Supply & Demand Sniper369

The Supply & Demand Sniper369 indicator is a professional execution framework that identifies high-probability reversal points by combining macro-structural supply and demand zones with micro-execution liquidity triggers.

Usage

The tool is designed to help traders identify points of interest and precise entry levels within those areas.

1. Identify Structural Alignment: Look for teal (Demand) and red (Supply) boxes on the chart. These represent areas where institutional orders are historically concentrated.
2. Monitor Sniper Triggers: When price enters a zone, the script monitors for specific liquidity "sweeps" or manipulation patterns.
3. Execute via Levels:
   • Solid Line: Represents the extreme point of the manipulation candle. This is often used as a structural invalidation level or stop-loss.
   • Dotted Line: Marks the 50% threshold of the rejection wick. This serves as a "Sniper Entry" target for limit orders.
4. Trend Filtering: Use the optional EMA filter to ensure signals only trigger in the direction of the prevailing trend.

Details

The script operates on two main logical layers:

• Macro Structure: It scans for significant pivot highs and lows, then calculates zone width based on the Average True Range (ATR). This ensures that zones are scaled according to the current market volatility.
• Micro Execution: The "Enigma 369" logic detects candles that break the previous candle's high/low but fail to sustain that level. This signifies a liquidity grab. The 50% wick level is calculated as a high-probability retest area before the actual move occurs.

The indicator uses Pine Script v6 objects to manage dynamic arrays of boxes and lines. It includes an auto-cleanup feature that deletes zones and lines once they are mitigated or invalidated by price action, ensuring the chart remains clean.

Settings

S&D Settings

• Zone Strength: Sets the lookback period for pivot detection. Higher values identify more significant, long-term zones.
• Zone Width (ATR Multiplier): Controls the height of the supply and demand boxes based on market volatility.
• Max Active Zones: Limits the number of historical zones displayed to maintain chart clarity.

Sniper Settings

• London Start/End (UTC): Defines the time window during which sniper triggers are allowed to activate.
• Enable EMA Filter: When active, the indicator only produces buy signals above the EMA and sell signals below it.
• EMA Period: The length used for the trend-following EMA filter.

Appearance

• Supply/Demand Zone Color: Customizes the visual colors for the POI boxes.
• Buy/Sell Entry Color: Customizes the colors for the main execution lines.
• Line Styles: Allows users to choose between Solid, Dashed, or Dotted styles for the main and 50% wick levels.

FAQ

How do I access Supply & Demand Sniper369?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Which timeframes are best for this tool?

While it functions on all timeframes, it is optimized for scalping and day trading on the 1m, 5m, and 15m charts, as well as swing trading on the 4H and Daily timeframes.

What causes a zone or line to disappear?

The script features dynamic cleanup. If the price closes past a zone or a sniper line, the script assumes the liquidity grab was a breakout rather than a reversal and automatically removes the object.