OPEN-SOURCE SCRIPT
SMC Sniper(ETH/30m/fee 0.044%)
# SMC Sniper Strategy (ETH/30m) Institutional Smart Money Concepts & Risk-Managed DCA
This strategy is designed to capture high-probability reversals on Ethereum (ETHUSDT) using Institutional Order Blocks and Smart Money Concepts (SMC). Unlike simple indicator-based strategies, this script identifies structural liquidity points where price is likely to react.
It has been optimized for the 30-minute timeframe with a focus on "Long-Only" setups to align with the long-term bullish nature of crypto assets.
🚀 Key Features
Smart Order Blocks: Automatically draws and trades based on Bullish/Bearish Order Blocks (OB).
Volatility Filter: Integrated VIX, USDT.D, and MOVE Index filters (optional) to avoid trading during Black Swan events or extreme market crashes.
Smart Leverage: Dynamically adjusts position sizing based on RSI and EMA trends (Trend Following).
Panic Protection: Includes a "Circuit Breaker" to pause DCA buying when volatility exceeds safe thresholds.
⚙️ Optimized Settings (Default)
Pair: ETHUSDT (Perpetual Futures)
Timeframe: 30 Minutes
Direction: Long Only (Recommended for stability)
Base Entry: 13% of Equity
DCA Multiplier: 1.8x (Martingale Logic Applied)
Commission Setting: 0.044% (Bybit/Binance Standard)
⚠️ Risk Warning & Disclaimer
This strategy utilizes Dollar Cost Averaging (DCA). While DCA can significantly increase the win rate (currently backtested at ~74%), it carries the risk of drawdown during prolonged trends against your position.
Leverage: Do NOT use high leverage. I recommend 1x to 3x Max.
Management: Always monitor the "Black Swan" filters.
Liability: This script is for educational purposes. Past performance does not guarantee future results. Use at your own risk.
📈 Future Updates
I am currently developing a "Pro Version" (No-Martingale, Fixed Risk) with a tighter risk-reward ratio. Follow me to get notified when the Pro version is released!
This strategy is designed to capture high-probability reversals on Ethereum (ETHUSDT) using Institutional Order Blocks and Smart Money Concepts (SMC). Unlike simple indicator-based strategies, this script identifies structural liquidity points where price is likely to react.
It has been optimized for the 30-minute timeframe with a focus on "Long-Only" setups to align with the long-term bullish nature of crypto assets.
🚀 Key Features
Smart Order Blocks: Automatically draws and trades based on Bullish/Bearish Order Blocks (OB).
Volatility Filter: Integrated VIX, USDT.D, and MOVE Index filters (optional) to avoid trading during Black Swan events or extreme market crashes.
Smart Leverage: Dynamically adjusts position sizing based on RSI and EMA trends (Trend Following).
Panic Protection: Includes a "Circuit Breaker" to pause DCA buying when volatility exceeds safe thresholds.
⚙️ Optimized Settings (Default)
Pair: ETHUSDT (Perpetual Futures)
Timeframe: 30 Minutes
Direction: Long Only (Recommended for stability)
Base Entry: 13% of Equity
DCA Multiplier: 1.8x (Martingale Logic Applied)
Commission Setting: 0.044% (Bybit/Binance Standard)
⚠️ Risk Warning & Disclaimer
This strategy utilizes Dollar Cost Averaging (DCA). While DCA can significantly increase the win rate (currently backtested at ~74%), it carries the risk of drawdown during prolonged trends against your position.
Leverage: Do NOT use high leverage. I recommend 1x to 3x Max.
Management: Always monitor the "Black Swan" filters.
Liability: This script is for educational purposes. Past performance does not guarantee future results. Use at your own risk.
📈 Future Updates
I am currently developing a "Pro Version" (No-Martingale, Fixed Risk) with a tighter risk-reward ratio. Follow me to get notified when the Pro version is released!
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.