OPEN-SOURCE SCRIPT
Koko's Sniper Entry
This indicator is built around one core idea: wait for everything to align, then strike with precision.
Koko's Sniper Entry combines a dynamic EMA channel with a 4-hour bias filter and 5-minute entry confirmation to identify high-probability trade setups across futures and crypto markets. Designed for YM, MYM, MGC, NQ, SI, and LTCUSD.
How it works:
The EMA channel defines the range. When price breaks out with a strong clearing bar, the system checks three things before firing a signal — the 4-hour candle's wick rejection (which direction is the market actually defending), whether the 5-minute entry candle shows clean intent with no wicks fighting the move, and whether the session timing is right.
Only when all of those align does the indicator mark a signal. That's the sniper shot.
Signal types:
BUY-E / SELL-E — Early signal. Clearing bar confirmed, watching for full entry.
BUY-S / SELL-S — Smart signal. Full confirmation. This is the entry.
Built-in features:
4-hour bias filter using wick rejection analysis
ATR-based stop loss and take profit levels
Session filter for Asia, London, and NY
4-hour trade window — auto-expires after the setup window closes
PickMyTrade webhook alerts for automated execution
On-chart dashboard showing bias, session, signal state, and ATR
The philosophy:
Most traders overtrade. This system is designed to make you wait — and when the moment comes, you already feel it before you see it. The indicator just confirms what you know.
For educational purposes. Not financial advice. Always trade within your prop firm rules and risk parameters.
Koko's Sniper Entry combines a dynamic EMA channel with a 4-hour bias filter and 5-minute entry confirmation to identify high-probability trade setups across futures and crypto markets. Designed for YM, MYM, MGC, NQ, SI, and LTCUSD.
How it works:
The EMA channel defines the range. When price breaks out with a strong clearing bar, the system checks three things before firing a signal — the 4-hour candle's wick rejection (which direction is the market actually defending), whether the 5-minute entry candle shows clean intent with no wicks fighting the move, and whether the session timing is right.
Only when all of those align does the indicator mark a signal. That's the sniper shot.
Signal types:
BUY-E / SELL-E — Early signal. Clearing bar confirmed, watching for full entry.
BUY-S / SELL-S — Smart signal. Full confirmation. This is the entry.
Built-in features:
4-hour bias filter using wick rejection analysis
ATR-based stop loss and take profit levels
Session filter for Asia, London, and NY
4-hour trade window — auto-expires after the setup window closes
PickMyTrade webhook alerts for automated execution
On-chart dashboard showing bias, session, signal state, and ATR
The philosophy:
Most traders overtrade. This system is designed to make you wait — and when the moment comes, you already feel it before you see it. The indicator just confirms what you know.
For educational purposes. Not financial advice. Always trade within your prop firm rules and risk parameters.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.