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One-shot-one-kill

By LuxAlgoMay 12, 2026

One-shot-one-kill is an indicator on Vela, our next-generation charting platform, written in Pine Script®.

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One-shot-one-kill
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One-shot-one-kill runs the One Shot One Kill weekly template as a state machine: one weekly idea, one entry, then stand down. Each week frames a bias (toward the nearest untaken old weekly extreme, or manually) and marks the liquidity opposite it: the prior week's extreme plus completed session extremes.

How to Trade the One-shot-one-kill?

  • Stage 1 — Raid: price runs a marked pool and closes back inside; the excursion extreme becomes the candidate weekly low or high.
  • Stage 2 — MSS / OTE armed: displacement (a body of at least 1.5x ATR) and a close through the opposing swing draw the leg's 62-79% retracement band (narrowed by the leg's fair value gap, else its order block), the stop beyond the raid extreme, and the target at the weekly draw.
  • Stage 3 — Entry: the first tag of the zone inside a killzone fires the week's single shot.
  • Stand down: Target Hit, Stopped Out, or Missed ends the campaign until next week.

Every stage is alertable; a discipline panel tracks the live frame, and the model requires a chart of 60 minutes or lower.

One-shot-one-kill Settings

  • Weekly Bias (default Auto (nearest weekly draw)): or impose a manual read.
  • Liquidity pools: Prior Week High/Low plus Asia (2000-0000), London (0200-0800), and NY (0700-1300) extremes, all on by default.
  • Close-Back Window (Bars) (default 3): bars to close back inside for a failed raid; 0 demands wick-only sweeps.
  • Hunt days: Mon/Tue/Wed on, Thu/Fri off by default.
  • Raid & Entry Inside Killzones (default on): London 0200-0500, New York AM 0700-1000.
  • Structure Swing Length (5), Displacement Body (x ATR) (1.5), ATR Length (14), Raid to MSS Expiry (Bars) (60).
  • OTE Zone From / To (Retracement) (defaults 0.62 / 0.79) and Entry Zone (default OTE refined by FVG/OB).
  • Display toggles cover the draw, zones, levels, panel, labels, killzone shading, and week separators.

Frequently Asked Questions

Free to use

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Original indicatorBuilt in-house by LuxAlgo

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