OPEN-SOURCE SCRIPT
Updated MTF Sniper v4
MTF Sniper is a precision entry indicator that combines trendline structure, EMA momentum, Price action and ADX trend strength into a single, easy-to-read signal.
No more second-guessing. No more watching multiple indicators separately. MTF Sniper does the heavy lifting — it analyzes the market structure in real time and fires a BUY or SELL label only when everything lines up perfectly.
Designed for intraday traders, MTF Sniper works best on lower timeframes and comes with a built-in session filter to keep you out of low-liquidity hours. Fully customizable trendline styles, colors, and alert settings included.
What you see on the chart:
🟢 BUY label — high-probability long entry
🔴 SELL label — high-probability short entry
Major and Minor trendlines drawn automatically
Built for XAUUSD at Forex.COM Chart.
No more second-guessing. No more watching multiple indicators separately. MTF Sniper does the heavy lifting — it analyzes the market structure in real time and fires a BUY or SELL label only when everything lines up perfectly.
Designed for intraday traders, MTF Sniper works best on lower timeframes and comes with a built-in session filter to keep you out of low-liquidity hours. Fully customizable trendline styles, colors, and alert settings included.
What you see on the chart:
🟢 BUY label — high-probability long entry
🔴 SELL label — high-probability short entry
Major and Minor trendlines drawn automatically
Built for XAUUSD at Forex.COM Chart.
Release Notes
we are testing another things hereRelease Notes
This not the exact same indicatorOpen-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.