Profit Sniper 2.0

Offering up huge improvements, including multiple position triggers, derived from Bollinger Bands and Chande Momentum as well as our own bespoke stochastic ribbons that provide trend pivots .
Profit Sniper now works with regular Japanese candles, however, it still provides the flexibility of Heiken Ashi settings for certain elements of the indicator, this allows the accuracy of Japanese candlestick prices, and the smooth trends of HA.
Profit Sniper 2.0 has been specifically re-written for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader) and as such we have chosen to remove several noisy elements of the now defunct Profit Sniper that were underused, such as the PPO and RSI variants.
Another big decision was to remove the MACD from the indicator package, as invariably users preferred using the built-in MACD .
So how does it work?
HUNT
In true Sniper fashion, when our stochastic HA ribbons pivot between short and long trends, the indicator will offer up a colour coded flag the says “1. HUNT” green for long, red for short.
SIGHT
At this stage, the indicator is now looking for a second condition, this is displayed as “2. Sight” at this point the indicator as noticed a drop in the previous momentum, to pre-empt a flip between long and short. Red is for short, green is for Long
FIRE
The final condition to be met is based on the positioning of the Bollinger Bands , which is show as the “3. Fire Flag” again, as with hunt and sight, red is for short and green is for long.
Offering up huge improvements, including multiple position triggers, derived from Bollinger Bands and Chande Momentum as well as our own bespoke stochastic ribbons that provide trend pivots.
Profit Sniper now works with regular Japanese candles, however, it still provides the flexibility of Heiken Ashi settings for certain elements of the indicator, this allows the accuracy of Japanese candlestick prices, and the smooth trends of HA.
Profit Sniper 2.0 has been specifically re-written for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader) and as such we have chosen to remove several noisy elements of the now defunct Profit Sniper that were underused, such as the PPO and RSI variants.
Another big decision was to remove the MACD from the indicator package, as invariably users preferred using the built-in MACD .
So how does it work?
HUNT
In true Sniper fashion, when our stochastic HA ribbons pivot between short and long trends, the indicator will offer up a colour coded flag the says “1. HUNT” green for long, red for short.
SIGHT
At this stage, the indicator is now looking for a second condition, this is displayed as “2. Sight” at this point the indicator as noticed a drop in the previous momentum, to pre-empt a flip between long and short. Red is for short, green is for Long.
FIRE
The final condition to be met is based on the positioning of the Bollinger Bands , which is show as the “3. Fire Flag” again, as with hunt and sight, red is for short and green is for long. A SAFETY catch also exists, preventing a FIRE when certain user defined conditions occur.
Added a "Caution mode" to avoid confusion on the repainting issue for Hunt and Sight flags.
Added trade mode "Long / Short / All"
Added alert conditions to set alert on Hunt aswell as Fire flags
Harmonised the indicator & backtest settings
Optimised indicator functionality to integrate with Catbot.
> Fire on Hunt Flag added (1. Fire / 1.Fire + 1)
> "Wait for Fire (BBMA) Confirmation" option retired in favour of "Choose BBMA Fire Condition" select box containing:
Off = Wait for Fire confirmation
Open = Fire when period opens above (short) / below (long) BBMA
Open Tolerance = As above, but with tolerance threshold for when it nears BBMA (with accompanying Tolerance setting)
Other modifications:
> "3. Safety" flags retired, now no flag will appear if BB Squeeze activated
> Bollinger Squeeze added to 1 & 2 Fire Flags
> Short alerts on Japanese Flags fixed
Profit Sniper 2.0 offers up huge improvements over the previous 1.0 version of Profit Sniper, including multiple position triggers, derived from Bollinger Bands and Chande Momentum as well as our own bespoke stochastic ribbons that provide trend pivots.
> 2.0 operates off two timeframes in parallel, your Trend Timeframe (Higher Timeframe concerned with identifying market trends), and your Trade Timeframe (Lower Timeframe to actually trade Longs & Shorts in)
> You also have the option to trade with trend so the indicator will automatically flag & alert only Shorts in a Short trend, and Longs in a Long Trend
Profit Sniper 2.0 has been specifically re-written to simplify usage, and for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader).
If you would like access, please send me a PM.
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Script su invito
Solo gli utenti autorizzati dall'autore hanno accesso a questo script e ciò richiede solitamente un pagamento. Puoi aggiungere lo script ai tuoi preferiti, ma potrai utilizzarlo solo dopo aver richiesto l'autorizzazione e averla ottenuta dal suo autore - per saperne di più leggi qui. Per maggiori dettagli, segui le istruzioni dell'autore qui sotto o contatta direttamente KeithWareing.
TradingView NON consiglia di pagare o utilizzare uno script a meno che non ci si fidi pienamente del suo autore e non si comprenda il suo funzionamento. Puoi anche trovare alternative gratuite e open-source nei nostri script della comunità.
Istruzioni dell'autore
Attenzione: prima di richiedere l'accesso, leggi la nostra guida per gli script su invito.