OPEN-SOURCE SCRIPT
Stock Sniper
HOW TO USE
This indicator combines multiple tools into one TradingView system:
✅ UT Bot main buy and sell signals
✅ Optional Sniper Entry signals
✅ Optional Fair Value Gaps
✅ ATR-based stop-loss and profit targets
✅ Optional EMA ribbon, VWAP, dashboard, and candle colors
MAIN SIGNAL SYSTEM
The UT Bot is the main signal system.
🟢 UT BUY = possible bullish entry
🔴 UT SELL = possible bearish entry
The Sniper Entry module is optional and can be used as extra confirmation.
🟢 SNIPER BUY = EMA 9 crossing above EMA 21
🔴 SNIPER SELL = EMA 9 crossing below EMA 21
RSI DOTS
🔴 Red dot below the candle = RSI oversold
🟢 Green dot above the candle = RSI overbought
Important: The RSI dot colors are intentionally reversed from traditional colors.
A red oversold dot does not automatically mean buy.
A green overbought dot does not automatically mean sell.
Use the dots as a warning that price may be stretched.
FAST SCALP SETTINGS
Recommended for 1-minute, 3-minute, or 5-minute charts.
UT Bot Settings:
Key Value: 0.7 to 1.0
ATR Period: 5 to 7
Heikin Ashi Source: Optional
UT Bar Colors: On
ATR Trailing Stop: On
Sniper Settings:
Fast EMA: 9
Slow EMA: 21
ATR Length: 7
Stop-Loss ATR Multiplier: 1.0 to 1.2
Score Confirmation: Off for more signals
Minimum Score: 57%
Optional Visuals:
EMA Ribbon: On
VWAP: On
Entry, SL, and TP Levels: On
Dashboard: Off for a cleaner chart
Fair Value Gaps: Off or only use on the 5-minute chart
BALANCED INTRADAY SETTINGS
Recommended for 5-minute or 15-minute charts.
UT Bot Settings:
Key Value: 1.0
ATR Period: 10
Heikin Ashi Source: Off
UT Bar Colors: On
ATR Trailing Stop: On
Sniper Settings:
Fast EMA: 9
Slow EMA: 21
ATR Length: 14
Stop-Loss ATR Multiplier: 1.5
Score Confirmation: On
Minimum Score: 57% to 71%
Optional Visuals:
EMA Ribbon: On
VWAP: On
Dashboard: On
Fair Value Gaps: On
FVG Extend: 20 bars
CONSERVATIVE SETTINGS
Recommended for fewer but stronger signals.
UT Bot Settings:
Key Value: 1.5 to 2.0
ATR Period: 14
Heikin Ashi Source: On
Sniper Settings:
Fast EMA: 9
Slow EMA: 21
ATR Length: 14
Stop-Loss ATR Multiplier: 1.5 to 2.0
Score Confirmation: On
Minimum Score: 71%
Fair Value Gaps:
Enabled
Threshold: 0.1% to 0.5%
Mitigation Levels: On
Unmitigated Levels: 3 to 5
POSSIBLE LONG SETUP
UT BUY appears.
Price is above VWAP.
EMA 9 is above EMA 21.
Sniper BUY appears or the bullish score is above 57%.
A red RSI oversold dot recently appeared.
Enter after candle confirmation or a pullback.
Use the ATR stop-loss level.
Take partial profit at TP1, TP2, and TP3.
POSSIBLE SHORT SETUP
UT SELL appears.
Price is below VWAP.
EMA 9 is below EMA 21.
Sniper SELL appears or the bearish score is above 57%.
A green RSI overbought dot recently appeared.
Enter after candle confirmation or a retest.
Use the ATR stop-loss level.
Take partial profit at TP1, TP2, and TP3.
FVG CONFIRMATION
Bullish Fair Value Gap:
Use as a possible support or pullback area during an uptrend.
Bearish Fair Value Gap:
Use as a possible resistance or rejection area during a downtrend.
Do not enter only because an FVG appears. Combine it with UT Bot direction, VWAP, EMA trend, RSI conditions, and price action.
ATR STOP-LOSS GUIDE
Fast scalp:
1.0 to 1.2 ATR
Normal intraday trade:
1.5 ATR
More volatile market:
2.0 ATR
A tighter ATR setting creates a closer stop-loss but may cause more stop-outs.
A larger ATR setting gives the trade more room but increases the amount at risk.
BEST CONFIRMATION COMBINATION
Long:
UT BUY + Above VWAP + Bullish EMA trend + Strong bull score
Short:
UT SELL + Below VWAP + Bearish EMA trend + Strong bear score
Avoid entering when UT Bot and Sniper signals disagree.
RISK MANAGEMENT
Never risk your entire account on one trade.
Consider risking only 1% to 2% of your account per trade.
Take partial profit instead of waiting for every target.
Move the stop-loss only according to your trading plan.
This indicator is a confirmation system, not a guaranteed buy-and-sell system.
Always test the settings on your market, symbol, and timeframe before using real money.
For educational purposes only. Not financial advice.
This indicator combines multiple tools into one TradingView system:
✅ UT Bot main buy and sell signals
✅ Optional Sniper Entry signals
✅ Optional Fair Value Gaps
✅ ATR-based stop-loss and profit targets
✅ Optional EMA ribbon, VWAP, dashboard, and candle colors
MAIN SIGNAL SYSTEM
The UT Bot is the main signal system.
🟢 UT BUY = possible bullish entry
🔴 UT SELL = possible bearish entry
The Sniper Entry module is optional and can be used as extra confirmation.
🟢 SNIPER BUY = EMA 9 crossing above EMA 21
🔴 SNIPER SELL = EMA 9 crossing below EMA 21
RSI DOTS
🔴 Red dot below the candle = RSI oversold
🟢 Green dot above the candle = RSI overbought
Important: The RSI dot colors are intentionally reversed from traditional colors.
A red oversold dot does not automatically mean buy.
A green overbought dot does not automatically mean sell.
Use the dots as a warning that price may be stretched.
FAST SCALP SETTINGS
Recommended for 1-minute, 3-minute, or 5-minute charts.
UT Bot Settings:
Key Value: 0.7 to 1.0
ATR Period: 5 to 7
Heikin Ashi Source: Optional
UT Bar Colors: On
ATR Trailing Stop: On
Sniper Settings:
Fast EMA: 9
Slow EMA: 21
ATR Length: 7
Stop-Loss ATR Multiplier: 1.0 to 1.2
Score Confirmation: Off for more signals
Minimum Score: 57%
Optional Visuals:
EMA Ribbon: On
VWAP: On
Entry, SL, and TP Levels: On
Dashboard: Off for a cleaner chart
Fair Value Gaps: Off or only use on the 5-minute chart
BALANCED INTRADAY SETTINGS
Recommended for 5-minute or 15-minute charts.
UT Bot Settings:
Key Value: 1.0
ATR Period: 10
Heikin Ashi Source: Off
UT Bar Colors: On
ATR Trailing Stop: On
Sniper Settings:
Fast EMA: 9
Slow EMA: 21
ATR Length: 14
Stop-Loss ATR Multiplier: 1.5
Score Confirmation: On
Minimum Score: 57% to 71%
Optional Visuals:
EMA Ribbon: On
VWAP: On
Dashboard: On
Fair Value Gaps: On
FVG Extend: 20 bars
CONSERVATIVE SETTINGS
Recommended for fewer but stronger signals.
UT Bot Settings:
Key Value: 1.5 to 2.0
ATR Period: 14
Heikin Ashi Source: On
Sniper Settings:
Fast EMA: 9
Slow EMA: 21
ATR Length: 14
Stop-Loss ATR Multiplier: 1.5 to 2.0
Score Confirmation: On
Minimum Score: 71%
Fair Value Gaps:
Enabled
Threshold: 0.1% to 0.5%
Mitigation Levels: On
Unmitigated Levels: 3 to 5
POSSIBLE LONG SETUP
UT BUY appears.
Price is above VWAP.
EMA 9 is above EMA 21.
Sniper BUY appears or the bullish score is above 57%.
A red RSI oversold dot recently appeared.
Enter after candle confirmation or a pullback.
Use the ATR stop-loss level.
Take partial profit at TP1, TP2, and TP3.
POSSIBLE SHORT SETUP
UT SELL appears.
Price is below VWAP.
EMA 9 is below EMA 21.
Sniper SELL appears or the bearish score is above 57%.
A green RSI overbought dot recently appeared.
Enter after candle confirmation or a retest.
Use the ATR stop-loss level.
Take partial profit at TP1, TP2, and TP3.
FVG CONFIRMATION
Bullish Fair Value Gap:
Use as a possible support or pullback area during an uptrend.
Bearish Fair Value Gap:
Use as a possible resistance or rejection area during a downtrend.
Do not enter only because an FVG appears. Combine it with UT Bot direction, VWAP, EMA trend, RSI conditions, and price action.
ATR STOP-LOSS GUIDE
Fast scalp:
1.0 to 1.2 ATR
Normal intraday trade:
1.5 ATR
More volatile market:
2.0 ATR
A tighter ATR setting creates a closer stop-loss but may cause more stop-outs.
A larger ATR setting gives the trade more room but increases the amount at risk.
BEST CONFIRMATION COMBINATION
Long:
UT BUY + Above VWAP + Bullish EMA trend + Strong bull score
Short:
UT SELL + Below VWAP + Bearish EMA trend + Strong bear score
Avoid entering when UT Bot and Sniper signals disagree.
RISK MANAGEMENT
Never risk your entire account on one trade.
Consider risking only 1% to 2% of your account per trade.
Take partial profit instead of waiting for every target.
Move the stop-loss only according to your trading plan.
This indicator is a confirmation system, not a guaranteed buy-and-sell system.
Always test the settings on your market, symbol, and timeframe before using real money.
For educational purposes only. Not financial advice.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.