needThaiBot for Sniping Trade is an algorithmic trading bot designed for fast sniping trades on short timeframes, specifically recommended for 1-minute, 5-minute, and 15-minute charts. It operates primarily in highly volatile markets and supports Forex symbols such as EURUSD, GBPUSD, NZDUSD, USDJPY, and XAUUSD (gold), as well as crypto and stocks. The bot uses technical indicators including RSI, Bollinger Bands, MACD, ATR, and Fibonacci levels to inform its trades.
This bot emphasizes quick entry and exit strategies with adjustable risk management settings, allowing users to tailor it to their own trading strategies. It supports fixed and dynamic risk models, with risk tools like stop loss, take profit, trailing stop loss, spread filters, and daily stop limits. The bot can manage up to five simultaneous positions with a maximum lot size of 1 and recommends a minimum balance of $1,000.
Backtested from July 2019 to March 2026 with leverage up to 500, it targets day trading style with high trade frequency. The bot is suitable for proprietary trading firms and uses Heikin Ashi charts with market order types. Risk parameters include 4% risk per trade, 4% daily drawdown, and 32% maximum balance drawdown. The bot is compatible with brokers such as Pepperstone.