Sniper Core XT [Indicator Edition]

27 apr

🔫 SNIPER CORE XT [Indicator Edition] — ZLEMA-Based Trend, Momentum & Volume Confirmation
⚙️ How It Works (What Makes It Unique):
Sniper Core XT [Indicator Edition] is a precision crypto trading tool that visualizes real-time trend, momentum, volume, and volatility confirmation. Built from the ground up using Pine Script v5, it is optimized for semi-manual or alert-driven trading on the 1H timeframe.

Instead of relying on indicator mashups, Sniper Core XT builds its logic around the ZLEMA (Zero Lag Exponential Moving Average) trend engine, refined with strict momentum, volume, and volatility filters to highlight only high-probability trading opportunities.

🧠 Core Logic & Components:

ZLEMA Trend Engine:
Plots fast, slow, and signal ZLEMA lines to detect clean trend transitions with minimal lag, enabling early, reliable trend identification.

Vortex Direction & Strength Filter:
Confirms directional bias based on Vortex Indicator internals. Signals only activate when vortex strength exceeds a customizable threshold and aligns with ZLEMA trend.

Volume Confirmation via ZLEMA of Volume:
Uses adaptive volume confirmation, requiring current volume to exceed a ZLEMA-smoothed threshold to validate breakout moves.

Normalized Volatility-Adjusted Momentum Filter:
Measures momentum via a normalized, ATR-adjusted rate of change. Filters out low-momentum or exhausted moves before they trigger false signals.

Real-Time Take Profit Tracking:
Plots real-time TP1 and TP2 targets after entry. Visual labels confirm when TP1 or TP2 are hit, without relying on broker execution.

Non-Canvas Dashboard:
Includes a fully integrated live table showing:

Current Signal (Long, Short, None)

Entry Price

TP1/TP2 Status

Trend Direction

Bars Since Entry

Exit Signals for Trend Weakness:
Plots exit labels when trend strength fades or reverses, allowing traders to manually close positions with precision.

🧪 Indicator Use & Applications:

Designed for manual or semi-automated crypto trading

Ideal for trending pairs and medium-high volatility environments

Compatible with external bots through alerts (WunderTrading, PineConnector, 3Commas, etc.)

Suited for 1H timeframe, but adjustable

🛡️ Indicator Style:


Feature Value
Repainting ❌ Never
Cooldown Mechanism ✅ 1-Bar
TP1/TP2 Tracking ✅ Built-in
Alert Compatibility ✅ Full support
Recommended Timeframe 🕒 1H
Entry & Exit Labels ✅
⚠️ Disclaimer:
This indicator is for educational and informational purposes only. It does not constitute financial advice. Always practice proper risk management and confirm entries with your own analysis before executing trades.

27 apr

Note di rilascio

🎯 Vortex Sniper X [v5 Indicator Edition]
📜 Indicator Overview
The Vortex Sniper X is an advanced, real-time crypto trend indicator that combines adaptive baseline filtering, momentum-based trend tracking, volume spike validation, and dynamic trade management.
It is specifically designed for precision trade timing and real-time trend monitoring on cryptocurrency markets — particularly effective on the 1-hour timeframe.

Importantly, this script is not a mashup of indicators layered together.
Each module is interdependent and orchestrated logically to improve trade reliability by dynamically adapting to changing trend and momentum conditions.

🧠 Why It Is NOT Just a Mashup
This system carefully integrates multiple components, but they do not operate independently or randomly.
Instead, each part fills a specific strategic role:

McGinley Dynamic Baseline filters trend direction by adapting more responsively to price volatility than standard EMAs or SMAs.

Vortex Indicator validates directional strength by measuring bullish or bearish momentum with a confirmation threshold.

Relative Momentum Index (RMI) provides trend memory and momentum stability confirmation.

Volume Spike Filter ensures that signals occur during significant liquidity conditions, avoiding false breakouts.

Structured Take Profits and Trend Weakness Exits manage the lifecycle of a trade using predefined and dynamic conditions.

Real-Time Dashboard provides actionable live status of current position, trend state, TP status, and bars elapsed.

No single condition triggers trades alone — all filters (baseline, vortex, RMI, and volume) must align to enter, ensuring the system functions as a unified decision engine, not a random indicator mashup.

🛠 How the Indicator Works (Code Explanation)
Trend Baseline (McGinley Dynamic):

The McGinley Dynamic is used as a primary trend filter.

It smooths price more effectively than a simple moving average by adjusting dynamically based on price volatility.

Trades are only considered when price is above (for longs) or below (for shorts) this dynamic baseline.

Vortex Strength Confirmation:

Calculates Vortex Positive (VI+) and Vortex Negative (VI−) lines.

A trade is only confirmed if VI+ exceeds VI− by at least a specified threshold for longs (and vice versa for shorts).

This ensures that only strong trend conditions trigger entries.

Volume Spike Validation:

A 20-period simple moving average of volume is calculated, and current volume must exceed 1.5× this average to confirm an entry.

Prevents trading during low-volume, unreliable periods.

RMI Trend Memory Filter:

Calculates a smoothed RMI value using 14-period length and 5-momentum.

Assigns a trend state:

Bullish if RMI > 50

Bearish if RMI < 50

Also detects trend weakening if RMI state changes, triggering early exits when trend strength is lost.

Trade Lifecycle Management:

Entry Conditions:

Long: Price above baseline + bullish vortex + volume spike + bullish RMI

Short: Price below baseline + bearish vortex + volume spike + bearish RMI

Exit Conditions:

TP1 (Take Partial Profit): +2% move

TP2 (Full Exit): +4% move

Early exit if trend weakens or opposite signal detected.

Trade Visualization:

Labels are plotted for entries ("BUY" or "SELL"), TP1 and TP2 hits, and exits.

Background colors highlight bullish or bearish conditions based on current setup.

Alerts are triggered on all events (entry, TP1, TP2, exits).

Real-Time Dashboard:

Displays:

Current Signal (Long, Short, None)

Entry Price

TP1 and TP2 status (YES/NO)

Current Trend (Bullish/Bearish/Neutral)

Bars Since Entry

This ensures users can monitor trades and trend states directly from the chart without needing manual tracking.

⚙️ Default Indicator Settings

Setting Value
Start Date January 1, 2024
End Date December 31, 2029
McGinley Period 14
Vortex Length 14
Vortex Threshold 0.05
RMI Length 14
RMI Momentum 5
Volume Filter Length 20
Volume Spike Multiplier 1.5× SMA
Long TP1 2% Gain
Long TP2 4% Gain
Short TP1 2% Drop
Short TP2 4% Drop
📈 Intended Usage
The Vortex Sniper X is specifically designed for:

Trend-following and momentum-trading strategies

Real-time crypto trading at 1H resolution

Automated bot alerts through webhook-compatible signals

Semi-manual trade management with clear TP1/TP2 targets and trend-weakness exits

It empowers traders to dynamically adjust their behavior based on live trend conditions rather than static technical setups.

⚠️ Required TradingView Disclaimer
Disclaimer:
This indicator script is for informational and educational purposes only. It does not constitute financial, investment, or trading advice.
Past performance is not indicative of future results. Trading carries risk, and you are solely responsible for your trading decisions.
Always perform your own due diligence before engaging in any trading activity.

27 apr

Note di rilascio

🎯 Vortex Sniper X [v5 Indicator Edition] – Advanced Trend-Momentum-Volume Fusion
📜 Indicator Overview
The Vortex Sniper X [v5 Edition] is an advanced non-repainting trend-following indicator that fuses adaptive baseline filtering, momentum tracking, volume spike validation, and trend strength confirmation into a dynamic, real-time trading system.
It is specifically optimized for cryptocurrency and volatile asset markets on the 1-hour timeframe.

This is not a mashup of indicators.
Each module plays a specific, essential role and the system operates through multi-factor alignment, requiring trend, momentum, volume, and strength to all agree before a trade signal is generated.

🧠 Why It Is NOT Just a Mashup
Although multiple components are used (McGinley Dynamic, RMI, Volume Spike Filter, Vortex Indicator), they are not used independently or randomly.
Instead:

Every module cross-validates the others before allowing an entry.

Volume must confirm trend strength.

Trend direction (RMI + McGinley) must align before acting.

Vortex Divergence ensures only powerful, directional moves are captured.

Same-bar exits and cooldowns are structured to maintain trade discipline.

This forms a cohesive algorithmic framework rather than simply combining unrelated indicators.

🛠 How the Indicator Works (Code Explanation)
Trend Baseline (McGinley Dynamic):

McGinley Dynamic baseline adapts to price volatility faster than a traditional moving average.

It serves as a primary trend filter: price must close above the baseline for longs and below for shorts.

Volume Spike Confirmation:

Volume must exceed 1.5× the 20-period SMA (Simple Moving Average) of volume to validate entries.

This ensures signals only occur during periods of strong liquidity and real participation.

Trend Direction and Weakness (RMI):

A custom Relative Momentum Index (RMI) calculates bullish or bearish bias.

Bullish Bias: RMI > 50

Bearish Bias: RMI < 50

A trend weakening detection system automatically monitors for shifts to trigger exits.

Trend Strength Validation (Vortex Indicator):

Calculates divergence between Vortex Positive and Vortex Negative components over a 14-period ATR basis.

Only strong divergence (above 0.05 threshold) confirms true trend strength.

Bullish Vortex: VI+ stronger than VI−

Bearish Vortex: VI− stronger than VI+

Entry Conditions:

Longs require:

Above McGinley baseline

Bullish RMI

Bullish Vortex divergence

Volume spike confirmed

Shorts require:

Below McGinley baseline

Bearish RMI

Bearish Vortex divergence

Volume spike confirmed

Exit Conditions:

TP1 (Take Profit 1):

Partial profit (first target) reached at +2% move for longs or -2% for shorts.

TP2 (Take Profit 2):

Full exit at +4% move for longs or -4% for shorts.

Early Exits:

Triggered if trend weakening is detected (RMI reversal) or an opposite setup appears.

Same-Bar Cooldown Protection:

Prevents reentry on the same bar after an exit, ensuring clean separation between trades.

Real-Time Dashboard:

Displays live:

Current signal (Long, Short, None)

Entry price

TP1 and TP2 hit status

Trend direction (Bullish, Bearish, Neutral)

Bars since entry

Chart Visualization:

McGinley Dynamic baseline plotted on chart.

Background coloring:

Greenish when Long condition active

Reddish when Short condition active

⚙️ Default Indicator Settings

Setting Value
Initial Capital — (not applicable; indicator)
Volume Spike Threshold 1.5× SMA over 20 bars
RMI Length 14
RMI Momentum 5
McGinley Baseline Period 14
Vortex Period 14
Vortex Divergence Threshold 0.05
TP1 +2% (Long) / -2% (Short)
TP2 +4% (Long) / -4% (Short)
📈 Intended Usage
The Vortex Sniper X is designed for:

Trend-following trading in crypto and high-volatility assets.

Momentum-based breakout confirmation trading.

Real-time trade monitoring with built-in dashboard.

Avoiding fakeouts and manipulation wicks via volume and strength confirmation.

It offers a highly disciplined trading framework, combining trend, momentum, volume, and strength into a single real-time trading model.

⚠️ Required TradingView Disclaimer
Disclaimer:
This indicator script is for informational and educational purposes only. It does not constitute financial, investment, or trading advice.
Past performance is not indicative of future results. Trading carries risk, and you are solely responsible for your trading decisions.
Always perform your own due diligence before engaging in any trading activity.