XΩ — T+ Sentiment Sniper

**XΩ — T+ Sentiment Sniper**
Crowd psychology helper for timing T+ reversals and managing risk

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### 1. What is XΩ — T+ Sentiment Sniper?

XΩ — T+ Sentiment Sniper is a **crowd sentiment companion indicator**.

It estimates whether the market as a whole is currently:

- Deep in profit (euphoria, FOMO‑prone)
- Deep in loss (panic, capitulation‑prone)
- Slightly profitable / slightly losing

From that, it marks:

- Potential **supply/demand absorption** zones at panic lows and euphoric highs
- **Sentiment divergences** between price and crowd PnL

You use it as a **psychology layer on top of your main system**, especially for timing T+ style moves (the next 1–3 swings after an emotional extreme).

You do not need to understand the internal math to use it.

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### 2. How to read the panel

The indicator runs in a **separate pane** (not on the price chart) and shows:

1. **Crowd Sentiment (Raw) – columns**
- Green/red columns represent how “good” or “bad” the crowd’s current PnL is.
- Taller columns = more emotional / more extreme conditions.

2. **Signal Line – white line**
- A smoothed line summarising the **overall direction of sentiment**.
- Helps you see whether psychology is improving or deteriorating.

3. **Horizontal levels**
- `0 (Neutral)` → sentiment is roughly balanced.
- `Euphoria` → crowd is strongly in profit (high risk of FOMO and distribution).
- `Panic` → crowd is deeply underwater (high risk of capitulation and absorption).

4. **Dashboard label on the latest bar**
- Status: `EUPHORIA (Risk)`, `PANIC (Opp.)`, `SLIGHT PROFIT`, or `SLIGHT LOSS`.
- Current **Crowd PnL (%)**.
- A short note about volume (stable vs unusually high, with a T+2 warning when needed).

At a glance, you know:
> “Is the market currently euphoric, panicking, or somewhere in between?”

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### 3. What the signals mean

The indicator plots shapes at the top/bottom of the pane:

- **ABS (Absorption – Buy)**
- Small green circle near the bottom.
- Suggests **demand absorption**: sentiment is bad (panic), but strong buying appears against the selling.
- Use as a **potential bottom area** to watch, not an automatic “buy now”.

- **DST (Distribution – Sell)**
- Small red circle near the top.
- Suggests **distribution**: sentiment is very positive (euphoria), but strong selling appears into that optimism.
- Use as a **potential top area** to watch for taking profits or avoiding FOMO entries.

- **DIV triangle up (Bullish Div – Buy)**
- Yellow triangle pointing up near the bottom.
- Price makes new lows while sentiment stops getting worse and starts to improve.
- Suggests selling pressure is fading; potential for an upward reversal.

- **DIV triangle down (Bearish Div – Sell)**
- Orange triangle pointing down near the top.
- Price makes new highs while sentiment stops getting better and starts to weaken.
- Suggests buying pressure is fading; potential for a downward reversal.

Think of these as **context signals / alerts**, not as “must‑take” entries on their own.

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### 4. Suggested ways to use it

#### 4.1. As a context filter before entering trades

Use Sentiment Sniper to avoid trading directly into emotional extremes:

- Avoid opening **new longs** when:
- The indicator is in the **Euphoria** zone and you see **DST or Bearish DIV** near resistance.
- Avoid opening **new shorts** when:
- The indicator is in the **Panic** zone and you see **ABS or Bullish DIV** near support.

In other words, use it as a **“do not chase” filter** for tops and bottoms.

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#### 4.2. To spot potential T+ reversal zones

Example workflow:

1. Use your normal tools to mark **key zones** (support/resistance, liquidity areas, higher‑timeframe levels).
2. When price reaches those zones, look at T+ Sentiment Sniper:
- Near **Panic** with **ABS or Bullish DIV** → watch for potential long opportunities.
- Near **Euphoria** with **DST or Bearish DIV** → watch for potential short/exit opportunities.
3. Only take trades when:
- You also have confirmation from your own system (reversal candle, structure break, etc.).
4. Expect a **T+ style move** (1–3 swings) away from the extreme.

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#### 4.3. To manage open positions

- When you are **heavily in profit**:
- If Sentiment Sniper moves into **Euphoria** and starts printing **DST or Bearish DIV**, consider:
- Taking partial profits
- Tightening stops
- Reducing risk to protect gains

- When you are **stuck in drawdown**:
- If sentiment is deep in **Panic** but there is **no** ABS or Bullish DIV yet, be careful:
- Avoid catching a falling knife too early.
- Look for sentiment to stabilise (ABS/DIV + your own confirmation) before committing.

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### 5. User‑level settings (simple view)

You typically only need to think of them like this:

- **Half-Life (Memory Decay)**
- Higher value → sentiment reacts more slowly (more “long‑term” feel).
- Lower value → sentiment reacts faster to recent moves (better for short‑term trading).

- **Euphoria / Panic Threshold (%)**
- Define what counts as an “extreme”.
- For very volatile assets (crypto, small caps), you may want slightly wider thresholds.
- For calmer markets (majors, large caps), slightly tighter thresholds may be enough.

- **Avg Volume Length**
- Period to define “normal” volume.
- Spikes above this are used to flag meaningful absorption/distribution.

- **Show Sentiment Divergence / Show Supply/Demand Absorption**
- Turn off one or both if you feel the chart is too crowded.
- Keep only the parts that match your own style.

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### 6. Alerts

In TradingView’s **Alerts** panel you will find:

- `XΩ SNIPER BUY`
- Triggers when a **psychological Buy** signal appears (Absorption or Bullish Divergence, if enabled).

- `XΩ SNIPER SELL`
- Triggers when a **psychological Sell** signal appears (Distribution or Bearish Divergence, if enabled).

Use alerts to be notified when the crowd hits important **Panic/Euphoria zones**, without watching the screen all day.

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### 7. Important notes

- This is a **sentiment / context tool**, not a standalone “black box” system.
- Always combine it with:
- Price structure on higher timeframes
- Your own entry/exit rules
- Proper risk management
- Backtest and forward‑test before applying it with real capital.