OPEN-SOURCE SCRIPT
Sessions Sniper LK
This indicator combines three powerful tools into one streamlined trading system:
UT Bot – Primary Buy and Sell signal engine.
Session Boxes – Displays Asia, London, New York AM, and New York PM trading sessions.
Dynamic Pivot Levels – Highlights important support and resistance levels based on recent market structure.
The indicator is designed so that **UT Bot controls every trading signal**, while the Session Boxes and Pivot Levels provide additional market context for making higher-probability trading decisions.
---
# Primary Trading Signals
The **UT Bot is the only indicator responsible for Buy and Sell signals.**
### BUY Signal
A Buy signal appears when:
* The UT Bot changes to a bullish trend.
* Price closes above the ATR trailing stop.
* A Buy label is displayed below the candle.
### SELL Signal
A Sell signal appears when:
* The UT Bot changes to a bearish trend.
* Price closes below the ATR trailing stop.
* A Sell label is displayed above the candle.
The bar colors will automatically match the current UT Bot trend:
* 🟢 Green = Bullish
* 🔴 Red = Bearish
These are the only signals intended for entering or exiting trades.
---
# Session Boxes
The colored boxes represent major trading sessions.
* 🔵 Asia
* 🔴 London
* 🟢 New York AM
* 🟣 New York PM
Each box automatically records:
* Session High
* Session Low
The session highs and lows often become important areas of:
* Support
* Resistance
* Liquidity
* Breakout zones
* Reversal zones
The colors identify the session, so labels are intentionally omitted to keep the chart clean.
---
# Pivot Levels
The Pivot Levels are not Buy or Sell signals.
Instead, they help identify:
* Strong support
* Strong resistance
* High-volume turning points
* Areas where price previously reacted
The colors indicate market position relative to each pivot:
* 🟢 Support
* 🔴 Resistance
* 🔵 Active / Current Price Area
Multiple pivot lengths allow you to see both short-term and long-term market structure simultaneously.
---
# Best Trade Setup
For the highest probability trades:
### Long Trades
Look for:
* UT Bot Buy signal
* Price above major Pivot Support
* Signal occurring during London or New York sessions
* Break above a session high
* Strong bullish candles
### Short Trades
Look for:
* UT Bot Sell signal
* Price below Pivot Resistance
* Signal during London or New York sessions
* Break below a session low
* Strong bearish candles
When all three tools align, the trade setup generally has greater confirmation than relying on a single indicator.
---
# Recommended Timeframes
Works best on:
* 1 Minute
* 3 Minute
* 5 Minute
* 15 Minute
* 30 Minute
* 1 Hour
Lower timeframes generate more signals, while higher timeframes typically produce stronger trends.
---
# Recommended Markets
Designed for:
* Stocks
* ETFs
* Futures
* Forex
* Cryptocurrency
* Indexes
---
# Customization
Nearly every feature can be enabled or disabled independently.
You can customize:
* Session visibility
* Session colors
* Pivot lengths
* Pivot styles
* Pivot extensions
* UT Bot sensitivity
* ATR period
* Heikin Ashi mode
* Bar coloring
* Buy/Sell labels
* Trailing stop visibility
This allows you to build a layout that matches your personal trading style.
---
# Important Notes
This indicator is designed to improve decision-making by combining trend detection, market structure, and session analysis into one chart.
No indicator is perfect. Always combine signals with sound risk management, proper position sizing, and your own market analysis before entering a trade.
UT Bot – Primary Buy and Sell signal engine.
Session Boxes – Displays Asia, London, New York AM, and New York PM trading sessions.
Dynamic Pivot Levels – Highlights important support and resistance levels based on recent market structure.
The indicator is designed so that **UT Bot controls every trading signal**, while the Session Boxes and Pivot Levels provide additional market context for making higher-probability trading decisions.
---
# Primary Trading Signals
The **UT Bot is the only indicator responsible for Buy and Sell signals.**
### BUY Signal
A Buy signal appears when:
* The UT Bot changes to a bullish trend.
* Price closes above the ATR trailing stop.
* A Buy label is displayed below the candle.
### SELL Signal
A Sell signal appears when:
* The UT Bot changes to a bearish trend.
* Price closes below the ATR trailing stop.
* A Sell label is displayed above the candle.
The bar colors will automatically match the current UT Bot trend:
* 🟢 Green = Bullish
* 🔴 Red = Bearish
These are the only signals intended for entering or exiting trades.
---
# Session Boxes
The colored boxes represent major trading sessions.
* 🔵 Asia
* 🔴 London
* 🟢 New York AM
* 🟣 New York PM
Each box automatically records:
* Session High
* Session Low
The session highs and lows often become important areas of:
* Support
* Resistance
* Liquidity
* Breakout zones
* Reversal zones
The colors identify the session, so labels are intentionally omitted to keep the chart clean.
---
# Pivot Levels
The Pivot Levels are not Buy or Sell signals.
Instead, they help identify:
* Strong support
* Strong resistance
* High-volume turning points
* Areas where price previously reacted
The colors indicate market position relative to each pivot:
* 🟢 Support
* 🔴 Resistance
* 🔵 Active / Current Price Area
Multiple pivot lengths allow you to see both short-term and long-term market structure simultaneously.
---
# Best Trade Setup
For the highest probability trades:
### Long Trades
Look for:
* UT Bot Buy signal
* Price above major Pivot Support
* Signal occurring during London or New York sessions
* Break above a session high
* Strong bullish candles
### Short Trades
Look for:
* UT Bot Sell signal
* Price below Pivot Resistance
* Signal during London or New York sessions
* Break below a session low
* Strong bearish candles
When all three tools align, the trade setup generally has greater confirmation than relying on a single indicator.
---
# Recommended Timeframes
Works best on:
* 1 Minute
* 3 Minute
* 5 Minute
* 15 Minute
* 30 Minute
* 1 Hour
Lower timeframes generate more signals, while higher timeframes typically produce stronger trends.
---
# Recommended Markets
Designed for:
* Stocks
* ETFs
* Futures
* Forex
* Cryptocurrency
* Indexes
---
# Customization
Nearly every feature can be enabled or disabled independently.
You can customize:
* Session visibility
* Session colors
* Pivot lengths
* Pivot styles
* Pivot extensions
* UT Bot sensitivity
* ATR period
* Heikin Ashi mode
* Bar coloring
* Buy/Sell labels
* Trailing stop visibility
This allows you to build a layout that matches your personal trading style.
---
# Important Notes
This indicator is designed to improve decision-making by combining trend detection, market structure, and session analysis into one chart.
No indicator is perfect. Always combine signals with sound risk management, proper position sizing, and your own market analysis before entering a trade.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.