OPEN-SOURCE SCRIPT

UT Sniper Pro

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🎯 UT Sniper Pro – High-Precision Reversal Trading System

UT Sniper Pro is an advanced upgrade of the classic UT Bot algorithm, engineered specifically for Scalpers and Swing Traders. Operating like a true sniper, it filters out market noise and triggers entries only when multiple confirmation layers align perfectly.

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🌟 Core Features
Smart Reversal Detection: Combines responsive UT Bot signals with an objective Pivot-based price structure to capture precise market tops and bottoms.
Anti-FOMO Guard: Eliminates chasing the market by preventing entries on extended consecutive candle streaks and forcing setups into high-probability Bollinger Band zones.
Volatility Filter (ATR Spike): Automatically rejects trades during dangerous market spikes or stop-hunts (blocks entries when current ATR exceeds 1.3x of historical average).
Live Analytics Dashboard: Tracks and displays Total Trades, Win Rate, and specific TP/SL hit metrics directly on your chart for effortless edge evaluation.

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💡 Quick Trading Guide
BUY Signal: Triggered when a bullish price divergence forms in the lower Bollinger Band zone and the UT Bot confirms an uptrend.
SELL Signal: Triggered when a bearish price divergence forms in the upper Bollinger Band zone and the UT Bot confirms a downtrend.
Risk Management: The script automatically plots real-time Entry (Blue), SL (Red), and TP1 / TP2 (Green) levels dynamically adjusted by ATR.
Optimal Default Settings: Key Value = 2.0 | ATR Period = 10. Best executed on lower timeframes (M3, M5, M15).

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