Liquidity Sweep for Intraday (HuntsPip)

Liquidity Sweep for Intraday (HuntsPip) tracks the previous high and low from multiple time periods and trading sessions, drawing them as horizontal levels on the chart and detecting when price sweeps through them in real time. It helps traders monitor key liquidity pools where stop orders cluster - such as previous day, week, and session highs and lows - alerting them when price hunts beyond these levels, which often precedes sharp reversals as institutional players trigger resting orders before driving price in the opposite direction.

────────────────────

█ CONCEPTS

Liquidity in price action analysis refers to the clusters of resting orders that tend to accumulate around prior highs and lows. The previous hour's high, the prior day's low, or last week's extremes all represent price levels where stop orders and limit orders may be concentrated. A "liquidity sweep" occurs when price briefly trades beyond one of these levels before reversing, potentially triggering those resting orders.

Some traders in ICT and Smart Money Concepts (SMC) analysis interpret these sweeps as engineered moves to access resting liquidity. The idea is that once a prior high or low has been swept - taking out the stops resting beyond it - the market may reverse as the liquidity has been absorbed. Monitoring sweeps across multiple timeframes and sessions simultaneously provides a layered view of where liquidity has been taken and where it still remains.


────────────────────

█ WHAT IT DOES

This tool draws two types of liquidity levels on the chart: time-based levels from standard timeframe periods and session-based levels from configurable trading sessions.

For time-based levels, the tool tracks the previous period's high and low across five timeframes: 1-hour, 4-hour, daily, weekly, and monthly. Each high and low is drawn as a horizontal line with a label identifying the period and whether it is the high (H) or low (L). The lines extend forward on the chart until either they are swept or the period resets with new values.

For session-based levels, the tool tracks the high and low of four configurable sessions: Asian, London, New York, and Sydney. Once a session ends, its high and low are drawn as levels extending forward into the following price action.

When price trades beyond any of these levels, the sweep is detected in real time. The line stops extending at the sweep point and the label moves to mark where the sweep occurred, giving a clear visual record of which levels have been taken. All levels operate on intraday timeframes up to 1 hour.


────────────────────

█ FEATURES AND USAGE

TIME BASED SWEEPS

Five layers are available: H1, H4, Daily, Weekly, and Monthly. Each is configured on a single row with a toggle, custom label prefix, color, line style, and forward extension distance.

• Toggle - Enables or disables the layer.
  
  
• Label Prefix - Custom text prepended to the H (high) or L (low) suffix on each level label.
  
  
• Color - Controls the line and label color for this layer.
  
  
• Line Style - Solid, Dotted, Dashed, Arrow Left, or Arrow Right.
  
  
• Extend - Controls how far forward the level extends in bars before a sweep or reset. Max: 200.
  

PREVIOUS SESSION SWEEPS

Four sessions are available: Asia, London, New York, and Sydney. Each session has a toggle, configurable time window, custom label prefix, color, line style, and forward extension distance.

• Session Toggle and Time - Enables or disables the session and sets the time window.
  
  
• Label Prefix - Custom text prepended to the H or L suffix.
  
  
• Color - Controls the line and label color.
  
  
• Line Style - Solid, Dotted, Dashed, Arrow Left, or Arrow Right.
  
  
• Extend - Controls forward extension. Max: 200.
  

ON-SCREEN NOTIFICATION

• Notification Size - Controls the text size for on-screen messages. Tiny, Small, Normal, or Large.
  
  
• Color - Controls the notification text color.
  

This tool works on any instrument and is designed for intraday timeframes up to 1 hour. The combination of time-based and session-based liquidity levels gives traders a comprehensive view of where prior highs and lows sit across multiple horizons. Once a level is swept, it stops extending, making it easy to see at a glance which levels have been taken and which remain intact. These levels are best used as reference points alongside other analysis - such as market structure, order blocks, or fair value gaps - rather than as standalone trade triggers.