OPEN-SOURCE SCRIPT
Structure Retest Sniper v1
Structure Retest Sniper v1 (SRS v1) is a precision-built trend continuation indicator designed to capture high-probability entries after a confirmed break of structure. By combining a triple EMA trend filter (21/50/200), swing-based market structure detection, and dynamic supply/demand zones, the script identifies when price is trending cleanly and breaking key levels. Once a breakout occurs, the system tracks a controlled pullback into value—specifically the 50 EMA—allowing traders to enter on a retest rather than chasing momentum. This creates a disciplined, rule-based approach aligned with institutional price behavior.
The indicator provides clear BUY and SELL signals only when all conditions align: trend direction, break of structure, and valid retest within a defined window. Visual elements such as zone boxes, arrows, labels, and background trend shading make chart reading simple and efficient, while built-in alerts ensure you never miss a setup. SRS v1 performs best on higher timeframes like the 1H, 4H, and Daily charts, and excels in trending markets such as Forex majors, indices, and gold—especially during high-volume sessions like London and New York. This is a clean, no-noise system built for traders who rely on structure, patience, and precision execution.
WHAT THE SCRIPT IS COMPRISED OF
1. TREND ENGINE (EMA STACK)
You’re using:
21 EMA (fast)
50 EMA (mid)
200 EMA (slow)
Logic:
Bull trend → 21 > 50 > 200
Bear trend → 21 < 50 < 200
This is filtering out bad trades and aligning you with direction.
What it means:
Market is only tradable when it's cleanly trending
No chop = fewer fake signals
2. STRUCTURE DETECTION (SWING POINTS)
Using:
ta.pivothigh
ta.pivotlow
What it does:
Finds recent highs/lows
Defines:
Resistance (highs)
Support (lows)
Important:
These are confirmed pivots, not guesswork → reduces noise.
3. SUPPLY & DEMAND ZONES
Every time a swing forms:
Pivot High → Supply Zone
Pivot Low → Demand Zone
How zones are built:
Uses 40% of the candle range
Extended forward (zone_extend)
Meaning:
These zones act as:
Reaction areas
Liquidity zones
Retest targets
4. BREAK OF STRUCTURE (BOS)
This is your trigger event.
Bullish BOS → price closes above last high
Bearish BOS → price closes below last low
Why it matters:
This confirms:
Trend continuation
Market intent
Liquidity taken
5. RETEST LOGIC (YOUR EDGE)
This is the core sniper logic.
After a BOS:
Wait up to X candles (retest_bars)
Price must pull back to:
EMA 50 (mid EMA)
Entry conditions:
BUY:
Bullish BOS happened
Price pulls back to EMA 50
Trend is bullish
SELL:
Bearish BOS happened
Price pulls back to EMA 50
Trend is bearish
This is textbook continuation entry
6. ATR BUFFER (SMART ENTRY SPACING)
Uses:
ATR(14)
Purpose:
Places labels slightly away from price
Helps visualize realistic entry zones
You can also use this for:
Stop loss placement
Risk control
7. SIGNAL SYSTEM
You get:
BUY / SELL labels
Triangle arrows
Background trend shading
Alerts
Meaning:
You’re never guessing
Signals are only printed when ALL conditions align
HOW TO USE THIS (REAL STRATEGY)
Entry Model (Simple & Effective)
BUY SETUP:
Trend = bullish (EMA aligned)
Price breaks previous high (BOS)
Price pulls back to EMA 50
BUY signal prints
Enter on:
Signal candle close OR
Lower timeframe confirmation
SELL SETUP:
Trend = bearish
Break of low (BOS)
Retest EMA 50
SELL signal prints
STOP LOSS
Best options:
Below/above retest candle
Or:
Below demand zone (for buys)
Above supply zone (for sells)
TAKE PROFIT
Use:
Previous highs/lows
Next structure level
2R–3R minimum
BEST TIMEFRAMES
This is where your indicator shines:
HIGH PROBABILITY SETUP
Daily → Bias
4H → Structure + BOS
1H → Entry (signals)
This matches exactly how you said you trade.
Alternative (Scalping):
15M → structure
5M → entries
More noise, lower accuracy
BEST MARKETS TO TRADE
This system works best on:
Forex majors
EURUSD
GBPUSD
USDJPY
Gold (XAUUSD)
Indices
NAS100
US30
Why?
Clean structure
Respect EMAs
Strong trends
BEST SESSIONS (IMPORTANT)
London Session (BEST)
Strong moves
Clean break + retest behavior
New York Session
Continuations
Volatility expansions
The indicator provides clear BUY and SELL signals only when all conditions align: trend direction, break of structure, and valid retest within a defined window. Visual elements such as zone boxes, arrows, labels, and background trend shading make chart reading simple and efficient, while built-in alerts ensure you never miss a setup. SRS v1 performs best on higher timeframes like the 1H, 4H, and Daily charts, and excels in trending markets such as Forex majors, indices, and gold—especially during high-volume sessions like London and New York. This is a clean, no-noise system built for traders who rely on structure, patience, and precision execution.
WHAT THE SCRIPT IS COMPRISED OF
1. TREND ENGINE (EMA STACK)
You’re using:
21 EMA (fast)
50 EMA (mid)
200 EMA (slow)
Logic:
Bull trend → 21 > 50 > 200
Bear trend → 21 < 50 < 200
This is filtering out bad trades and aligning you with direction.
What it means:
Market is only tradable when it's cleanly trending
No chop = fewer fake signals
2. STRUCTURE DETECTION (SWING POINTS)
Using:
ta.pivothigh
ta.pivotlow
What it does:
Finds recent highs/lows
Defines:
Resistance (highs)
Support (lows)
Important:
These are confirmed pivots, not guesswork → reduces noise.
3. SUPPLY & DEMAND ZONES
Every time a swing forms:
Pivot High → Supply Zone
Pivot Low → Demand Zone
How zones are built:
Uses 40% of the candle range
Extended forward (zone_extend)
Meaning:
These zones act as:
Reaction areas
Liquidity zones
Retest targets
4. BREAK OF STRUCTURE (BOS)
This is your trigger event.
Bullish BOS → price closes above last high
Bearish BOS → price closes below last low
Why it matters:
This confirms:
Trend continuation
Market intent
Liquidity taken
5. RETEST LOGIC (YOUR EDGE)
This is the core sniper logic.
After a BOS:
Wait up to X candles (retest_bars)
Price must pull back to:
EMA 50 (mid EMA)
Entry conditions:
BUY:
Bullish BOS happened
Price pulls back to EMA 50
Trend is bullish
SELL:
Bearish BOS happened
Price pulls back to EMA 50
Trend is bearish
This is textbook continuation entry
6. ATR BUFFER (SMART ENTRY SPACING)
Uses:
ATR(14)
Purpose:
Places labels slightly away from price
Helps visualize realistic entry zones
You can also use this for:
Stop loss placement
Risk control
7. SIGNAL SYSTEM
You get:
BUY / SELL labels
Triangle arrows
Background trend shading
Alerts
Meaning:
You’re never guessing
Signals are only printed when ALL conditions align
HOW TO USE THIS (REAL STRATEGY)
Entry Model (Simple & Effective)
BUY SETUP:
Trend = bullish (EMA aligned)
Price breaks previous high (BOS)
Price pulls back to EMA 50
BUY signal prints
Enter on:
Signal candle close OR
Lower timeframe confirmation
SELL SETUP:
Trend = bearish
Break of low (BOS)
Retest EMA 50
SELL signal prints
STOP LOSS
Best options:
Below/above retest candle
Or:
Below demand zone (for buys)
Above supply zone (for sells)
TAKE PROFIT
Use:
Previous highs/lows
Next structure level
2R–3R minimum
BEST TIMEFRAMES
This is where your indicator shines:
HIGH PROBABILITY SETUP
Daily → Bias
4H → Structure + BOS
1H → Entry (signals)
This matches exactly how you said you trade.
Alternative (Scalping):
15M → structure
5M → entries
More noise, lower accuracy
BEST MARKETS TO TRADE
This system works best on:
Forex majors
EURUSD
GBPUSD
USDJPY
Gold (XAUUSD)
Indices
NAS100
US30
Why?
Clean structure
Respect EMAs
Strong trends
BEST SESSIONS (IMPORTANT)
London Session (BEST)
Strong moves
Clean break + retest behavior
New York Session
Continuations
Volatility expansions
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.