This script will remind you of a potential swing failure pattern (which is a grab for liquidity to go the other direction). You can't use this script on its own, hence the eyes to look for confluences ;-)
Eyes will appear when the current high/low takes out the high/low of the last (by default) 100 highs/lows and will close below/above that last high/low.
Extra...
This strategy is using Swing Failure Patterns as a reversion indicator.
The strategy automatically adapts itself to the timeframe of the current chart.
Swing Failure Pattern occurs when the price trend fails to set new highs in uptrend or meet new lows in a downtrend. This pattern helps traders decide when to enter and exit the market. Usually, traders enter...
The indicator detect to swing failure pattern and shows it.
Swing Failure Pattern (or SFP) is a type of reversal pattern in which (swing) traders target stop-losses above a key swing low or below a key swing high to push the price in the other direction by generating enough liquidity.
ENG)
What is a SFP?
A Swing Failure Pattern (SFP) is a trade setup in which big traders hunt stop-losses above a key swing high or below a key swing low for the purpose of generating the liquidity needed to push price in the opposite direction.
How do you determine swing pattern failure?
The failure swing pattern is a type of reversal pattern that can be used...
SFP Inquisitor
v0.2a
coded by Bogdan Vaida
Code for Swing High, Swing Low and Swing Failure Pattern.
Note that we're still in the alpha version, bugs may appear.
Note that the number you set in your Swing History variable
will also be the minimum delay you see until the apples appear.
This is because we're checking the forward...
This indicator can gives an alert when a candle purges a 3- or 4-candle swing high but closes below it (1). It can also give an alert when a candle closes below the last 3- or 4-candle swing low prior to the sweep (2).
How to:
1. Add indicator to chart chart of your desired timeframe
2. Right click indicator and "add alert
3. Decide the conditions for when you to...
This indicator can gives an alert when a candle purges a 3- or 4-candle swing low but closes above it (1). It can also give an alert when a candle closes above the last 3- or 4-candle swing high prior to the sweep (2).
How to:
1. Add indicator to chart chart of your desired timeframe
2. Right click indicator and "add alert
3. Decide the conditions for when you to...
Indicator that allows to visualize swing failure patterns on every timeframe. The lines are anchored VWAPS that snipe support/resistance.
Feel free to ask question
Tried to create a script for Swing Failure / Stop Run patterns. It is based on my QuantNomad - "Significant Pivot Reversal" Indicator.
It's quite tricky to code these kinds of patterns, so it's really not ideal. I alert when a candle cross pivot level but close below (above for bottom) it and previous close was below (above) it as well.
You can setup params for...
Update for
Crayons 0.2
Crayons is early onset hyper customizable trend reversal trading suite
There is some big changes for Signal and Pivot generation and its set as Default mode so in case of nostalgia for white noise there is an option to "rollback" placed at the top of input menu
As always- hyper customizable
Every singal core crayon signal group will be...
Kawabunga Swing Failure Points Candles (SFP) by RagingRocketBull 2019
Version 1.0
This indicator shows Swing Failure Points (SFP) and Swing Confirmation Points (SCP) as candles on a chart.
SFP/SCP candles are used by traders as signals for trend confirmation/possible reversal.
The signal is stronger on a higher volume/larger candle size.
A Swing Failure Point...
How To Trade & Profit From Pattern Failures
The best trade could be in the opposite direction when a classic price pattern doesn’t behave according to perfect rules outlined in popular books and web sites. In fact, well-known patterns such as the head and shoulders and bull flag have clearly defined levels that can trigger trade entry signals that are contrary to...
![BTCUSD.P: [Hennessy]_SFP](https://s3.tradingview.com/q/qru3pCQD_mid.png "[Hennessy]_SFP")
![SPX: Significant PP - Swing Failure / Stop Run Alerts [QN]](https://s3.tradingview.com/l/lhcwuRuB_mid.png "Significant PP - Swing Failure / Stop Run Alerts [QN]")
