CHOCH & Liquidity Sweep Detector

so think of this one as an upgraded version from the previous liquidity sweep and reversal indicator i shared. This one:

Identifies when price wicks above a swing high then closes below it (bearish sweep 💧)
Identifies when price wicks below a swing low then closes above it (bullish sweep 💧)
Orange labels mark the sweeps with dashed lines showing the liquidity level


CHOCH (Change of Character) Detection

After a liquidity sweep, it watches for structure breaks
Bearish CHOCH: After bullish sweep, price breaks below previous structure low (🔴 SHORT setup)
Bullish CHOCH: After bearish sweep, price breaks above previous structure high (🟢 LONG setup)


Market Structure Tracking

Shows current structure highs/lows with dotted lines
Tracks whether market is in bullish, bearish, or neutral trend


Dashboard (bottom-right)

Shows current trend direction
Liquidity sweep status
CHOCH confirmation
Setup Ready alert when both conditions align
Clear action recommendation



How to use with tf alignment indicator:

Apply both indicators to your 1hr/4hr chart
Wait for alignment (Daily/Weekly/Monthly all bearish or bullish)
Look for liquidity sweep (💧 label appears)
Wait for CHOCH (big red/green label with "CHOCH")
Enter on retest of the broken structure level