This indicator plots session-filtered bullish and bearish engulfing markers on the price chart. A long mark appears when the current candle engulfs the prior candle inside the New York window and volume exceeds 1.5 times its 20-bar average. A short mark uses a
Indicator · Pine Script v5 · On the chart
V9 Intraday Sniper — Phase 2 Filters
An overlay indicator designed for intraday stock execution, specifically tailored for Bursa Malaysia trading rules.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code353
Settings24inputs
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
V9 Intraday Sniper — Phase 2 Filters calculates several filters to validate trade entries: session-based time blocks for market opening, closing, and lunch re-open windows; candlestick pattern detection including Engulfing and Morning Star; volume thresholds and volume surge conditions; an anti-FOMO check against short-term pivot extensions; and net trade viability after deducting transaction costs. It outputs an execution summary dashboard table on the price chart.
- Session timing filters blocking high-volatility window entries
- Fred Tam candlestick pattern filters
- Intraday 5-minute volume threshold and surge filter
- Anti-FOMO chase protection filter based on short-term pivots
- Portfolio-aware position sizing and transaction cost calculation dashboard
Details
Published by
kevinesk on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Candlestick patterns, Sessions & time, Volume, Screeners & dashboards
Markets
Stocks
Timeframes
M1-M5, M15-H1
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 |
|---|---|---|---|
| Block first N min of session | int | 30 | block_open_min |
| Block last N min of session | int | 15 | block_close_min |
| Block 15 min after lunch reopen | bool | true | block_lunch_dip |
| Bullish Engulfing | bool | true | use_engulf |
| Morning Star (3-bar) | bool | true | use_morning |
| Three White Soldiers | bool | true | use_3wsold |
| Piercing Pattern | bool | true | use_pierce |
| Hammer / Doji at support | bool | true | use_hamdoji |
| Min 5-min volume (shares) | int | 50000 | min_5min_vol |
| Surge vs 20-bar avg | float | 1.5 | vol_surge_x |
| Portfolio Value (RM) | float | 30000.0 | portfolio_rm |
| Max Intraday Pos % | float | 5.0 | intra_max_pct |
Show all 24 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Risk per Intraday Trade % | float | 0.5 | intra_risk_pct |
| Assumed Intraday Stop % | float | 2.0 | intra_stop_pct |
| Block buy if > N% above 5-bar pivot | float | 1.0 | fomo_extend |
| Commission % per side | float | 0.038 | comm_pct |
| Min commission per trade (RM) | float | 7.0 | comm_min_rm |
| Clearing fee % | float | 0.030 | clearing_pct |
| SC fee % | float | 0.0075 | sc_fee_pct |
| Stamp duty % (sell only, cap RM 1000) | float | 0.150 | stamp_pct |
| Assumed gross move % for viability check | float | 2.0 | assumed_gross |
| Min net profit % after costs to allow trade | float | 1.0 | min_net_pct |
| Show v9 Dashboard | bool | true | show_table9 |
| Plot session-block labels | bool | true | show_session_lbl |
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.
Similar Pine Scripts
This indicator plots a session VWAP of the typical price on the price chart. It marks an up triangle under a bar when close crosses above VWAP and a down triangle above a bar when close crosses below it. A star pinned at the top of the pane marks bars whose vo
This indicator identifies whether the opening bar of a new trading day opens at its high (Open = High) or low (Open = Low) within a customizable tick tolerance. It marks matching sessions directly on the price chart using directional arrows, text labels, and t
Point-Clip Unified Indicator plots breakout and directional labels on the price chart. It scores volume spikes against a volume average, range or opening-range breaks, optional VWAP or session-anchored VWAP, fast and slow EMA trend, and a higher-timeframe EMA
Equity Intraday Analyst is a comprehensive intraday overlay indicator for US equities and ETFs. It evaluates multi-EMA ribbons, session-anchored VWAP bands, OBV trends, momentum oscillators, TTM Squeeze, and optional market breadth indicators like NYSE TICK an
Peak Trading Activity Graphs displays historical market activity across cyclical timeframes directly on the main chart using an on-screen dashboard table. It evaluates volume or volatility across selected periods, including hours of the day, days of the week,
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers