This technical indicator combines SuperTrend signals, moving average trend clouds, pivot points, and daily range breakout targets directly on the price chart. It generates Buy, Strong Buy, Sell, and Strong Sell labels when price crosses the SuperTrend level in
Indicator · Pine Script v5 · On the chart
V12 Swing Sniper Pro
V12 Swing Sniper Pro is a swing trading indicator for Bursa Malaysia stocks.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code554
Settings40inputs
LicenceNone stated
Last update4 months ago12 Jun 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
V12 Swing Sniper Pro layers macro and sector filters atop Minervini-style trend quality gates and RSI checks to validate bullish setups. The script fires buy signals when coiling, pullback proximity, breakout volume, and extension conditions align, while blocking entries in bearish KLCI regimes or weak sectors. It draws pivot highs/lows, ATR-based stops, and target lines directly on the price chart and shows a compact diagnostics table. Core inputs let users pick trade mode, macro gate strength, sector, EMA lengths, ATR settings, risk percentage, and capital size. The tool enforces liquidity floors and Bursa tick-size limits before allowing a buy.
- Swing Sniper
- Macro Gate
- Minervini Trend
- KLSE Regime
- Risk Panel
Details
Published by
kevinesk on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Moving averages, Support & resistance, Breakout
Markets
Stocks, Indices, Oil & commodities
Timeframes
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 |
|---|---|---|---|
| Trade mode | string | Swing | tradeMode |
| Macro gate mode | string | Hard | macroMode |
| Stock sector | string | None / Other | sector |
| Crude palm oil (FCPO) | symbol | MYX:FCPO1! | symCPO |
| Brent crude | symbol | TVC:UKOIL | symOIL |
| USD/MYR | symbol | FX_IDC:USDMYR | symFX |
| US 10Y yield | symbol | TVC:US10Y | symYLD |
| Semiconductor index | symbol | NASDAQ:SOX | symSOX |
| Aluminium | symbol | COMEX:ALI1! | symALU |
| Natural gas | symbol | NYMEX:NG1! | symGAS |
| RS benchmark (KLCI) | symbol | FTSEMYX:FBMKLCI | rsSymbol |
| Max % below 52-wk high | float | 25.0 | nearHiPct |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Min % above 52-wk low | float | 30.0 | aboveLoPct |
| Fast EMA | int | 9 | emaFastLen |
| Pullback EMA | int | 20 | emaPbLen |
| ATR length | int | 14 | atrLen |
| Max extension (ATR above pullback EMA) | float | 4.0 | maxExtATR |
| Max % above fast EMA | float | 8.0 | maxPctFast |
| Pullback proximity band % | float | 3.0 | proxBandPct |
| Pullback lookback (bars) | int | 10 | pbLookback |
| Coil: ATR5/ATR20 must be below | float | 0.70 | coilRatio |
| RSI hard block | float | 80.0 | rsiHardCap |
| Pivot lookback (bars) | int | 20 | pivotLen |
| Breakout volume multiple | float | 1.5 | volMult |
| Capital (RM) | float | 30000.0 | capital |
| Manual risk per trade % (if auto off) | float | 1.0 | riskPct |
| Auto risk % by KLCI regime (2/1.5/1/0.5/0) | bool | true | autoRisk |
| Max notional per position % | float | 10.0 | notionalCapPct |
| Stop: swing-low lookback (bars) | int | 10 | stopLook |
| Stop buffer below ref level % | float | 1.0 | stopBufPct |
| Target (gross R multiple) | float | 2.5 | targetR |
| Round-trip cost % of notional | float | 0.70 | costPct |
| Stop construction | string | EMA20 (Minervini) | stopMode |
| PAM ATR-offset multiple | float | 0.7 | pamMult |
| Max stop distance % (Minervini cap) | float | 8.0 | maxStopPct |
| ATR stop multiple (ATR mode) | float | 1.5 | atrStopMult |
| Max ATRs to target (feasibility) | float | 10.0 | maxAtrTgt |
| BUY requires feasible target | bool | true | requireFeas |
| Min avg traded value RM/day (20-bar) | float | 500000.0 | minValRM |
| Min stop distance (Bursa ticks) | float | 8.0 | minTicks |
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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