Viper Sniper

Purpose: Displays the current aggressive and normal support and resistance levels.
Description:
- There are many “Hidden Pivots” in the market, and I refer to them as “Squeeze Pivots”.
- The Viper Sniper template is a tool that locates them with precision using the Emini wizard System guidelines.
- For longs, they are considered as “Support Until Broken”. (More than a point or two in ES.)
- For shorts, they are considered as “Resistance Until Broken”. (More than a point or two in ES.)
NinjaTrader Use:
- An easy way to plot them is with a labelled horizontal line.
- Using the Native NinjaTrader Swing Indicator is also very effective for this purpose.
- Displayed as a series of labelled lines, step by step.
- Multiple key inflection points should be located and plotted.
- One by one, these are evaluated for timing and context on retest/ failure? tests.
- Gaps should be clearly identified on an RTH or Globex chart.
Practical Example:
- On an ES chart for October 2025, we see a series of support pivots being established.
- One by one each level needs to be seen as a “battle” until resolved.
- Buying Pullbacks in an uptrend works, until exhaustion sets in.
- When momentum reverses, then the short side resistance pivots need to be considered
- Context and relative proportions are important, especially on undercut lows and failed breakdowns that recapture a previous pivot level.