OPEN-SOURCE SCRIPT

SNIPER ORB

95
# ๐ŸŽฏ SNIPER ORB TRADING CHEAT SHEET
## Quick Reference Guide for Live Trading

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## ๐Ÿ“Š VISUAL IDENTIFICATION GUIDE

```
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YOUR CHART AT A GLANCE
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๐Ÿ”ต BRIGHT BLUE BOX (5min) โ†’ Fastest ORB, early warning signals
๐Ÿ”ท CYAN BOX (15min) โ†’ Mid-term institutional reference
๐ŸŸฃ PURPLE BOX (30min) โ†’ PRIMARY TRADING RANGE (your base)

๐ŸŸข GREEN DASHED LINES โ†’ Upside profit targets (long)
๐Ÿ”ด RED DASHED LINES โ†’ Downside profit targets (short)

๐ŸŸก GOLD LINE (VWAP) โ†’ Institutional fair value anchor

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```

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## โฐ 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 |

**๐Ÿ’ก GOLDEN RULE**: Wait for 30min ORB to **complete** before taking breakout trades!

---

## ๐ŸŽฏ THE 5 HIGH-PROBABILITY SETUPS

### **SETUP #1: CLEAN BREAKOUT** โญโญโญโญโญ
```
CONDITIONS:
โœ… 30min ORB complete (10:00 AM for NY / 3:30 AM for London)
โœ… Price breaks ABOVE purple high (bullish) or BELOW purple low (bearish)
โœ… VWAP confirms direction:
โ€ข Long: VWAP below price
โ€ข Short: VWAP above price
โœ… 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** โญโญโญโญโญ
```
CONDITIONS:
โœ… Price breaks purple high/low initially
โœ… Fails to hold (wick reversal or immediate rejection)
โœ… Re-enters 30min ORB zone
โœ… VWAP acts as rejection point
โœ… 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** โญโญโญโญ
```
CONDITIONS:
โœ… All 3 ORBs tightly aligned (5min, 15min, 30min overlap)
โœ… Range < 0.5% of price (very tight)
โœ… VWAP sitting in middle of compression
โœ… 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** โญโญโญโญ
```
CONDITIONS:
โœ… 30min ORB already broken (trend established)
โœ… Price pulls back to VWAP
โœ… VWAP acts as dynamic support/resistance
โœ… 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** โญโญโญ
```
CONDITIONS:
โœ… Price stuck inside 30min ORB for 1+ hours post-formation
โœ… Multiple failed attempts to break high or low
โœ… VWAP in dead center (neutral)
โœ… 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
```

---

## ๐Ÿ›ก๏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**
```
โœ… Strike 1: Full position size
โŒ Stop hit โ†’ Strike 2: Half position size
โŒ Stop hit โ†’ Strike 3: 1/4 position size
โŒ 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
```

---

## โš ๏ธ DO NOT TRADE IF...

```
๐Ÿšซ 30min ORB incomplete (wait until 10:00 AM NY / 3:30 AM London)
๐Ÿšซ ORB range < 30 points YM (too tight, likely fake breakout)
๐Ÿšซ ORB range > 300 points YM (too wide, unpredictable)
๐Ÿšซ Major news release within 30 minutes
๐Ÿšซ You've hit 3 losses in the session (walk away)
๐Ÿšซ Price whipsawing violently (wait for structure)
๐Ÿšซ You're tired, emotional, or distracted
```

---

## ๐Ÿ” PRE-MARKET CHECKLIST

**Every Morning Before Trading:**

```
โ–ก Check economic calendar (avoid high-impact news)
โ–ก Identify previous day's high/low (macro context)
โ–ก Note overnight price action (gap up/down?)
โ–ก Load SNIPER ORB on 1min or 5min chart
โ–ก Select active session (London or New York)
โ–ก Set TradingView alerts for ORB breakouts
โ–ก Prepare stop/target orders in advance
โ–ก Review yesterday's ORB ranges (context)
```

---

## ๐ŸŽจ 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
```

---

## ๐Ÿ“ˆ 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 |

**๐Ÿ’ก PRO TIP**: Use 5min chart for entries, but watch 1min for precise timing!

---

## ๐Ÿง  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
```

---

## ๐Ÿ“Š 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)
```

---

## ๐ŸŽฏ 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 โ‰ฅ9.0, fat body โ‰ฅ70%, delta dominance โ‰ฅ70%

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
```

---

## ๐Ÿ’ก COMMON MISTAKES TO AVOID

```
โŒ Entering BEFORE 30min ORB completes
โœ… Wait until 10:00 AM (NY) or 3:30 AM (London)

โŒ Ignoring VWAP position
โœ… Always check: is VWAP confirming your directional bias?

โŒ Chasing breakouts after 50+ point move
โœ… Wait for pullback to VWAP or first target

โŒ Trading during lunch (12-1 PM ET)
โœ… Volume dies, false signals increase

โŒ Using same target % in all conditions
โœ… Adjust: 30-40% in chop, 50-75% in trends

โŒ Forgetting to move stop to breakeven at Target 1
โœ… NEVER give back a winning trade

โŒ Overtrading on slow days
โœ… Some days only have 1-2 clean setups, that's okay!

โŒ Not respecting the 3-strike rule
โœ… 3 losses = done, come back tomorrow
```

---

## ๐Ÿ“ฑ 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
```

---

## ๐Ÿ”” 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
```

---

## ๐ŸŽ“ 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:
โ–ก _________________________________
โ–ก _________________________________
โ–ก _________________________________
```

---

## ๐Ÿš€ 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
```

---

## ๐Ÿ† 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"
```

---

## ๐Ÿ“ž 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

---

## ๐ŸŽฏ FINAL CHECKLIST BEFORE GOING LIVE

```
โ–ก Backtested on replay mode for 2+ weeks
โ–ก Understand all 5 setup types
โ–ก Risk management rules memorized
โ–ก YM Ultimate SNIPER v8.1 loaded on same chart
โ–ก TradingView alerts configured
โ–ก Stop/target calculator ready
โ–ก Trading journal template prepared
โ–ก Emotional state: calm and focused
โ–ก Sufficient account size (minimum $10k recommended)
โ–ก Broker platform tested and ready

IF ALL CHECKED โ†’ YOU'RE READY TO SNIPE! ๐ŸŽฏ
```

---

## ๐Ÿ“š 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)

---

**๐Ÿ’Ž REMEMBER: Quality over quantity. Sniper precision over shotgun spray.**

**๐ŸŽฏ Good luck, and happy sniping! ๐ŸŽฏ**

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END OF SNIPER ORB TRADING CHEAT SHEET
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