This indicator plots a Price Action Channel (PAC) based on high, low, and close moving averages alongside fast, medium, and slow trend EMAs directly on the price chart. It detects regular and Bill Williams fractals to track market structure and identifies pull
Indicator · Pine Script v5 · On the chart
Sniper Algo
Sniper Algo is a multi-indicator technical analysis suite that plots directly on the main price chart.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code687
Settings36inputs
LicenceNone stated
Last update6 weeks ago18 Sep 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Sniper Algo integrates Ichimoku Kinko Hyo components, automated support and resistance zones, dual exponential moving averages, and optional buy and sell signals. Users can switch between Scalping and Swing presets, toggle individual modules such as reversal zones or smoothed Heikin Ashi, and customize calculation periods and signal sensitivity. The tool serves as an analytical visual aid and does not place automated orders.
- Ichimoku Kinko Hyo cloud overlay
- Automated support and resistance zones
- Dual EMA trend filters
- Configurable buy and sell signals
- Scalping and swing mode presets
Details
Published by
TamTH-Dev on GitHub
Code credit
tamth_, as written in the script's header
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
M1-M5, H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Strategy | string | Scalping | strategy |
| Show | bool | true | ikhShowed |
| Tenkan-Sen Length | int | 9 | tenkanLen |
| Kijun-Sen Length | int | 26 | kijunLen |
| Senkou-Span B Length | int | 52 | senkouSpanBLen |
| Chikou-Span Displacement | int | 26 | chikouSpanDisplacement |
| Kumo Cloud Displacement | int | 26 | kumoCloudDisplacement |
| Show | bool | true | srShowed |
| Period | int | 284 | srPrd |
| Support Color | color | color.new(AQUA_COLOR, 80) | srSupportColor |
| Resistance Color | color | color.new(LIGHT_GRAY_COLOR, 80) | srResistanceColor |
| Strength | int | 2 | srStrength |
Show all 36 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Zone Width In % | float | 1.5 | srZoneWidthPerc |
| Value Color | color | color.new(WHITE_COLOR, 20) | srValColor |
| Show | bool | false | buySellSignalsShowed |
| Sensitivity | float | 2.5 | sensitivity |
| Show | bool | false | trShowed |
| Show | bool | false | revZonesShowed |
| Period | int | 30 | revZonesPrd |
| Show | bool | true | emasShowed |
| Leading EMA | int | 100 | leadingEmaPrd |
| Lagging EMA | int | 200 | laggingEmaPrd |
| Show | bool | false | shaShowed |
| Period | int | 10 | shaPrd |
| Smoothed Length | int | 10 | shaSmoothedLen |
| Show | bool | false | gpShowed |
| Depth | int | 20 | gpDepth |
| Deviation | float | 3 | gpThresholdMult |
| Color | color | YELLOW_COLOR | gpColor |
| Show | bool | false | vcsShowed |
| Large Volume Up Candle Color | color | GREEN_COLOR | lgVolUpCandleColor |
| Medium Volume Up Candle Color | color | YELLOW_COLOR | mdVolUpCandleColor |
| Large Volume Down Candle Color | color | RED_COLOR | lgVolDnCandleColor |
| Medium Volume Down Candle Color | color | PURPLE_COLOR | mdVolDnCandleColor |
| Normal Up Candle Color | color | AQUA_COLOR | norUpCandleColor |
| Normal Down Candle Color | color | WHITE_COLOR | norDnCandleColor |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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