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Liquidity Sweep Detector (@Anitrading)
💧 Liquidity Sweep Detector (@ Antitrading) - Catching the Liquidity Trap
Welcome to a powerful and refined liquidity detection system designed to help you identify crucial liquidity zones and, more importantly, "Liquidity Sweeps" – the areas where smart money often traps retail traders.
This indicator is built upon the principles of Smart Money Concepts (SMC) and advanced Price Action, offering you a clearer view of what's truly happening in the market, where liquidity acts as the "bait" and the engine driving price movement.
🔑 Key Features
1. Reliable Liquidity Level Detection:
Swing Highs/Lows: Automatically identifies significant Swing Levels based on a customizable Pivot Length.
Level Strength Measurement: Utilizes a proprietary algorithm to calculate the Strength of each level based on the number of touches and the trading volume at those touches. Only sufficiently strong levels are displayed, reducing noise and focusing on truly pivotal areas.
Equal Highs/Lows (EQH/EQL): Specifically identifies Double Liquidity Zones (e.g., Double/Triple Tops/Bottoms) – often considered the largest "pockets of liquidity" and prime targets for sweeping.
2. Robust Liquidity Sweep Detection:
The indicator requires more than just a price break. A confirmed Liquidity Sweep must satisfy 3 stringent conditions for higher reliability:
Level Break: Price must break the Swing Level or Equal Level.
Strong Rejection: The closing candle must show a strong rejection (small body, long wick) where the rejection size exceeds a certain ATR threshold.
Volume Spike: The volume on the sweep candle must be significantly higher than the average (determined by the Volume Multiplier), indicating large institutional participation.
Upon a sweep, the old Level is removed and replaced with a 💧 High Sweep or 💧 Low Sweep label and a Sweep Box to visualize potential entry areas.
3. Customizable Alerts:
Set up instant alerts when a Liquidity Sweep event is confirmed, ensuring you don't miss high-probability trade setups (Potential LONG/SHORT setup).
💡 Trading Philosophy
"The market operates by hunting liquidity. When a key price level is broken, it is often a trap to grab the stop losses of early buyers/sellers before the market reverses in the opposite direction."
The Liquidity Sweep Detector is the perfect tool to "Trade with Smart Money":
High Sweep (SH/EQH Sweep): Signals a potential bearish reversal (Short Setup).
Low Sweep (SL/EQL Sweep): Signals a potential bullish reversal (Long Setup).
Use this indicator to confirm your entry point after the price has "cleared" the necessary liquidity and is ready to move in the anticipated direction.
Install now and experience the difference!
Don't forget to share your feedback so we can continue to improve this tool.
Welcome to a powerful and refined liquidity detection system designed to help you identify crucial liquidity zones and, more importantly, "Liquidity Sweeps" – the areas where smart money often traps retail traders.
This indicator is built upon the principles of Smart Money Concepts (SMC) and advanced Price Action, offering you a clearer view of what's truly happening in the market, where liquidity acts as the "bait" and the engine driving price movement.
🔑 Key Features
1. Reliable Liquidity Level Detection:
Swing Highs/Lows: Automatically identifies significant Swing Levels based on a customizable Pivot Length.
Level Strength Measurement: Utilizes a proprietary algorithm to calculate the Strength of each level based on the number of touches and the trading volume at those touches. Only sufficiently strong levels are displayed, reducing noise and focusing on truly pivotal areas.
Equal Highs/Lows (EQH/EQL): Specifically identifies Double Liquidity Zones (e.g., Double/Triple Tops/Bottoms) – often considered the largest "pockets of liquidity" and prime targets for sweeping.
2. Robust Liquidity Sweep Detection:
The indicator requires more than just a price break. A confirmed Liquidity Sweep must satisfy 3 stringent conditions for higher reliability:
Level Break: Price must break the Swing Level or Equal Level.
Strong Rejection: The closing candle must show a strong rejection (small body, long wick) where the rejection size exceeds a certain ATR threshold.
Volume Spike: The volume on the sweep candle must be significantly higher than the average (determined by the Volume Multiplier), indicating large institutional participation.
Upon a sweep, the old Level is removed and replaced with a 💧 High Sweep or 💧 Low Sweep label and a Sweep Box to visualize potential entry areas.
3. Customizable Alerts:
Set up instant alerts when a Liquidity Sweep event is confirmed, ensuring you don't miss high-probability trade setups (Potential LONG/SHORT setup).
💡 Trading Philosophy
"The market operates by hunting liquidity. When a key price level is broken, it is often a trap to grab the stop losses of early buyers/sellers before the market reverses in the opposite direction."
The Liquidity Sweep Detector is the perfect tool to "Trade with Smart Money":
High Sweep (SH/EQH Sweep): Signals a potential bearish reversal (Short Setup).
Low Sweep (SL/EQL Sweep): Signals a potential bullish reversal (Long Setup).
Use this indicator to confirm your entry point after the price has "cleared" the necessary liquidity and is ready to move in the anticipated direction.
Install now and experience the difference!
Don't forget to share your feedback so we can continue to improve this tool.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.