Petko AleksandrovSome expert advisors promise the world but crumble when real money hits the table. Sharpshooter EA isn’t one of them. I’ve been running this system on both funded accounts and live capital for months now, and I just withdrew over $1,000 in profits from my iFunds account, not the first withdrawal, and based on current performance, probably not the last.
This review covers real results from actual trading, including the 42-day track record on my funded account, performance on a $5,000 live account running since mid-November, and what makes Sharpshooter consistently profitable enough to generate withdrawable income month after month.
Let me walk through the setup, configuration choices, and exactly how this EA has been performing across different account types.
How Sharpshooter Trades EUR/USD
Sharpshooter operates on EUR/USD using the M15 timeframe. That’s a 15-minute chart, which sits in the middle ground between rapid-fire scalping and longer-term position trading.
Looking at the MetaTrader platform where I’m running it, the trade history shows high activity. This isn’t a system that places one or two trades per week; it’s actively scanning for setups and executing frequently.
I started the iFunds account on February 19th, and by April 1st (42 days of trading), the account had generated nearly 3% total return. That might not sound explosive, but context matters. This is a funded account with strict drawdown limits, and 3% in six weeks translates to roughly 5-6% monthly at this pace.
The equity curve shows mostly smooth growth with one minor drawdown that recovered quickly. Nothing alarming. No dramatic spikes or crashes, just steady accumulation.
Configuration Settings and Risk Management
I’m running Sharpshooter at medium risk. The EA offers three risk levels:
- Low risk: Conservative position sizing
- Medium risk: Balanced approach
- High risk: Aggressive position sizing
Initially, I traded with lower risk to see how the system behaved. After confirming consistent performance, I increased the risk to medium, which has been working well.
Additional Configuration Options
- Randomization Feature: Useful if you’re trading on prop firms where multiple traders can’t use identical settings. iFunds doesn’t restrict this, so I left randomization off.
- Time Filter: Allows you to restrict trading to specific hours. I haven’t enabled this.
- News Filter: Can pause trading around major economic releases. Again, iFunds doesn’t prohibit news trading, so I’m running without this filter.
The flexibility to adjust these parameters means you can tailor Sharpshooter to different broker requirements or prop firm rules. That versatility matters when you’re managing multiple accounts with different restrictions.
The iFunds Withdrawal: $1,035 in Profits
My iFunds account uses their Advanced 50K Expert setup, which starts with $50,000 equity. The account cost $3,000 to purchase, but I used a registration coupon that added an extra $1,000 in capital.
Here’s where it gets interesting. iFunds lets you adjust your profit split percentage, but there’s a tradeoff with maximum drawdown limits:
| Profit Split | Max Drawdown | My Choice |
| 50% | 10% | Not selected |
| 70% | 7% | Selected |
I chose the 70% profit split with the tighter 7% drawdown limit. Why? Because I’ve been trading Sharpshooter long enough on other accounts to know it operates with low risk. The system hasn’t come close to 7% drawdown in my testing, so taking the higher profit split made sense.
The account showed $1,478.72 in total profits. At 70% split, that’s exactly $1,035 available for withdrawal. I requested the full amount via the ERC20 network to my wallet; the process took literally seconds.
iFunds typically processes withdrawals within a few hours. I’ve made multiple withdrawals from them, and my team has also tested their payout reliability. So far, no issues.
Live Account Performance: Three EAs Working Together
Beyond the funded account, I’m also running Sharpshooter on a $5,000 live account alongside two other systems from the same developer: Vigorous EA and Ranger EA.
This account started in mid-November last year. By the time it reached $6,300, I withdrew profits back down to $5,000. Now it’s climbing again.
The combined statistics across all three EAs show:
- Average monthly return: 5.6-6%
- Profit factor: 1.68
- Consistent equity growth over multiple months
When I filter the stats to show only the last 30 days and sort by net profit, Sharpshooter (identified by magic number 5) generated the highest returns among the three systems. It’s not just performing well; it’s outperforming the other two profitable EAs running simultaneously.
That kind of relative performance gives me confidence to keep allocating capital to Sharpshooter specifically.
The Powerhouse Bundle Option
The developer who created Sharpshooter offers several purchasing options:
Individual EAs: You can buy Sharpshooter, Vigorous, or Ranger separately.
Powerhouse EA: A combined package containing six different strategies in one expert advisor, including Sharpshooter’s logic.
I’m running the individual versions, but the Powerhouse option makes sense for traders who want everything in a single installation. The developer’s demo account for Powerhouse has achieved over 100% returns, though demo performance always needs live validation.
My approach has been to test the individual systems separately so I can track each one’s contribution to overall account performance. That’s how I know Sharpshooter is currently the top performer among the three I’m running.
Why I Trust These Results
I’ve been burned by prop firms before. The industry has reliability issues; some platforms make it difficult to withdraw, others change rules retroactively, and a few simply don’t pay out despite meeting all stated requirements.
That’s why I’ve tested iFunds extensively. Multiple withdrawals from my accounts. Team members are purchasing accounts and requesting payouts. We wanted to verify they actually process withdrawals before recommending them.
So far, iFunds has been consistent. Withdrawals arrive within hours, no games, no unexpected roadblocks.
The live $5,000 account provides another verification layer. That’s real money from my pocket, not a funded challenge. The fact that Sharpshooter performs similarly across both funded and live environments strengthens my confidence in the results.
Trade Activity and Frequency
Sharpshooter generates frequent trades compared to some EAs I’ve tested. Looking through the account history, you’ll see multiple positions per day during active periods.
This isn’t necessarily a negative. High trade frequency means more data points to evaluate performance. With systems that trade once or twice per week, you need months to accumulate statistically meaningful results. Sharpshooter provides that data much faster.
The M15 timeframe keeps individual trades from being too short-lived (like M1 or M5 scalping) while still allowing multiple setups per trading session. It’s a good balance for generating consistent activity without the execution challenges that ultra-short timeframes can create.
Comparing Funded vs Live Account Economics
The funded account approach deserves some analysis. You pay $3,000 for access to $50,000 equity. At 70% profit split and 5-6% monthly returns, that’s approximately $1,750-$2,100 in monthly profit potential, of which you’d receive $1,225-$1,470.
Compare that to investing the same $3,000 in a standard live account. Earning 5-6% monthly on $3,000 would be $150-$180, significantly less than the funded account payout, even after the profit split.
The tradeoff is the 7% drawdown restriction. If Sharpshooter suddenly hit an 8% drawdown, the funded account would be terminated, and you’d lose the $3,000 entry fee. With a personal live account, you’d still have your capital (minus the drawdown).
Based on Sharpshooter’s historical performance showing minimal drawdowns, I’m comfortable with that tradeoff. But it’s a decision each trader needs to make based on their risk tolerance.
Transparency and Ongoing Tracking
All my trading results, live accounts, funded accounts, and prop firm challenges are publicly available on the Algo Trading Space website. Anyone can check the accounts at any time and verify the performance I’m describing.
We’re constantly adding new accounts and testing additional expert advisors. The goal is finding systems that actually work in live conditions, not just backtests. Sharpshooter has proven itself repeatedly, which is why it continues running on multiple accounts.
Monthly updates show how each EA performs as market conditions change. Some months are stronger, others weaker, but the overall trend for Sharpshooter has been consistently positive.
What Makes This EA Different
I’ve tested dozens of expert advisors over the years. Many look promising in backtests but fail in live trading. Others work initially but degrade over time as market conditions shift.
Sharpshooter has maintained performance across different time periods and account types. The funded account results match the live account behavior. The recent 30-day performance aligns with longer-term statistics.
That consistency is rare. It suggests the underlying logic adapts to market conditions rather than being optimized for one specific environment that no longer exists.
The ability to generate withdrawable profits monthly, not just paper gains but actual money I can move to my wallet, makes Sharpshooter more than just another EA to test. It’s become a reliable income component.
Where to Access Sharpshooter and Additional Resources
Sharpshooter EA is available through Algo Trading Space, which provides access to the system along with additional algorithmic trading resources. Full disclosure: we may earn a small commission if you purchase through our links, though this doesn’t affect the price you pay or the honest assessment in this review.
For traders building portfolios of multiple expert advisors, the Algo Trading Space VIP club offers exclusive access to verified trading results across various systems, early insights into new EAs, and priority support. If you want ongoing performance data beyond individual reviews, it’s worth exploring.
I’ll continue running Sharpshooter on both funded and live accounts with public tracking, so you can follow results as they develop beyond this review.
Frequently Asked Questions
What’s the minimum account size needed to run Sharpshooter EA safely?
While Sharpshooter can technically operate on accounts as small as $500-$1,000, I recommend starting with at least $3,000-$5,000 for a comfortable margin and drawdown tolerance. My live account runs with $5,000, which provides a sufficient buffer for the system’s trading frequency and position sizing at medium risk.
Funded accounts work well because they provide larger equity ($50,000) for the same entry cost, allowing more conservative relative position sizing while still generating meaningful returns.
How does Sharpshooter perform during high-impact news events?
Sharpshooter includes an optional news filter that can pause trading around major economic releases, but I run it without this filter enabled on my iFunds account since that platform doesn’t restrict news trading. During my months of testing, I haven’t noticed catastrophic losses during news events.
The M15 timeframe provides some buffer against the most extreme volatility spikes that hit M1 or M5 systems. However, if your broker or prop firm restricts news trading, enabling the news filter is straightforward.
Can I run Sharpshooter alongside other EAs from the same developer?
Yes, and I actively do this on my $5,000 live account where Sharpshooter runs with Vigorous and Ranger EAs simultaneously. Each uses different magic numbers for trade identification, so there’s no conflict.
In fact, running multiple complementary systems can smooth overall equity curves since different strategies perform better in different market conditions. Just ensure your account size supports the combined position sizing across all EAs you’re running together.
What’s the difference between buying Sharpshooter individually versus the Powerhouse bundle?
Sharpshooter as a standalone EA focuses specifically on its particular trading logic, while Powerhouse EA combines six different strategies, including Sharpshooter’s approach into one expert advisor.
If you only want Sharpshooter’s specific methodology, the individual purchase makes sense. The Powerhouse bundle provides more diversity in a single installation, which can be valuable for portfolio diversification. I run individual versions to track each strategy’s performance separately, but traders wanting simplicity might prefer Powerhouse.
How often can I realistically expect to withdraw profits from a funded account using Sharpshooter?
Based on my experience, Sharpshooter generates 5-6% average monthly returns, which translates to monthly withdrawal opportunities if you’re comfortable taking profits regularly. I withdrew over $1,000 after 42 days, and the live account history shows similar monthly performance.
However, some traders prefer letting profits compound for a few months before withdrawing. The key is ensuring you stay within the drawdown limits, with iFunds’ 7% maximum at 70% profit split, conservative risk management is essential to avoid account termination.
