OPEN-SOURCE SCRIPT
Lux-Reversal Sniper V2

Lux-Reversal Sniper V2 – Strategy Description
Lux-Reversal Sniper V2 is a precision-focused trading indicator designed to capture the earliest phase of trend reversals with strong momentum confirmation.
The script combines LuxAlgo-style pivot structure analysis with a proprietary real-body breakout filter, allowing traders to isolate only high-quality reversal entries while avoiding common false signals.
Core Concept
This indicator targets moments when price decisively breaks a key structural level at the exact moment momentum enters the market.
Rather than reacting late, Lux-Reversal Sniper V2 is built to identify the first actionable move following a structural shift.
Entry Conditions
A signal is generated only when all required conditions align:
1. Structural Breakout
Price breaks above resistance or below support derived from LuxAlgo-style pivot highs and lows.
This confirms that a previously respected market structure has been invalidated.
2. Real Body Break (Momentum Validation)
The candle’s real body must fully exceed the previous candle’s wick.
This condition removes wick-based false breakouts and ensures that only genuine, committed price movement triggers a signal.
3. Trend Synchronization (5-Minute EMA)
The script references the 20-period EMA on the 5-minute timeframe, requiring price to align with the new directional bias before signaling.
Market Environment Filter
To prevent low-energy trades, the indicator monitors market conditions in real time:
ATR (5-minute) ≥ 5.5, or
ADX (5-minute) ≥ 20
When either condition is met, the chart background turns orange, indicating the Trading Zone.
No signals are generated outside this zone, regardless of pattern quality.
Real-Time Signal Execution
Signals are triggered immediately when conditions are met, without waiting for candle close.
This allows traders to capture the initial pips of a reversal, making the indicator particularly effective for scalping and fast intraday trading.
Target Projection
Upon entry, the script automatically plots a 10-pip target line, encouraging traders to move beyond minimal scalps and focus on higher-expectancy moves.
Design Philosophy
Lux-Reversal Sniper V2 is not designed to trade every setup.
It is engineered to act only at moments of maximum probability, when structure breaks, momentum confirms, and market energy is present simultaneously.
When the background turns orange and a breakout occurs with a real-body candle, the signal represents the most critical opportunity of the reversal phase.
If you want:
a short marketing description,
a technical whitepaper version, or
a simplified beginner-friendly explanation,
I can provide those as well.
Lux-Reversal Sniper V2 is a precision-focused trading indicator designed to capture the earliest phase of trend reversals with strong momentum confirmation.
The script combines LuxAlgo-style pivot structure analysis with a proprietary real-body breakout filter, allowing traders to isolate only high-quality reversal entries while avoiding common false signals.
Core Concept
This indicator targets moments when price decisively breaks a key structural level at the exact moment momentum enters the market.
Rather than reacting late, Lux-Reversal Sniper V2 is built to identify the first actionable move following a structural shift.
Entry Conditions
A signal is generated only when all required conditions align:
1. Structural Breakout
Price breaks above resistance or below support derived from LuxAlgo-style pivot highs and lows.
This confirms that a previously respected market structure has been invalidated.
2. Real Body Break (Momentum Validation)
The candle’s real body must fully exceed the previous candle’s wick.
This condition removes wick-based false breakouts and ensures that only genuine, committed price movement triggers a signal.
3. Trend Synchronization (5-Minute EMA)
The script references the 20-period EMA on the 5-minute timeframe, requiring price to align with the new directional bias before signaling.
Market Environment Filter
To prevent low-energy trades, the indicator monitors market conditions in real time:
ATR (5-minute) ≥ 5.5, or
ADX (5-minute) ≥ 20
When either condition is met, the chart background turns orange, indicating the Trading Zone.
No signals are generated outside this zone, regardless of pattern quality.
Real-Time Signal Execution
Signals are triggered immediately when conditions are met, without waiting for candle close.
This allows traders to capture the initial pips of a reversal, making the indicator particularly effective for scalping and fast intraday trading.
Target Projection
Upon entry, the script automatically plots a 10-pip target line, encouraging traders to move beyond minimal scalps and focus on higher-expectancy moves.
Design Philosophy
Lux-Reversal Sniper V2 is not designed to trade every setup.
It is engineered to act only at moments of maximum probability, when structure breaks, momentum confirms, and market energy is present simultaneously.
When the background turns orange and a breakout occurs with a real-body candle, the signal represents the most critical opportunity of the reversal phase.
If you want:
a short marketing description,
a technical whitepaper version, or
a simplified beginner-friendly explanation,
I can provide those as well.
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這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。