD |
| Suggested timeframe | H1 |
| Trade style | Intraday |
| Requirements | MT4 terminal with automated trading enabled; VPS optional |
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No. This product is built for MetaTrader 4. An MT4 expert advisor cannot be loaded into MetaTrader 5, so check that your broker offers MT4 accounts before buying.
The suggested setup is EURUSD on the H1 chart. You can test other symbols and timeframes in the Strategy Tester, but results on them are not covered by that suggestion and should be verified by you.
Copy the expert advisor file into the MQL4/Experts folder through File > Open Data Folder in MT4, restart the terminal or refresh the Navigator, then drag it onto an EURUSD H1 chart and allow automated trading.
It should run on any MT4 broker that allows expert advisors, but spreads, execution speed and symbol naming differ between brokers. Test it on a demo account with your broker first.
No. Trading carries risk, you can lose money, and past results do not predict future ones. Use position sizes and a deposit you can afford to risk.
Open the expert's Inputs tab after attaching it to a chart to see the available parameters. Because no minimum deposit is stated here, work out a suitable balance from your own testing and your broker's conditions.
Snow Ball Power
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