OPEN-SOURCE SCRIPT
DRT Sniper Checklist FINAL
DRT Sniper Checklist – Smart Money Execution Panel
Description
The DRT Sniper Checklist is a simple, rule-based dashboard designed to help traders stay disciplined and execute high-probability setups based on Smart Money Concepts (SMC).
Instead of cluttering the chart with excessive indicators, this tool provides a clean decision panel that summarizes key market conditions in real time.
What It Shows
The panel evaluates core elements of a structured trading model:
Trend Direction (Bullish / Bearish / Neutral)
Position relative to Previous Day High (PDH)
Position relative to Previous Day Low (PDL)
VWAP Alignment
Liquidity Sweep Detection (basic)
DRT Zone (Discount / Premium approximation)
Each condition is displayed as a simple YES / NO or directional state.
Scoring System
The indicator calculates a score based on all conditions:
0–4 → No Trade / Wait
5–6 → A+ Setup Potential
This helps traders quickly identify when multiple factors align.
How to Use
Use the panel as a pre-trade checklist, not a signal generator
Only consider trades when:
Score is high (5–6)
Market context aligns with your strategy
Combine with:
Liquidity concepts
Displacement
Fair Value Gaps (FVG)
⚠️ Important Notes
This tool does not generate entry signals
It is designed to support decision-making, not replace analysis
Advanced concepts like manipulation and execution timing must still be assessed manually
🚀 Best Use Case
Intraday trading (London / New York sessions)
Smart Money Concept traders
Traders who need discipline and consistency
🧩 Philosophy
“The edge is not more indicators — it’s better decisions.”
Description
The DRT Sniper Checklist is a simple, rule-based dashboard designed to help traders stay disciplined and execute high-probability setups based on Smart Money Concepts (SMC).
Instead of cluttering the chart with excessive indicators, this tool provides a clean decision panel that summarizes key market conditions in real time.
What It Shows
The panel evaluates core elements of a structured trading model:
Trend Direction (Bullish / Bearish / Neutral)
Position relative to Previous Day High (PDH)
Position relative to Previous Day Low (PDL)
VWAP Alignment
Liquidity Sweep Detection (basic)
DRT Zone (Discount / Premium approximation)
Each condition is displayed as a simple YES / NO or directional state.
Scoring System
The indicator calculates a score based on all conditions:
0–4 → No Trade / Wait
5–6 → A+ Setup Potential
This helps traders quickly identify when multiple factors align.
How to Use
Use the panel as a pre-trade checklist, not a signal generator
Only consider trades when:
Score is high (5–6)
Market context aligns with your strategy
Combine with:
Liquidity concepts
Displacement
Fair Value Gaps (FVG)
⚠️ Important Notes
This tool does not generate entry signals
It is designed to support decision-making, not replace analysis
Advanced concepts like manipulation and execution timing must still be assessed manually
🚀 Best Use Case
Intraday trading (London / New York sessions)
Smart Money Concept traders
Traders who need discipline and consistency
🧩 Philosophy
“The edge is not more indicators — it’s better decisions.”
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.