Strategy

Sniper

Multi-Timeframe Pattern Alignment

Precision strategy that only enters when multiple higher timeframes have #TheStrat patterns 'in-force'. Waits for configurable minimum HTF alignment (default 3) ensuring you only trade when the larger trend structure supports your position.

Version 1.2 • Updated May 2024
Sniper Screenshot

Key Features

Strat Patterns 'In-Force' Detection

Waits for multiple higher timeframes to have active #TheStrat patterns (1-2U, 2D-2U, 3-2U, etc.) in-force before triggering entries.

Minimum HTF Alignment Control

Set how many higher timeframes must show directional patterns - default requires 3 HTFs aligned for maximum conviction.

Configurable Timeframe Stack

Choose up to 3 higher timeframes (HTF1, HTF2, HTF3) plus a dedicated 'in-force' timeframe for pattern monitoring.

LTF Confirmation Option

Optional requirement for lower timeframe to also show confirming pattern before entry - adds precision to HTF signals.

Advanced Pattern Recognition

Detects all #TheStrat patterns including momentum hammers/shooters, green 2-downs, and red 2-ups for comprehensive analysis.

Smart Position Management

Cover Risk option, dynamic break-even, R-multiple targets, and martingale sizing (None/Standard/Linear/Fibonacci).

Configuration & Documentation

Access detailed documentation and pre-configured settings for Sniper.

Recent Updates

View all changes

Version 1.2

May 24, 2024

Risk/Reward TP: Take profit for R multiplier option

Fixed backtest breakeven functionality

No longer counts same-bar breakevens as loss (should help backtest results a ton)

+1 more changes

Version 1.1

May 16, 2024

Dollar risk sizing: Automatically adjust entry position size based on risk amount and stoploss distance

Output for HTF updates at the start of each new primary TF bar