OPEN-SOURCE SCRIPT

SPY Sniper Levels [Day Trader]

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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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