OPEN-SOURCE SCRIPT

SNIPER ORB

158
# 🎯 SNIPER ORB TRADING CHEAT SHEET
## Quick Reference Guide for Live Trading

---

## 📊 VISUAL IDENTIFICATION GUIDE

```
═══════════════════════════════════════════════════════════════════
YOUR CHART AT A GLANCE
═══════════════════════════════════════════════════════════════════

🔵 BRIGHT BLUE BOX (5min) → Fastest ORB, early warning signals
🔷 CYAN BOX (15min) → Mid-term institutional reference
🟣 PURPLE BOX (30min) → PRIMARY TRADING RANGE (your base)

🟢 GREEN DASHED LINES → Upside profit targets (long)
🔴 RED DASHED LINES → Downside profit targets (short)

🟡 GOLD LINE (VWAP) → Institutional fair value anchor

═══════════════════════════════════════════════════════════════════
```

---

## ⏰ 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 |

**💡 GOLDEN RULE**: Wait for 30min ORB to **complete** before taking breakout trades!

---

## 🎯 THE 5 HIGH-PROBABILITY SETUPS

### **SETUP #1: CLEAN BREAKOUT** ⭐⭐⭐⭐⭐
```
CONDITIONS:
✅ 30min ORB complete (10:00 AM for NY / 3:30 AM for London)
✅ Price breaks ABOVE purple high (bullish) or BELOW purple low (bearish)
✅ VWAP confirms direction:
• Long: VWAP below price
• Short: VWAP above price
✅ 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** ⭐⭐⭐⭐⭐
```
CONDITIONS:
✅ Price breaks purple high/low initially
✅ Fails to hold (wick reversal or immediate rejection)
✅ Re-enters 30min ORB zone
✅ VWAP acts as rejection point
✅ 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** ⭐⭐⭐⭐
```
CONDITIONS:
✅ All 3 ORBs tightly aligned (5min, 15min, 30min overlap)
✅ Range < 0.5% of price (very tight)
✅ VWAP sitting in middle of compression
✅ 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 → high volume shift = institutional play
```

---

### **SETUP #4: VWAP RETEST CONTINUATION** ⭐⭐⭐⭐
```
CONDITIONS:
✅ 30min ORB already broken (trend established)
✅ Price pulls back to VWAP
✅ VWAP acts as dynamic support/resistance
✅ 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** ⭐⭐⭐
```
CONDITIONS:
✅ Price stuck inside 30min ORB for 1+ hours post-formation
✅ Multiple failed attempts to break high or low
✅ VWAP in dead center (neutral)
✅ 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
```

---

## 🛡️ 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 $ ÷ (Stop Distance × $5 per point) = Contracts
```

### **The 3-Strike Rule**
```
✅ Strike 1: Full position size
❌ Stop hit → Strike 2: Half position size
❌ Stop hit → Strike 3: 1/4 position size
❌ Stop hit → 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
```

---

## ⚠️ DO NOT TRADE IF...

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

---

## 🔍 PRE-MARKET CHECKLIST

**Every Morning Before Trading:**

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

---

## 🎨 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
```

---

## 📈 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 |

**💡 PRO TIP**: Use 5min chart for entries, but watch 1min for precise timing!

---

## 🧠 PATTERN RECOGNITION QUICK GUIDE

### **Bullish ORB Patterns**
```
1. "Staircase" → Price respects each target as new support
2. "Rocket Launch" → Clean break through all targets no pullback
3. "VWAP Bounce" → Pullback to VWAP, then continuation higher
4. "Triple Compression" → All ORBs converge then explosive breakout
```

### **Bearish ORB Patterns**
```
1. "Waterfall" → Price cascades through all downside targets
2. "Failed High" → Breaks top, immediately reverses to bottom
3. "VWAP Rejection" → Hits VWAP from above, hard rejection down
4. "Slow Bleed" → Gradual drift lower, respecting each target
```

### **Neutral/Chop Patterns**
```
1. "Ping Pong" → Price bouncing between ORB high/low repeatedly
2. "Flat VWAP" → VWAP horizontal, price hugging it (no trade)
3. "Wide Range" → ORB > 300 points, too much uncertainty
4. "Gap Confusion" → Opens far outside all ORBs, wait for reset
```

---

## 📊 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)
```

---

## 🎯 INTEGRATION WITH YM ULTIMATE SNIPER v8.1

**The Perfect Confluence:**

```
STEP 1: SNIPER ORB identifies the STRUCTURE
→ 30min ORB defines "Zones That Matter"
→ VWAP shows institutional bias
→ Targets define profit zones

STEP 2: YM ULTIMATE SNIPER triggers the ENTRY
→ Wait for GOD MODE signal at ORB boundary
→ 6-gate system confirms institutional pressure
→ Score ≥9.0, fat body ≥70%, delta dominance ≥70%

STEP 3: Execute with PRECISION
→ ORB break + GOD MODE = highest probability
→ Enter only when BOTH systems align
→ This is TRUE "sniper" trading
```

---

## 💡 COMMON MISTAKES TO AVOID

```
❌ Entering BEFORE 30min ORB completes
✅ Wait until 10:00 AM (NY) or 3:30 AM (London)

❌ Ignoring VWAP position
✅ Always check: is VWAP confirming your directional bias?

❌ Chasing breakouts after 50+ point move
✅ Wait for pullback to VWAP or first target

❌ Trading during lunch (12-1 PM ET)
✅ Volume dies, false signals increase

❌ Using same target % in all conditions
✅ Adjust: 30-40% in chop, 50-75% in trends

❌ Forgetting to move stop to breakeven at Target 1
✅ NEVER give back a winning trade

❌ Overtrading on slow days
✅ Some days only have 1-2 clean setups, that's okay!

❌ Not respecting the 3-strike rule
✅ 3 losses = done, come back tomorrow
```

---

## 📱 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
```

---

## 🔔 ALERT CONFIGURATION

**Essential Alerts to Set:**

```
1. "30min ORB Complete"
→ Time-based: 10:00 AM ET (NY) / 3:30 AM ET (London)

2. "ORB Breakout Up"
→ Built-in: Price > 30min ORB high

3. "ORB Breakout Down"
→ Built-in: Price < 30min ORB low

4. "VWAP Touch"
→ Custom: Price crosses VWAP line

5. "Target 1 Hit"
→ Price level: First green/red target line
```

---

## 🎓 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:
□ _________________________________
□ _________________________________
□ _________________________________
```

---

## 🚀 QUICK START: YOUR FIRST TRADE

**5-Minute Walkthrough:**

```
1. ADD TO CHART (9:25 AM ET)
→ Load SNIPER ORB indicator
→ Select "New York" session
→ Set targets: 3 levels, 50%

2. WAIT (9:30-10:00 AM)
→ Watch 30min ORB form (purple box)
→ Note VWAP position
→ Identify if price trending or ranging

3. PREPARE (10:00 AM)
→ 30min ORB complete!
→ Measure range (info table shows points)
→ Set alerts for breakout

4. EXECUTE (10:00-11:30 AM)
→ Breakout signal fires
→ Check VWAP alignment
→ Check YM SNIPER confluence
→ Enter trade if 7+ confluence points

5. MANAGE
→ Target 1: Take 50%, move stop to BE
→ Target 2: Take 30%, trail stop
→ Target 3: Let remainder run

6. REPEAT
→ Maximum 3 trades per session
→ Stop after 3 losses
```

---

## 🏆 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"
```

---

## 📞 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

---

## 🎯 FINAL CHECKLIST BEFORE GOING LIVE

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

IF ALL CHECKED → YOU'RE READY TO SNIPE! 🎯
```

---

## 📚 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)

---

**💎 REMEMBER: Quality over quantity. Sniper precision over shotgun spray.**

**🎯 Good luck, and happy sniping! 🎯**

═══════════════════════════════════════════════════════════════════
END OF SNIPER ORB TRADING CHEAT SHEET
═══════════════════════════════════════════════════════════════════

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.