It is called the sniper indicator as it draws cross hairs on a chart based on the percentage movement defined in the settings. Effectively a client can see a range based on specifying indicator settings (eg within the last 2 days, the client is able to choose a time and the number of minutes from that specific time). It will then highlight the high / low and the percent movement range. It can be used to quickly analyse daily ranges and entry points.
The Crypto Sniper Indicator allows the user to pin point periods on the chart and identify movement percentages. This can help in identifying trading ranges and patterns.
To activate the indicator on a chart, please ensure that you can see Navigator on the left hand side of the MT4 platform (View > Navigator). Drag and drop the indicator on to a Crypto chart and now it will be activated