Sniper Trader V6.5 Pro SMC, FVGs & Volume Sweep Engine

The Sniper Trader V6.5 Pro indicator provides an all-in-one Smart Money Concepts (SMC) toolkit designed to identify high-probability institutional setups through liquidity detection and volume analysis. By integrating multi-layered trend filters with dynamic Fair Value Gaps (FVGs), the script helps traders visualize institutional activity and retail traps in real-time.

Usage

The Usage section focuses on identifying institutional footprints using confluence between volume-backed signals and dynamic zones.

• Macro Trend Filtering: Users should first identify the primary market direction using the long-term EMA (e.g., 200 EMA). Institutional setups are higher probability when taken in alignment with this macro trend.
• Liquidity Rejections: The indicator plots "LONG" and "SHORT" signals based on wick analysis and volume. For a valid long setup, look for price to enter an Aqua Demand Box and produce a rejection signal off a dynamic level (VWAP or EMA) backed by institutional volume.
• Fair Value Gaps (FVG): Use the Demand (Aqua) and Supply (Red) boxes to find areas of price imbalance. The script includes a mitigation engine that automatically removes these zones once price has fully retraced through them, ensuring only active liquidity remains visible.
• Opening Range Breakouts (ORB): The script tracks the initial market volatility within a specific session (defaulted to the New York open). This provides a framework for the trading day, marking the high and low of the opening range as key support and resistance levels.

Details

The script utilizes a comprehensive logic engine to filter out market noise and focus on institutional participation.

• Cumulative Volume Delta (CVD) Divergence: The script calculates the relationship between price movement and volume accumulation to detect hidden divergences. When price makes a new high/low but CVD fails to follow, the script identifies a potential reversal point via visual labels.
• Volume-Backed Sweep Engine: Unlike standard wick detection, this engine analyzes the ratio between wick size, body size, and relative volume. This ensures that signals are only generated when there is evidence of an actual liquidity sweep rather than just a volatile candle.
• Market Structure: The script automates the detection of Break of Structure (BOS) and Change of Character (CHoCH) using pivot points, allowing traders to confirm shifts in market momentum and trend continuation.

Settings

1. Moving Averages

• Show EMA: Toggles the visibility of the three Exponential Moving Averages.
• EMA Lengths (Fast/Trend/Support): Sets the period for the micro, mid, and macro trend tracking lines.

2. VWAP

• Show VWAP: Toggles the Session Volume Weighted Average Price.

3. FVG Filtrado Avanzado

• Show boxes: Enables or disables the Fair Value Gap/Liquidity boxes.
• Filter by ATR (Size): When enabled, only FVGs larger than a specific ATR multiplier are displayed.
• Filter by Volume: Ensures liquidity boxes are only drawn when the initiating move is backed by high volume.
• Projection: Determines how many bars forward the liquidity boxes extend.

4. Delta Divergence (CVD)

• Show CVD Divergence: Toggles the detection and labeling of CVD-based bullish and bearish divergences.

5. ORB (Opening Range)

• Show ORB: Enables the Opening Range Breakout lines.
• ORB Timeframe: Defines the specific session time for calculating the range (e.g., "0930-0945").

6. Market Structure (CHoCH / BOS)

• Show Market Structure: Toggles visual labels for structural breaks.
• Pivot Period: Sets the sensitivity for detecting pivot highs and lows used in structure calculations.

FAQ

How do I use the FVG boxes for entries? The boxes act as demand and supply zones. Traders typically wait for price to return to these zones and look for a rejection signal (triangle) with increased volume before entering a trade.

What is the purpose of the CVD labels? CVD (Cumulative Volume Delta) labels indicate a divergence between price and volume. A "Bullish Div" suggests that while price is falling, buying pressure is increasing, often signaling a bottom.

How can I access Sniper Trader V6.5 Pro? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.