OPEN-SOURCE SCRIPT
SPY Sniper Levels [Day Trader]

Here is a professional, concise description you can copy and paste directly into the TradingView publication description box. I’ve written it to appeal to other serious price action traders.
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**Title:** SPY Sniper Levels [Automated Intraday S/R]
**Description:**
Designed for high-speed day trading on **SPY** and major indices. This lightweight script eliminates the need for manual morning prep by automatically plotting the four critical liquidity zones that institutional algorithms target every session.
**Features:**
* **PDH / PDL (Solid Lines):** Previous Day High & Low. These are the major "walls" for the session.
* **PMH / PML (Dotted Circles):** Pre-Market High & Low. These levels automatically track during the pre-market session (04:00–09:30 EST) and **lock** the moment the market opens. This creates a static reference for Opening Range Breakouts (ORB).
**How to Trade This Setup:**
1. **The Breakout:** Look for high-volume candles closing outside the PMH/PML in the first 30 minutes.
2. **The Fade:** Watch for "traps" (long wicks) at the PDH/PDL to fade the price back toward VWAP.
3. **The Trend:** If price holds above the PDH, look for a trend day. If it fails to break the PML, look for a chop day.
**Best Settings:**
* Optimized for **1m, 2m, and 5m** timeframes.
* Works best on Dark Mode charts.
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googleusercontent.com/image_generation_content/0
***
**Title:** SPY Sniper Levels [Automated Intraday S/R]
**Description:**
Designed for high-speed day trading on **SPY** and major indices. This lightweight script eliminates the need for manual morning prep by automatically plotting the four critical liquidity zones that institutional algorithms target every session.
**Features:**
* **PDH / PDL (Solid Lines):** Previous Day High & Low. These are the major "walls" for the session.
* **PMH / PML (Dotted Circles):** Pre-Market High & Low. These levels automatically track during the pre-market session (04:00–09:30 EST) and **lock** the moment the market opens. This creates a static reference for Opening Range Breakouts (ORB).
**How to Trade This Setup:**
1. **The Breakout:** Look for high-volume candles closing outside the PMH/PML in the first 30 minutes.
2. **The Fade:** Watch for "traps" (long wicks) at the PDH/PDL to fade the price back toward VWAP.
3. **The Trend:** If price holds above the PDH, look for a trend day. If it fails to break the PML, look for a chop day.
**Best Settings:**
* Optimized for **1m, 2m, and 5m** timeframes.
* Works best on Dark Mode charts.
***
googleusercontent.com/image_generation_content/0
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.