Sniper VFI: Institutional Breakout & Heatmap

Description:
Overview This is a professional-grade momentum indicator designed to track Institutional Smart Money flow while filtering for high-probability breakout setups. It combines volume analysis, trend filtration, and price action triggers into a single dashboard.

How It Works The indicator operates on a three-step validation process:

Trend Filter: Uses a 150 EMA to define the major trend. Long positions are only permitted above the 150 EMA, and Short positions only below it.

Institutional Volume (VFI): Analyzes the Volume Flow Indicator to ensure Smart Money is participating in the move.

Micro-Breakout Trigger: Signals are only generated if the price breaks the High (for Longs) or Low (for Shorts) of the last 3 candles, ensuring immediate momentum.

Visual Guide & Legend

The Histogram (Volume & Momentum):

Bright Lime: Strong Bullish Impulse. Institutional money is flowing in, and momentum is accelerating.

Dark Green: Stable Uptrend. The trend is healthy.

Bright Red: Strong Bearish Impulse. Institutional money is flowing out, and downside momentum is accelerating.

Maroon: Stable Downtrend.

The Heatmap Tips (RSI Temperature):

Orange Tips: Overbought Warning (RSI > 70). The asset is heating up; caution is advised for new long entries. The opacity increases as RSI approaches 100.

White Tips: Oversold Warning (RSI < 30). The asset is extended to the downside.

The Signals (L/S):

L (Long): Confirmed entry. Trend is Up + VFI Positive + Price broke the recent 3-candle High.

S (Short): Confirmed entry. Trend is Down + VFI Negative + Price broke the recent 3-candle Low.

Note: This tool includes an alternating signal filter to prevent repetitive signals during trends. A Long signal will not repeat until a Short signal or a trend reset occurs.