# Precision Sniper Indicator

High precision entries using trend detection, momentum, and volatility with multiple take profit levels.

Canonical: https://prismaticalgos.com/compendium/algo/4693-precision-sniper-indicator
Record ID: 4693
Catalog rank: 1086 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Mean Reversion & Counter-Trend (B)
Source: https://www.forexstrategiesresources.com/scalping-forex-strategies-iii/305-precision-sniper-indicator-mt4-mt5-guide/
Evidence label (unverified): forward_results

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: M1, M5, M15, H1, H4
- sessions: Not specified
- market_regime: trending|ranging|volatile

## Indicators

- Precision Sniper Indicator: {}; applied to: null
- Keltner Channel: {"ATR Period": 10, "MA period": 20}; applied to: close
- CCI: {"levels": "-100, +100"}; applied to: null

## Recorded long-entry rules

- bullish signal from Precision Sniper Indicator
- bullish trend confirmed by dashboard
- price above dynamic trend zone
- CCI above 100 level

## Recorded short-entry rules

- bearish signal from Precision Sniper Indicator
- bearish trend confirmed by dashboard
- price below dynamic trend zone
- CCI below -100 level

## Recorded exit rules

- TP1: 7-12 pips or upper band of Keltner Channel
- TP2: mid-level target
- TP3: final extended target
- SL1: 10-12 pips below middle band for buy
- SL2: 3 pips above middle band for sell

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: 10-12 pips below middle band for buy, 3 pips above middle band for sell
- Take profit: TP1: 7-12 pips or upper band of Keltner Channel, TP2: mid-level target, TP3: final extended target
- Position sizing: null