(VIP) Sniper Scanner — Indicator by skyline-trader

oscillator trendanalysis volumestudies stochasticdivergence contrarian reversalzone dashboard monitor

Script is able to scan up to 5 instruments per one instance of indicator being added to chart. In case of need to monitor more instruments in parallel, please add more instances of indicator to chart. Limit of 5 instruments is applied due to Pine limitations and performance.
Please wait couple of seconds for recalculations that happen in background after changing settings of the indicator.

Scanner is checking per instrument for any entry opportunities, taking into account:
- volume spikes (anomalies)
- appearance of Contrarian Zones (accordingly to Greed & Fear logic)
- Stochastic divergences
- MFI Extreme Zones (Oversold & Overbought) exit as great opportunities to open new position

Timeframe of scanner: is automatically set to the same as the chart; example: if you want to perform scan for Daily timeframe , please select chart also to Daily timeframe
Default settings works quite efficiently on various markets and timeframes, but feel free to experiment!

To get access to indicator, become our subscriber - leave me a message or visit Documentation of my scripts mentioned in my signature.

Release Notes:

Fixed issue with naming variables for labels

Release Notes:

Updated default values in settings for better signals accuracy

Release Notes:

Bugfixes

skylinetrader.io

AI calculated Levels based on Darkpool and Options market data
Automatic Scanner of Supply & Demand on the market - VSA Scanner. Get edge in your trading!

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact skyline-trader for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

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