Sniper Swing — Short TF (Clean Signals) [v6]

📘 How to Use the Sniper Swing Indicator
1. What It Does

It looks for short-term swing breaks in price.

It uses an oscillator (RSI/Stoch) and swing pivots to confirm moves.

It gives you 3 clear signals only:

BUY → Enter long (expecting price to go up).

Gay bear → Enter short (expecting price to go down).

EXIT → Close your trade (long or short).

Candles also change color:

Green = in a BUY trade.

Red = in a Gay bear trade.

Neutral (gray/none) = no trade.

2. When to Use

Works best on short timeframes (1m–5m) for scalping/intraday.

Use on liquid markets (MES/ES, NQ, SPY, BTC, ETH).

Avoid dead hours with no volume (like overnight futures lull or midday chop).

3. How to Trade With It
A. BUY trade

Wait for a BUY triangle below the candle.

Confirm:

Candle turned green.

Price broke a recent swing high.

Oscillator shows strength (indicator does this for you).

Enter long at the close of that candle.

Place your stop-loss:

At the yellow stop line (auto trailing stop), or

Just below the last swing low.

Stay in while candles are green.

Exit when:

An orange X appears, or

Price hits your stop.

B. Gay bear (short) trade

Wait for a Gay bear triangle above the candle.

Confirm:

Candle turned red.

Price broke a recent swing low.

Oscillator shows weakness.

Enter short at the close of that candle.

Place stop-loss:

At the yellow stop line, or

Just above the last swing high.

Stay in while candles are red.

Exit on an orange X or stop hit.

4. Pro Tips for New Traders

Only take one signal at a time → don’t double dip.

Quality > Quantity: ignore weak, sideways markets. Best signals happen during trends.

Start small: trade micros (MES) or small position sizes.

Use alerts: set TradingView alerts for BUY/Gay bear/EXIT so you don’t miss setups.

Think of the indicator like a navigator: it tells you the likely path, but you’re the driver → always manage risk.

5. Quick Mental Checklist

Signal? (BUY or Gay bear triangle)

Confirmed? (candle color + swing break)

Enter? (on close)

Stop? (yellow line or swing)

Exit? (orange X or stop)