OPEN-SOURCE SCRIPT
Sniper Entry 2.1
📌 Overview
This script is designed to calculate precise entry levels for long and short trades based on a combination of percentage offsets from the open price and ATR-based volatility filters. It dynamically adjusts stop-loss width and snaps levels to logical increments, then plots them on the chart with labels and dotted lines.
⚙️ Key Components
Inputs
Offset % from Open: Defines how far above/below the open price to set levels.
Label Offset: Controls how many bars forward labels/lines are drawn.
ATR Multiplier & ATR Length: Used to calculate volatility-adjusted stop-loss width.
Base Calculations
Computes upper and lower bounds around the open price using both percentage offset and ATR.
Chooses the larger of the two (percent vs ATR) to ensure realistic stop-loss sizing.
Builds symmetric levels around the open.
Dynamic Step Size
Adjusts snapping increments based on the raw stop-loss width.
Example: Small ranges snap to 0.01 or 0.05, larger ranges snap to 1, 5, 10, etc.
This prevents clutter and ensures levels align with meaningful price ticks.
Snapped Levels
longEntry: Rounded up to the nearest step above the open.
shortEntry: Rounded down to the nearest step below the open.
finalSL: The effective stop-loss width between these two levels.
Chart Drawing
Deletes old labels/lines to keep the chart clean.
Plots dotted horizontal lines for long and short entries.
Labels them with price values (green for long, red for short).
🎯 Purpose
This script helps traders quickly identify balanced entry levels that adapt to volatility. By combining percentage offsets with ATR, it avoids overly tight or unrealistic stops. The snapping logic ensures levels are practical for execution.
This script is designed to calculate precise entry levels for long and short trades based on a combination of percentage offsets from the open price and ATR-based volatility filters. It dynamically adjusts stop-loss width and snaps levels to logical increments, then plots them on the chart with labels and dotted lines.
⚙️ Key Components
Inputs
Offset % from Open: Defines how far above/below the open price to set levels.
Label Offset: Controls how many bars forward labels/lines are drawn.
ATR Multiplier & ATR Length: Used to calculate volatility-adjusted stop-loss width.
Base Calculations
Computes upper and lower bounds around the open price using both percentage offset and ATR.
Chooses the larger of the two (percent vs ATR) to ensure realistic stop-loss sizing.
Builds symmetric levels around the open.
Dynamic Step Size
Adjusts snapping increments based on the raw stop-loss width.
Example: Small ranges snap to 0.01 or 0.05, larger ranges snap to 1, 5, 10, etc.
This prevents clutter and ensures levels align with meaningful price ticks.
Snapped Levels
longEntry: Rounded up to the nearest step above the open.
shortEntry: Rounded down to the nearest step below the open.
finalSL: The effective stop-loss width between these two levels.
Chart Drawing
Deletes old labels/lines to keep the chart clean.
Plots dotted horizontal lines for long and short entries.
Labels them with price values (green for long, red for short).
🎯 Purpose
This script helps traders quickly identify balanced entry levels that adapt to volatility. By combining percentage offsets with ATR, it avoids overly tight or unrealistic stops. The snapping logic ensures levels are practical for execution.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.