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
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.