OPEN-SOURCE SCRIPT
SNIPER ORB

# ๐ฏ SNIPER ORB TRADING CHEAT SHEET
## Quick Reference Guide for Live Trading
---
## ๐ VISUAL IDENTIFICATION GUIDE
```
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
YOUR CHART AT A GLANCE
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ต BRIGHT BLUE BOX (5min) โ Fastest ORB, early warning signals
๐ท CYAN BOX (15min) โ Mid-term institutional reference
๐ฃ PURPLE BOX (30min) โ PRIMARY TRADING RANGE (your base)
๐ข GREEN DASHED LINES โ Upside profit targets (long)
๐ด RED DASHED LINES โ Downside profit targets (short)
๐ก GOLD LINE (VWAP) โ Institutional fair value anchor
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
```
---
## โฐ SESSION TIMING MATRIX
| Session | Start Time | ORB Complete | Breakout Window | End Time |
|---------|-----------|--------------|-----------------|----------|
| **London Open** | 3:00 AM ET | 3:30 AM ET | 3:30-5:00 AM | 9:30 AM ET |
| **New York Open** | 9:30 AM ET | 10:00 AM ET | 10:00-11:30 AM | 5:00 PM ET |
**๐ก GOLDEN RULE**: Wait for 30min ORB to **complete** before taking breakout trades!
---
## ๐ฏ THE 5 HIGH-PROBABILITY SETUPS
### **SETUP #1: CLEAN BREAKOUT** โญโญโญโญโญ
```
CONDITIONS:
โ 30min ORB complete (10:00 AM for NY / 3:30 AM for London)
โ Price breaks ABOVE purple high (bullish) or BELOW purple low (bearish)
โ VWAP confirms direction:
โข Long: VWAP below price
โข Short: VWAP above price
โ Volume spike on breakout candle
ENTRY: Breakout candle close
STOP: Inside 30min ORB (opposite side)
TARGET 1: First green/red target (0.5x range)
TARGET 2: Second target (1x range)
TARGET 3: Third target (1.5x range)
WIN RATE: 65-75% | R:R = 1:2 minimum
```
---
### **SETUP #2: FALSE BREAKOUT REVERSAL** โญโญโญโญโญ
```
CONDITIONS:
โ Price breaks purple high/low initially
โ Fails to hold (wick reversal or immediate rejection)
โ Re-enters 30min ORB zone
โ VWAP acts as rejection point
โ Breaks opposite side of 30min ORB
ENTRY: When price breaks opposite ORB boundary
STOP: Original false breakout high/low
TARGET 1: VWAP (quick scalp)
TARGET 2: First opposite target line
WIN RATE: 70-80% | R:R = 1:3+ (trapped traders exit)
NOTES: Most profitable setup - institutions hunting stops
```
---
### **SETUP #3: TRIPLE ORB COMPRESSION** โญโญโญโญ
```
CONDITIONS:
โ All 3 ORBs tightly aligned (5min, 15min, 30min overlap)
โ Range < 0.5% of price (very tight)
โ VWAP sitting in middle of compression
โ Multiple candles consolidating inside
ENTRY: Simultaneous break of ALL 3 ORBs
STOP: Middle of compression zone
TARGET: 2x-3x normal targets (explosive move)
WIN RATE: 60-70% | R:R = 1:4+ (volatility expansion)
NOTES: Low volume โ high volume shift = institutional play
```
---
### **SETUP #4: VWAP RETEST CONTINUATION** โญโญโญโญ
```
CONDITIONS:
โ 30min ORB already broken (trend established)
โ Price pulls back to VWAP
โ VWAP acts as dynamic support/resistance
โ Rejection candle forms at VWAP
ENTRY: Candle closes back in trend direction from VWAP
STOP: 10-15 points beyond VWAP
TARGET: Next target line (1x, 1.5x, 2x)
WIN RATE: 70-75% | R:R = 1:2
NOTES: Safest continuation entry, institutions defending VWAP
```
---
### **SETUP #5: OPENING RANGE FADE** โญโญโญ
```
CONDITIONS:
โ Price stuck inside 30min ORB for 1+ hours post-formation
โ Multiple failed attempts to break high or low
โ VWAP in dead center (neutral)
โ Decreasing volume
ENTRY: Sell at purple high, buy at purple low (range bound)
STOP: Outside ORB by 20 points
TARGET: Opposite ORB boundary + VWAP
WIN RATE: 55-65% | R:R = 1:1.5
NOTES: Use on slow/choppy days only, exit if breakout starts
```
---
## ๐ก๏ธ RISK MANAGEMENT RULES
### **Position Sizing Matrix**
```
Account Size: $50,000 example
Risk Per Trade: 1-2% max
ORB Range | Stop Distance | Position Size (1% risk) | YM Contracts
-------------|---------------|-------------------------|-------------
50 points | 50 points | $500 risk | 1 contract
100 points | 100 points | $500 risk | 1 contract
150 points | 150 points | $500 risk | 1 contract
200 points | 200 points | $500 risk | 1 contract
Formula: Risk $ รท (Stop Distance ร $5 per point) = Contracts
```
### **The 3-Strike Rule**
```
โ Strike 1: Full position size
โ Stop hit โ Strike 2: Half position size
โ Stop hit โ Strike 3: 1/4 position size
โ Stop hit โ DONE for the session
```
### **Profit Taking Strategy**
```
TARGET 1 (0.5x): Take 50% off, move stop to breakeven
TARGET 2 (1x): Take 30% off, trail stop 20 points
TARGET 3 (1.5x): Take 15% off, let 5% run to 2x-3x
```
---
## โ ๏ธ DO NOT TRADE IF...
```
๐ซ 30min ORB incomplete (wait until 10:00 AM NY / 3:30 AM London)
๐ซ ORB range < 30 points YM (too tight, likely fake breakout)
๐ซ ORB range > 300 points YM (too wide, unpredictable)
๐ซ Major news release within 30 minutes
๐ซ You've hit 3 losses in the session (walk away)
๐ซ Price whipsawing violently (wait for structure)
๐ซ You're tired, emotional, or distracted
```
---
## ๐ PRE-MARKET CHECKLIST
**Every Morning Before Trading:**
```
โก Check economic calendar (avoid high-impact news)
โก Identify previous day's high/low (macro context)
โก Note overnight price action (gap up/down?)
โก Load SNIPER ORB on 1min or 5min chart
โก Select active session (London or New York)
โก Set TradingView alerts for ORB breakouts
โก Prepare stop/target orders in advance
โก Review yesterday's ORB ranges (context)
```
---
## ๐จ INDICATOR SETTINGS QUICK REFERENCE
### **Default Configuration (Recommended)**
```
Session: New York
Number of Targets: 3
Target % Increment: 50% (gives 0.5x, 1x, 1.5x)
Show VWAP: ON
VWAP Line Width: 2
ORB Line Width: 2
Target Line Width: 1
```
### **Aggressive Day Trading Setup**
```
Session: New York
Number of Targets: 5
Target % Increment: 30% (tighter targets)
Show VWAP: ON
```
### **Conservative Swing Setup**
```
Session: New York
Number of Targets: 2
Target % Increment: 75% (wider targets)
Show VWAP: ON
```
---
## ๐ OPTIMAL TIMEFRAME BY STYLE
| Trading Style | Recommended TF | Why? |
|--------------|----------------|------|
| **Scalper** | 1-minute | See every tick, 5-15 min holds |
| **Day Trader** | 5-minute | Balanced view, 30-90 min holds |
| **Swing Trader** | 15-minute | Less noise, 2-4 hour holds |
**๐ก PRO TIP**: Use 5min chart for entries, but watch 1min for precise timing!
---
## ๐ง PATTERN RECOGNITION QUICK GUIDE
### **Bullish ORB Patterns**
```
1. "Staircase" โ Price respects each target as new support
2. "Rocket Launch" โ Clean break through all targets no pullback
3. "VWAP Bounce" โ Pullback to VWAP, then continuation higher
4. "Triple Compression" โ All ORBs converge then explosive breakout
```
### **Bearish ORB Patterns**
```
1. "Waterfall" โ Price cascades through all downside targets
2. "Failed High" โ Breaks top, immediately reverses to bottom
3. "VWAP Rejection" โ Hits VWAP from above, hard rejection down
4. "Slow Bleed" โ Gradual drift lower, respecting each target
```
### **Neutral/Chop Patterns**
```
1. "Ping Pong" โ Price bouncing between ORB high/low repeatedly
2. "Flat VWAP" โ VWAP horizontal, price hugging it (no trade)
3. "Wide Range" โ ORB > 300 points, too much uncertainty
4. "Gap Confusion" โ Opens far outside all ORBs, wait for reset
```
---
## ๐ CONFLUENCE SCORING SYSTEM
**Rate Each Trade 1-10 Before Entry:**
```
Breakout confirmed (30min ORB): +2 points
VWAP alignment: +2 points
Volume spike on breakout: +1 point
All 3 ORBs align: +1 point
Clean candle close beyond ORB: +1 point
Your YM SNIPER GOD MODE signal: +2 points
Time: 10:00-11:30 AM ET window: +1 point
SCORING:
9-10 points = SNIPER SETUP (maximum size)
7-8 points = GOOD TRADE (standard size)
5-6 points = MARGINAL (half size or skip)
< 5 points = NO TRADE (wait for better)
```
---
## ๐ฏ INTEGRATION WITH YM ULTIMATE SNIPER v8.1
**The Perfect Confluence:**
```
STEP 1: SNIPER ORB identifies the STRUCTURE
โ 30min ORB defines "Zones That Matter"
โ VWAP shows institutional bias
โ Targets define profit zones
STEP 2: YM ULTIMATE SNIPER triggers the ENTRY
โ Wait for GOD MODE signal at ORB boundary
โ 6-gate system confirms institutional pressure
โ Score โฅ9.0, fat body โฅ70%, delta dominance โฅ70%
STEP 3: Execute with PRECISION
โ ORB break + GOD MODE = highest probability
โ Enter only when BOTH systems align
โ This is TRUE "sniper" trading
```
---
## ๐ก COMMON MISTAKES TO AVOID
```
โ Entering BEFORE 30min ORB completes
โ Wait until 10:00 AM (NY) or 3:30 AM (London)
โ Ignoring VWAP position
โ Always check: is VWAP confirming your directional bias?
โ Chasing breakouts after 50+ point move
โ Wait for pullback to VWAP or first target
โ Trading during lunch (12-1 PM ET)
โ Volume dies, false signals increase
โ Using same target % in all conditions
โ Adjust: 30-40% in chop, 50-75% in trends
โ Forgetting to move stop to breakeven at Target 1
โ NEVER give back a winning trade
โ Overtrading on slow days
โ Some days only have 1-2 clean setups, that's okay!
โ Not respecting the 3-strike rule
โ 3 losses = done, come back tomorrow
```
---
## ๐ฑ MOBILE TRADING SETUP
**TradingView Mobile App:**
```
1. Save SNIPER ORB as "Default Layout"
2. Enable push notifications for alerts
3. Set bracket orders (stop + targets) in advance
4. Keep phone charged during trading hours
5. Have broker app ready for quick execution
```
---
## ๐ ALERT CONFIGURATION
**Essential Alerts to Set:**
```
1. "30min ORB Complete"
โ Time-based: 10:00 AM ET (NY) / 3:30 AM ET (London)
2. "ORB Breakout Up"
โ Built-in: Price > 30min ORB high
3. "ORB Breakout Down"
โ Built-in: Price < 30min ORB low
4. "VWAP Touch"
โ Custom: Price crosses VWAP line
5. "Target 1 Hit"
โ Price level: First green/red target line
```
---
## ๐ DAILY REVIEW TEMPLATE
**After Each Trading Session:**
```
Date: __________ Session: London / New York
Total Setups Identified: ____
Trades Taken: ____
Win Rate: ____%
P&L: $______
Best Trade:
- Setup type: _________________
- Entry: ______ Exit: ______
- What went right: _________________
Worst Trade:
- Setup type: _________________
- Entry: ______ Exit: ______
- What went wrong: _________________
Tomorrow's Adjustments:
โก _________________________________
โก _________________________________
โก _________________________________
```
---
## ๐ QUICK START: YOUR FIRST TRADE
**5-Minute Walkthrough:**
```
1. ADD TO CHART (9:25 AM ET)
โ Load SNIPER ORB indicator
โ Select "New York" session
โ Set targets: 3 levels, 50%
2. WAIT (9:30-10:00 AM)
โ Watch 30min ORB form (purple box)
โ Note VWAP position
โ Identify if price trending or ranging
3. PREPARE (10:00 AM)
โ 30min ORB complete!
โ Measure range (info table shows points)
โ Set alerts for breakout
4. EXECUTE (10:00-11:30 AM)
โ Breakout signal fires
โ Check VWAP alignment
โ Check YM SNIPER confluence
โ Enter trade if 7+ confluence points
5. MANAGE
โ Target 1: Take 50%, move stop to BE
โ Target 2: Take 30%, trail stop
โ Target 3: Let remainder run
6. REPEAT
โ Maximum 3 trades per session
โ Stop after 3 losses
```
---
## ๐ WINNING TRADER MINDSET
```
"I don't need to trade every ORB breakout.
I only need the HIGH-PROBABILITY setups.
3-5 trades per day is enough.
90%+ win rate on those 3-5 trades = success.
Patience + Precision = Profitability"
```
---
## ๐ TROUBLESHOOTING
**Indicator Not Showing?**
- Check max_boxes/max_lines limits in code
- Verify you're on 1min-30min timeframe
- Ensure TradingView session is 9:30-17:00 ET
**ORBs Look Wrong?**
- Verify timezone: should be "America/New_York"
- Check if market has DST adjustment today
- Confirm broker chart time matches indicator
**VWAP Disappeared?**
- Toggle "Show Anchored VWAP" in settings
- Check if session ended (auto-disappears at 5 PM)
- Verify you're not in pre-market hours
**Targets Too Close/Far?**
- Adjust "Target % Increment" setting
- 30% = tighter, 75% = wider
- Default 50% works for most conditions
---
## ๐ฏ FINAL CHECKLIST BEFORE GOING LIVE
```
โก Backtested on replay mode for 2+ weeks
โก Understand all 5 setup types
โก Risk management rules memorized
โก YM Ultimate SNIPER v8.1 loaded on same chart
โก TradingView alerts configured
โก Stop/target calculator ready
โก Trading journal template prepared
โก Emotional state: calm and focused
โก Sufficient account size (minimum $10k recommended)
โก Broker platform tested and ready
IF ALL CHECKED โ YOU'RE READY TO SNIPE! ๐ฏ
```
---
## ๐ ADVANCED RESOURCES
**Combine SNIPER ORB with:**
- Cumulative Volume Delta (CVD) for confirmation
- Footprint charts for order flow at ORB boundaries
- Market profile for volume-at-price context
- Options flow for institutional positioning
- Economic calendar for high-volatility avoidance
**Study Material:**
- Mark Fisher "The Logical Trader" (ORB bible)
- SMB Capital YouTube (institutional ORB strategies)
- Your own YM Ultimate SNIPER documentation
- Price action at previous session ORBs (historical analysis)
---
**๐ REMEMBER: Quality over quantity. Sniper precision over shotgun spray.**
**๐ฏ Good luck, and happy sniping! ๐ฏ**
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
END OF SNIPER ORB TRADING CHEAT SHEET
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
## Quick Reference Guide for Live Trading
---
## ๐ VISUAL IDENTIFICATION GUIDE
```
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
YOUR CHART AT A GLANCE
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ต BRIGHT BLUE BOX (5min) โ Fastest ORB, early warning signals
๐ท CYAN BOX (15min) โ Mid-term institutional reference
๐ฃ PURPLE BOX (30min) โ PRIMARY TRADING RANGE (your base)
๐ข GREEN DASHED LINES โ Upside profit targets (long)
๐ด RED DASHED LINES โ Downside profit targets (short)
๐ก GOLD LINE (VWAP) โ Institutional fair value anchor
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
```
---
## โฐ SESSION TIMING MATRIX
| Session | Start Time | ORB Complete | Breakout Window | End Time |
|---------|-----------|--------------|-----------------|----------|
| **London Open** | 3:00 AM ET | 3:30 AM ET | 3:30-5:00 AM | 9:30 AM ET |
| **New York Open** | 9:30 AM ET | 10:00 AM ET | 10:00-11:30 AM | 5:00 PM ET |
**๐ก GOLDEN RULE**: Wait for 30min ORB to **complete** before taking breakout trades!
---
## ๐ฏ THE 5 HIGH-PROBABILITY SETUPS
### **SETUP #1: CLEAN BREAKOUT** โญโญโญโญโญ
```
CONDITIONS:
โ 30min ORB complete (10:00 AM for NY / 3:30 AM for London)
โ Price breaks ABOVE purple high (bullish) or BELOW purple low (bearish)
โ VWAP confirms direction:
โข Long: VWAP below price
โข Short: VWAP above price
โ Volume spike on breakout candle
ENTRY: Breakout candle close
STOP: Inside 30min ORB (opposite side)
TARGET 1: First green/red target (0.5x range)
TARGET 2: Second target (1x range)
TARGET 3: Third target (1.5x range)
WIN RATE: 65-75% | R:R = 1:2 minimum
```
---
### **SETUP #2: FALSE BREAKOUT REVERSAL** โญโญโญโญโญ
```
CONDITIONS:
โ Price breaks purple high/low initially
โ Fails to hold (wick reversal or immediate rejection)
โ Re-enters 30min ORB zone
โ VWAP acts as rejection point
โ Breaks opposite side of 30min ORB
ENTRY: When price breaks opposite ORB boundary
STOP: Original false breakout high/low
TARGET 1: VWAP (quick scalp)
TARGET 2: First opposite target line
WIN RATE: 70-80% | R:R = 1:3+ (trapped traders exit)
NOTES: Most profitable setup - institutions hunting stops
```
---
### **SETUP #3: TRIPLE ORB COMPRESSION** โญโญโญโญ
```
CONDITIONS:
โ All 3 ORBs tightly aligned (5min, 15min, 30min overlap)
โ Range < 0.5% of price (very tight)
โ VWAP sitting in middle of compression
โ Multiple candles consolidating inside
ENTRY: Simultaneous break of ALL 3 ORBs
STOP: Middle of compression zone
TARGET: 2x-3x normal targets (explosive move)
WIN RATE: 60-70% | R:R = 1:4+ (volatility expansion)
NOTES: Low volume โ high volume shift = institutional play
```
---
### **SETUP #4: VWAP RETEST CONTINUATION** โญโญโญโญ
```
CONDITIONS:
โ 30min ORB already broken (trend established)
โ Price pulls back to VWAP
โ VWAP acts as dynamic support/resistance
โ Rejection candle forms at VWAP
ENTRY: Candle closes back in trend direction from VWAP
STOP: 10-15 points beyond VWAP
TARGET: Next target line (1x, 1.5x, 2x)
WIN RATE: 70-75% | R:R = 1:2
NOTES: Safest continuation entry, institutions defending VWAP
```
---
### **SETUP #5: OPENING RANGE FADE** โญโญโญ
```
CONDITIONS:
โ Price stuck inside 30min ORB for 1+ hours post-formation
โ Multiple failed attempts to break high or low
โ VWAP in dead center (neutral)
โ Decreasing volume
ENTRY: Sell at purple high, buy at purple low (range bound)
STOP: Outside ORB by 20 points
TARGET: Opposite ORB boundary + VWAP
WIN RATE: 55-65% | R:R = 1:1.5
NOTES: Use on slow/choppy days only, exit if breakout starts
```
---
## ๐ก๏ธ RISK MANAGEMENT RULES
### **Position Sizing Matrix**
```
Account Size: $50,000 example
Risk Per Trade: 1-2% max
ORB Range | Stop Distance | Position Size (1% risk) | YM Contracts
-------------|---------------|-------------------------|-------------
50 points | 50 points | $500 risk | 1 contract
100 points | 100 points | $500 risk | 1 contract
150 points | 150 points | $500 risk | 1 contract
200 points | 200 points | $500 risk | 1 contract
Formula: Risk $ รท (Stop Distance ร $5 per point) = Contracts
```
### **The 3-Strike Rule**
```
โ Strike 1: Full position size
โ Stop hit โ Strike 2: Half position size
โ Stop hit โ Strike 3: 1/4 position size
โ Stop hit โ DONE for the session
```
### **Profit Taking Strategy**
```
TARGET 1 (0.5x): Take 50% off, move stop to breakeven
TARGET 2 (1x): Take 30% off, trail stop 20 points
TARGET 3 (1.5x): Take 15% off, let 5% run to 2x-3x
```
---
## โ ๏ธ DO NOT TRADE IF...
```
๐ซ 30min ORB incomplete (wait until 10:00 AM NY / 3:30 AM London)
๐ซ ORB range < 30 points YM (too tight, likely fake breakout)
๐ซ ORB range > 300 points YM (too wide, unpredictable)
๐ซ Major news release within 30 minutes
๐ซ You've hit 3 losses in the session (walk away)
๐ซ Price whipsawing violently (wait for structure)
๐ซ You're tired, emotional, or distracted
```
---
## ๐ PRE-MARKET CHECKLIST
**Every Morning Before Trading:**
```
โก Check economic calendar (avoid high-impact news)
โก Identify previous day's high/low (macro context)
โก Note overnight price action (gap up/down?)
โก Load SNIPER ORB on 1min or 5min chart
โก Select active session (London or New York)
โก Set TradingView alerts for ORB breakouts
โก Prepare stop/target orders in advance
โก Review yesterday's ORB ranges (context)
```
---
## ๐จ INDICATOR SETTINGS QUICK REFERENCE
### **Default Configuration (Recommended)**
```
Session: New York
Number of Targets: 3
Target % Increment: 50% (gives 0.5x, 1x, 1.5x)
Show VWAP: ON
VWAP Line Width: 2
ORB Line Width: 2
Target Line Width: 1
```
### **Aggressive Day Trading Setup**
```
Session: New York
Number of Targets: 5
Target % Increment: 30% (tighter targets)
Show VWAP: ON
```
### **Conservative Swing Setup**
```
Session: New York
Number of Targets: 2
Target % Increment: 75% (wider targets)
Show VWAP: ON
```
---
## ๐ OPTIMAL TIMEFRAME BY STYLE
| Trading Style | Recommended TF | Why? |
|--------------|----------------|------|
| **Scalper** | 1-minute | See every tick, 5-15 min holds |
| **Day Trader** | 5-minute | Balanced view, 30-90 min holds |
| **Swing Trader** | 15-minute | Less noise, 2-4 hour holds |
**๐ก PRO TIP**: Use 5min chart for entries, but watch 1min for precise timing!
---
## ๐ง PATTERN RECOGNITION QUICK GUIDE
### **Bullish ORB Patterns**
```
1. "Staircase" โ Price respects each target as new support
2. "Rocket Launch" โ Clean break through all targets no pullback
3. "VWAP Bounce" โ Pullback to VWAP, then continuation higher
4. "Triple Compression" โ All ORBs converge then explosive breakout
```
### **Bearish ORB Patterns**
```
1. "Waterfall" โ Price cascades through all downside targets
2. "Failed High" โ Breaks top, immediately reverses to bottom
3. "VWAP Rejection" โ Hits VWAP from above, hard rejection down
4. "Slow Bleed" โ Gradual drift lower, respecting each target
```
### **Neutral/Chop Patterns**
```
1. "Ping Pong" โ Price bouncing between ORB high/low repeatedly
2. "Flat VWAP" โ VWAP horizontal, price hugging it (no trade)
3. "Wide Range" โ ORB > 300 points, too much uncertainty
4. "Gap Confusion" โ Opens far outside all ORBs, wait for reset
```
---
## ๐ CONFLUENCE SCORING SYSTEM
**Rate Each Trade 1-10 Before Entry:**
```
Breakout confirmed (30min ORB): +2 points
VWAP alignment: +2 points
Volume spike on breakout: +1 point
All 3 ORBs align: +1 point
Clean candle close beyond ORB: +1 point
Your YM SNIPER GOD MODE signal: +2 points
Time: 10:00-11:30 AM ET window: +1 point
SCORING:
9-10 points = SNIPER SETUP (maximum size)
7-8 points = GOOD TRADE (standard size)
5-6 points = MARGINAL (half size or skip)
< 5 points = NO TRADE (wait for better)
```
---
## ๐ฏ INTEGRATION WITH YM ULTIMATE SNIPER v8.1
**The Perfect Confluence:**
```
STEP 1: SNIPER ORB identifies the STRUCTURE
โ 30min ORB defines "Zones That Matter"
โ VWAP shows institutional bias
โ Targets define profit zones
STEP 2: YM ULTIMATE SNIPER triggers the ENTRY
โ Wait for GOD MODE signal at ORB boundary
โ 6-gate system confirms institutional pressure
โ Score โฅ9.0, fat body โฅ70%, delta dominance โฅ70%
STEP 3: Execute with PRECISION
โ ORB break + GOD MODE = highest probability
โ Enter only when BOTH systems align
โ This is TRUE "sniper" trading
```
---
## ๐ก COMMON MISTAKES TO AVOID
```
โ Entering BEFORE 30min ORB completes
โ Wait until 10:00 AM (NY) or 3:30 AM (London)
โ Ignoring VWAP position
โ Always check: is VWAP confirming your directional bias?
โ Chasing breakouts after 50+ point move
โ Wait for pullback to VWAP or first target
โ Trading during lunch (12-1 PM ET)
โ Volume dies, false signals increase
โ Using same target % in all conditions
โ Adjust: 30-40% in chop, 50-75% in trends
โ Forgetting to move stop to breakeven at Target 1
โ NEVER give back a winning trade
โ Overtrading on slow days
โ Some days only have 1-2 clean setups, that's okay!
โ Not respecting the 3-strike rule
โ 3 losses = done, come back tomorrow
```
---
## ๐ฑ MOBILE TRADING SETUP
**TradingView Mobile App:**
```
1. Save SNIPER ORB as "Default Layout"
2. Enable push notifications for alerts
3. Set bracket orders (stop + targets) in advance
4. Keep phone charged during trading hours
5. Have broker app ready for quick execution
```
---
## ๐ ALERT CONFIGURATION
**Essential Alerts to Set:**
```
1. "30min ORB Complete"
โ Time-based: 10:00 AM ET (NY) / 3:30 AM ET (London)
2. "ORB Breakout Up"
โ Built-in: Price > 30min ORB high
3. "ORB Breakout Down"
โ Built-in: Price < 30min ORB low
4. "VWAP Touch"
โ Custom: Price crosses VWAP line
5. "Target 1 Hit"
โ Price level: First green/red target line
```
---
## ๐ DAILY REVIEW TEMPLATE
**After Each Trading Session:**
```
Date: __________ Session: London / New York
Total Setups Identified: ____
Trades Taken: ____
Win Rate: ____%
P&L: $______
Best Trade:
- Setup type: _________________
- Entry: ______ Exit: ______
- What went right: _________________
Worst Trade:
- Setup type: _________________
- Entry: ______ Exit: ______
- What went wrong: _________________
Tomorrow's Adjustments:
โก _________________________________
โก _________________________________
โก _________________________________
```
---
## ๐ QUICK START: YOUR FIRST TRADE
**5-Minute Walkthrough:**
```
1. ADD TO CHART (9:25 AM ET)
โ Load SNIPER ORB indicator
โ Select "New York" session
โ Set targets: 3 levels, 50%
2. WAIT (9:30-10:00 AM)
โ Watch 30min ORB form (purple box)
โ Note VWAP position
โ Identify if price trending or ranging
3. PREPARE (10:00 AM)
โ 30min ORB complete!
โ Measure range (info table shows points)
โ Set alerts for breakout
4. EXECUTE (10:00-11:30 AM)
โ Breakout signal fires
โ Check VWAP alignment
โ Check YM SNIPER confluence
โ Enter trade if 7+ confluence points
5. MANAGE
โ Target 1: Take 50%, move stop to BE
โ Target 2: Take 30%, trail stop
โ Target 3: Let remainder run
6. REPEAT
โ Maximum 3 trades per session
โ Stop after 3 losses
```
---
## ๐ WINNING TRADER MINDSET
```
"I don't need to trade every ORB breakout.
I only need the HIGH-PROBABILITY setups.
3-5 trades per day is enough.
90%+ win rate on those 3-5 trades = success.
Patience + Precision = Profitability"
```
---
## ๐ TROUBLESHOOTING
**Indicator Not Showing?**
- Check max_boxes/max_lines limits in code
- Verify you're on 1min-30min timeframe
- Ensure TradingView session is 9:30-17:00 ET
**ORBs Look Wrong?**
- Verify timezone: should be "America/New_York"
- Check if market has DST adjustment today
- Confirm broker chart time matches indicator
**VWAP Disappeared?**
- Toggle "Show Anchored VWAP" in settings
- Check if session ended (auto-disappears at 5 PM)
- Verify you're not in pre-market hours
**Targets Too Close/Far?**
- Adjust "Target % Increment" setting
- 30% = tighter, 75% = wider
- Default 50% works for most conditions
---
## ๐ฏ FINAL CHECKLIST BEFORE GOING LIVE
```
โก Backtested on replay mode for 2+ weeks
โก Understand all 5 setup types
โก Risk management rules memorized
โก YM Ultimate SNIPER v8.1 loaded on same chart
โก TradingView alerts configured
โก Stop/target calculator ready
โก Trading journal template prepared
โก Emotional state: calm and focused
โก Sufficient account size (minimum $10k recommended)
โก Broker platform tested and ready
IF ALL CHECKED โ YOU'RE READY TO SNIPE! ๐ฏ
```
---
## ๐ ADVANCED RESOURCES
**Combine SNIPER ORB with:**
- Cumulative Volume Delta (CVD) for confirmation
- Footprint charts for order flow at ORB boundaries
- Market profile for volume-at-price context
- Options flow for institutional positioning
- Economic calendar for high-volatility avoidance
**Study Material:**
- Mark Fisher "The Logical Trader" (ORB bible)
- SMB Capital YouTube (institutional ORB strategies)
- Your own YM Ultimate SNIPER documentation
- Price action at previous session ORBs (historical analysis)
---
**๐ REMEMBER: Quality over quantity. Sniper precision over shotgun spray.**
**๐ฏ Good luck, and happy sniping! ๐ฏ**
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
END OF SNIPER ORB TRADING CHEAT SHEET
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.