Sniper Channels Base

Sniper Channels Base is a high-precision, adaptive trend-following indicator designed for MetaTrader 5. It dynamically calculates dynamic channels and a smoothed average line to detect precise trend changes and signal high-probability buy/sell entries directly on your chart.

Whether you are scalping, day trading, or swing trading, Sniper Channels Base helps eliminate market noise and gives you clear, non-lagging directional visual cues.

Key Features:

  • Adaptive Trend Detection: Color-changing average line clearly identifies bullish (Aqua) and bearish (Red) momentum.
  • Precision Buy/Sell Arrows: Dynamic buy/sell signal arrows plot automatically on color trend shifts with ATR-based dynamic spacing.
  • Optional Upper & Lower Channel Bands: Easily toggle upper and lower dynamic channel bands on or off to suit your trading template.
  • Comprehensive Multi-Alert System: Never miss a setup with support for Native MT5 Popups, Sound Alerts, Email Notifications, and Push Notifications to your mobile phone.
  • Flexible Price Customization: Calculate channels using Close, Open, High, Low, Median, Typical, or Weighted prices.
  • Fully Optimized Code: Lightweight calculation designed to run smoothly on multiple charts and timeframes without slowing down your terminal.

Input Parameters:

  • Channel Settings:
    • Channel Length (Default: 50) - The period used for dynamic channel calculations.
    • Applied Price - Choose price type for calculations (Close, Open, High, Low, Median, Typical, Weighted).
    • Plot Upper and Lower Bands? - Toggle channel outer lines visibility (Yes / No).
  • Visual Settings:
    • Distance from Candle (x ATR) - Multiplier to control arrow distance from candles based on market volatility.
  • Alert Settings:
    • Alert on Current TF Line - Enable/Disable alerts on trend reversals.
    • TriggerCandle - Set candle index for signal verification (e.g., 1 for closed bar).
    • Signals - Filter signals (Buy Only, Sell Only, or Both).
    • Enable Native Alerts / Sound / Email / Push - Custom notification preferences.
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