Super Kay Sniper V2 Indicator for MetaTrader 5 – Free Download [TradingFinder]

The Super Kay Sniper V2 Indicator, using Adaptive Channels that reshape in line with price fluctuations, maps out key market zones to detect reversals or trend continuations.

These channels act as dynamic support and resistance levels and, alongside color signals [green circle for buy and red circle for sell], display precise entry and exit points.

Super Kay Sniper V2 Indicator Table

The main specifications of the Super Kay Sniper V2 Indicator are shown in the table below:

Super Kay Sniper V2 Indicator at a Glance

The Super Kay Sniper V2 Indicator, through Adaptive Channels, draws dynamic support and resistance ranges that adjust with market fluctuations.

When the price reaches the upper boundary and a red circle signal is issued, a bearish reversal becomes likely; conversely, when the price touches the lower boundary and a green signal appears, it indicates the beginning of a bullish move.

Note: This indicator, by combining price action with channel structure, provides accurate signals for trade entries.

Indicator in an Uptrend

The chart below shows the Bitcoin Index (BTC/USD) on the 5-minute timeframe.

In this trading tool, the bullish scenario activates when the price reaches the lower boundary of the adaptive channel and a green signal appears simultaneously or within the next few candles.

This condition indicates an oversold situation and a higher probability of bullish reversal.

Indicator in a Downtrend

The chart below shows the EUR/GBP index on the 30-minute timeframe.

In the Super Kay Sniper V2 Indicator, the bearish scenario forms when the price touches the upper boundary of the adaptive channel and a red signal activates.

This condition indicates a higher probability of a downward market reversal. In this situation, a suitable zone for opening sell trades is identified.

Super Kay Sniper V2 Settings

The image below shows the settings of the Super Kay Sniper V2 Indicator in MetaTrader 5:

• Sensitivity: Sensitivity adjustment
• PeriodWeakChannel: Weak channel period
• PeriodMainChannel: Main channel period display
• PivotBar: Pivot candle
• ALERT: Alert
• EMAIL: Send email
• NOTIFICATION: Send notification
• MESSAGE_TIMEOUT: Message delay timing
• MESSAGE_SUBJECT: Message subject

Conclusion

The Super Kay Sniper V2 Indicator is a suitable technical analysis tool for identifying trend reversals and determining precise entry and exit points in the market.

By applying Adaptive Channels and color signals, it highlights overbought and oversold conditions.