Bottom Sniper

The Bottom Sniper is a precision tool designed to catch bullish reversal points with high probability after periods of selling pressure or capitulation. It combines volume analysis, price action, momentum (Stochastic), and volatility filters to deliver cleaner signals near market bottoms.

How It Works

- A signal ("BS") is triggered when the following are true:

- Bullish candle (close > open)

- Candle body is large relative to ATR (volatility-based filter)

- Stochastic %K is in a defined low band and rising

- Volume profile is healthy: either controlled or shows signs of capitulation

- Price shows follow-through (close > previous close)

- A cooldown prevents signal spam and overtrading

Customizable Settings

- Volume MA length and RVOL thresholds

- Stochastic smoothing and band ranges

- ATR multiplier for candle body size

- Optional capitulation mode for extreme volume spikes

- Cooldown period (in bars) between signals

Visuals & Alerts

- A BS label is plotted below the bar when a valid signal triggers

- Compatible with TradingView alerts — get notified in real time

- Fully synced signals and alerts (no mismatches)

Best Used For

- Spotting oversold bounce opportunities

- Identifying potential bottom reversals

- Supporting mean reversion or swing trading setups