Yep if you play on VAC servers you will be banned. This is because you are running a graphics modifier. Basically unless you are really good at coding yourself, any script you grab from the web, Valve already has a copy and just waiting to do a a Ban Run.
Edit: Well looking at the script its basically a giant macro script. While it isn't modifying the graphics (though the picture shows it) you are changing the game so I suspect any VAC server will detect this and ban you.