The Scalping Sniper - Screener is a Pine Script-based indicator designed for TradingView to assist traders in identifying high-probability trading opportunities across multiple assets. It integrates a modified SuperIchimoku strategy with a live market stock screener to track price movements, generate buy/sell signals, and display top gainers and losers in real-time. Below is a detailed explanation of the indicator, its features, and how to effectively pitch it for sale.

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What is the Scalping Sniper - Screener?

The Scalping Sniper - Screener is a versatile trading tool tailored for scalpers and day traders who need quick insights into market trends and trading signals across a portfolio of up to 40 assets. It combines the SuperIchimoku indicator (a modified version of the Ichimoku Cloud) with a dynamic screener that ranks assets based on their price performance (Rate of Change, or ROC) and displays actionable buy/sell signals. The indicator also incorporates Fair Value Gap (FVG) signals and Donchian Channels with ATR adjustments to identify trend reversals and momentum.

Key purposes:

• Real-time market scanning: Tracks 40 user-defined assets (stocks, forex, crypto, indices) for price performance and trading signals.
• Signal generation: Provides buy/sell signals based on SuperIchimoku crossovers and FVG conditions.
• Trend visualization: Highlights trending markets with bar coloring and Donchian-based trend detection.
• Customizable display: Shows top gainers/losers and recent signals in a table format for quick decision-making.

Key Features

1. SuperIchimoku Signals:
   • Customizable Tenkan and Kijun Lines: Uses user-defined lengths (default: 9 for Tenkan, 26 for Kijun) and multipliers (default: 2.0 for Tenkan, 5.0 for Kijun) to calculate dynamic support/resistance levels.
   • Buy/Sell Signals: Generates signals when the Tenkan line crosses above (buy) or below (sell) the Kijun line, plotted as labels on the chart.
   • Visual Fill: Displays a colored fill between Tenkan and Kijun lines (green for bullish, red for bearish) to indicate trend direction.
   • Alert Conditions: Configurable alerts for buy/sell signals on the primary symbol, enabling automated notifications.
2. Live Market Screener:
   • Tracks 40 Assets: Monitors a predefined list of symbols (e.g., XAUUSD, BTCUSDT, NIFTY, BANKNIFTY, and Indian stocks like RELIANCE, TCS).
   • Rate of Change (ROC): Calculates price performance relative to either the previous day's close or today's open (user-selectable).
   • Top Gainers/Losers Table: Displays assets in a table with columns for gainers, losers, and their respective ROC values. Optionally shows the last buy/sell signal for each asset.
   • Advances/Declines Counter: Summarizes the number of assets with positive (advances) or negative (declines) ROC, with customizable background transparency.
3. Fair Value Gap (FVG) Signals:
   • Reversal Detection: Identifies bullish and bearish FVGs based on price gaps between candles, filtered by a minimum width (0.3 * ATR).
   • Non-Repainting Logic: Ensures signals are confirmed and locked after a minimum bar distance (3 bars) to avoid false positives.
   • Visual Labels: Plots large, colorful labels (teal for bullish, red for bearish) to highlight reversal opportunities.
4. Donchian Channels with ATR Adjustment:
   • Trend Identification: Uses Donchian Channels (default: 30 periods, weekly: 120 periods) adjusted by an ATR multiplier (default: 1.8) to define inner bands.
   • Bar Coloring: Colors bars lime for uptrends (close above upper inner band) and red for downtrends (close below lower inner band), aiding quick trend recognition.
5. Customizable Inputs:
   • Calculation Reference: Choose between "Previous Day Close" or "Today's Open" for ROC calculations.
   • Top Gainers/Losers Limit: Restrict the table to show only the top N gainers/losers (1–20).
   • Signal Toggle: Enable/disable buy/sell signals and FVG signals for cleaner visuals.
   • Color Customization: Adjust colors for gainers (default: green), losers (default: red), and signal labels.
6. User-Friendly Interface:
   • Table Display: A compact table in the top-right corner shows real-time data for all 40 assets, with small text size for clarity.
   • Overlay Mode: Plots signals and lines directly on the chart, ensuring seamless integration with price action.

How It Works in the Live Market

The Scalping Sniper - Screener operates as a multi-functional tool for live market analysis:

1. Asset Monitoring: Tracks 40 assets (e.g., gold, Bitcoin, NIFTY, Indian stocks) in real-time, calculating their ROC and SuperIchimoku signals.
2. Table Output: Updates a table every bar close, sorting assets into gainers (positive ROC) and losers (negative ROC), with optional last signal display.
3. Signal Generation:
   • SuperIchimoku: Generates buy signals when Tenkan crosses above Kijun and sell signals when it crosses below, plotted on the chart for the primary symbol.
   • FVG Signals: Identifies price gaps indicating potential reversals, confirmed after 3 bars to ensure reliability.
4. Trend Analysis: Uses Donchian Channels and ATR to color bars, helping traders spot trending markets instantly.
5. Alerts: Triggers alerts for buy/sell signals on the primary symbol, ideal for automated trading setups.

Selling Points for Marketing

When pitching the Scalping Sniper - Screener, emphasize its value to scalpers, day traders, and portfolio managers. Here’s how to sell it:

1. Unique Value Proposition:
   • "Monitor 40 assets at once with a real-time screener that highlights top performers and trading signals, saving you hours of manual analysis."
   • "Combines the proven SuperIchimoku strategy with advanced FVG and Donchian-based trend detection for precise scalping opportunities."
2. Target Audience:
   • Scalpers: Benefit from fast, reliable buy/sell signals and real-time market scanning.
   • Day Traders: Use the screener to identify trending assets and reversal points across multiple markets (stocks, forex, crypto).
   • Portfolio Managers: Track a diverse watchlist (e.g., NIFTY, BANKNIFTY, Indian stocks) with a single tool.
3. Key Benefits:
   • Time-Saving: The screener consolidates data for 40 assets into one table, eliminating the need to switch between charts.
   • High Accuracy: Non-repainting FVG signals and SuperIchimoku crossovers reduce false positives, boosting confidence in trades.
   • Customizable: Tailor the indicator to your trading style with adjustable inputs for ROC, signal display, and table size.
   • Visual Clarity: Bar coloring, table layout, and signal labels make it easy to spot opportunities at a glance.
   • Alert Integration: Set up alerts for buy/sell signals to never miss a trade, even when away from the screen.
4. Use Cases:
   • "Scalp gold (XAUUSD) or Bitcoin (BTCUSDT) with precise SuperIchimoku signals while monitoring Indian stocks like RELIANCE or TCS for breakout opportunities."
   • "Identify trending markets with Donchian-based bar coloring and capitalize on reversals with FVG signals."
   • "Track market breadth with the advances/declines counter to gauge overall market sentiment."
5. Competitive Edge:
   • Unlike standard Ichimoku indicators, the Scalping Sniper integrates a multi-asset screener, FVG signals, and Donchian trend detection.
   • Non-repainting signals ensure reliability, a critical feature for scalpers who need trustworthy entry/exit points.
   • Supports diverse markets (stocks, forex, crypto, indices), making it versatile for global traders.
6. Call to Action:
   • "Unlock the power of real-time market scanning and precision scalping with the Scalping Sniper - Screener. Get it now and stay ahead of the market!"
   • Offer a trial or demo on TradingView to showcase its real-time performance.

How to Use It

1. Setup:
   • Add the indicator to your TradingView chart.
   • Configure the 40 symbols in the input settings (default includes XAUUSD, BTCUSDT, NIFTY, and Indian stocks).
   • Choose ROC calculation method ("PrevDayClose" or "TodaysOpen").
   • Adjust Tenkan/Kijun lengths and multipliers for your preferred sensitivity.
2. Reading the Screener:
   • The table displays gainers (green) and losers (red) with their ROC values.
   • Buy/sell signals appear in the table and as labels on the chart for the primary symbol.
   • Last signals (if enabled) show the most recent buy/sell signal for each asset.
3. Trading Decisions:
   • Buy: Enter when a green "Buy" label appears (Tenkan crosses above Kijun) or a teal FVG signal indicates a bullish reversal.
   • Sell: Exit or short when a red "Sell" label appears (Tenkan crosses below Kijun) or a red FVG signal indicates a bearish reversal.
   • Trend Confirmation: Use lime (uptrend) or red (downtrend) bar colors to confirm trade direction.
4. Alerts:
   • Set up alerts for buy/sell signals on the primary symbol to receive real-time notifications.

Limitations and Considerations

• Platform Dependency: Requires TradingView to run, as it’s written in Pine Script v6.
• Symbol Limits: Fixed to 40 assets due to script constraints; users must manually input symbols.
• Data Dependency: Real-time data accuracy depends on TradingView’s data feed for the selected symbols.
• Scalping Risk: High-frequency trading carries risks; users should backtest signals and use proper risk management.

Conclusion

The Scalping Sniper - Screener is a powerful, all-in-one tool for traders seeking to monitor multiple assets, identify trends, and execute high-probability scalping trades. Its blend of SuperIchimoku signals, FVG reversal detection, and a live market screener makes it a standout choice for scalpers and day traders. By marketing its time-saving features, precision signals, and versatility across markets, you can position it as a must-have tool for serious traders.

If you need help refining the pitch, creating a demo video, or backtesting the indicator for specific markets, let me know!