Şimdi başlat

Sweeps

Blockcircle FTR - Follow Through ReversalWHAT THIS INDICATOR DOES Blockcircle FTR identifies failed directional moves followed by quality reversals. The indicator tracks structural pivot levels, monitors price interactions with those levels, and validates reversal sequences against a configurable threshold. A trend filter provides macro context so you can evaluate whether signals align with or oppose the broader direction. KEY FEATURES Reversal quality filtering via delivery threshold requirement Sweep confirmation when reversals follow liquidity grabs at structural levels ATR-adaptive origin zones marking reversal starting points Trend alignment indicator comparing signal bias to moving average direction Volume validation filter for participation confirmation Real-time dashboard with signal statistics and alignment status DETAILED BREAKDOWN Structural Level Tracking The indicator identifies pivot highs and lows based on the Structure Lookback parameter. These pivots serve as reference levels where liquidity typically accumulates. Levels remain active until price interacts with them or they exceed the Level Lifespan setting. When the price reaches a structural level, this interaction is logged. If a reversal then forms in the opposite direction within the Sweep Window, the signal qualifies as sweep-confirmed, indicating that stops were likely triggered before the move reversed. FTR Detection Logic The core detection looks for a specific sequence: a directional attempt that fails to follow through, followed by a counter-move that meets the Delivery Threshold ratio. This ratio measures the quality of the reversal relative to the failed move's structure. Higher threshold values (closer to 1.0) require cleaner, more convincing reversals. Lower values (closer to 0.1) allow weaker setups through. The default of 0.7 provides reasonable filtering without being overly restrictive. Trend Context Filter A moving average (EMA or SMA, configurable period) provides simple trend context. The dashboard displays three related metrics: Trend: Current price position relative to the MA (Bullish/Bearish) FTR Bias: Direction of the most recent confirmed signal (Long/Short) Aligned: Whether these two readings match (Yes/No) This helps identify situations where the FTR bias has become stale or is positioned against the prevailing trend. Signal Classification Standard signals appear as small triangles and represent FTR patterns that passed the delivery threshold and any active filters. Sweep-confirmed signals appear with an "S" label and represent the subset of signals where price swept a structural level shortly before the reversal formed. These carry higher conviction due to the additional liquidity context. Dashboard Metrics The information panel provides: Current trend direction and FTR bias Alignment status between the two Bars elapsed since the last signal Running totals for long and short signals Sweep-confirmed counts in parentheses Volume filter status Configuration Parameters Structure Lookback: Bars used for pivot detection. Higher values capture more significant swings. Delivery Threshold: Minimum ratio for valid reversals. Range 0.1 to 1.0. Level Lifespan: The maximum bars a structural level remains active. Sweep Window: Lookback period for sweep confirmation. Trend MA Period: Moving average length for trend context. Volume Spike Multiple: Required volume ratio when volume filter is active. Zone Depth: Origin zone width as ATR multiple. Practical Application Sweep-confirmed signals with trend alignment represent the highest-conviction setups. These combine a quality reversal pattern, liquidity sweep context, and trend support. Standard signals without sweep confirmation remain valid FTR patterns but warrant additional discretion. Counter-trend signals (Aligned showing NO) can still produce valid moves, but historically carry lower probability. Consider position sizing adjustments accordingly. Origin zones serve as potential support/resistance areas for subsequent price returns. Important Limitations The indicator may remain biased in the wrong direction during extended trends if no qualifying reversal pattern forms. The trend filter helps identify these situations, but does not automatically override the FTR bias. Signal counts are calculated on visible chart history and will vary based on the loaded timeframe and bar count. As with any technical tool, signals should be evaluated within the broader market context rather than traded mechanically. Hope you find it useful! If you have any questions, please don't hesitate to ask them!
Pine Script® göstergesi
blockcircle tarafından
2
NQ Hourly Retracements - 12y Stats with LevelsHour Stats with Levels - TradingView Indicator Description IMPORTANT: NQ FUTURES ONLY This indicator is specifically designed for and calibrated to NQ (Nasdaq-100 E-mini) futures only. The statistical data is derived exclusively from 13 years of NQ price action (2013-2025). Do not use this indicator on any other asset, ticker, or market as the statistics will not be applicable and may lead to incorrect trading decisions. Overview "Hour Stats with Levels" is a statistical analysis indicator that provides real-time probability-based insights into hourly price behavior patterns. The indicator combines historical pattern recognition with live price action to help traders anticipate potential sweep and reversal scenarios within each trading hour. Originality and Core Concept This indicator is based on a comprehensive statistical analysis of 12y years of 1-minute NQ futures data, examining a specific price pattern: when an hourly candle opens inside the previous hour's range. Unlike generic support/resistance indicators, this tool provides hour-specific, context-aware probabilities based on 30,000+ historical occurrences of this pattern. The originality lies in three key areas: Pattern-Specific Statistics: Rather than applying generic technical analysis, the indicator only activates when the current hour opens within the previous hour's range, providing relevant statistics for this exact scenario. Context-Aware Probabilities: Statistics are differentiated based on whether the current hour opened above or below the previous hour's open, recognizing that bullish and bearish opening contexts produce different behavioral patterns. Comprehensive Retracement Tracking: The indicator tracks four independent retracement levels after a sweep occurs, showing the probability of price returning to: the swept level itself (90+% probability), the 50% level, the current hour's open, and the opposite extreme. How It Works The Core Pattern The indicator monitors a specific price structure: Setup Condition: The current hourly candle opens inside (between) the previous hour's high and low Sweep Event: Price then breaks above the previous high (high sweep) or below the previous low (low sweep) Retracement Analysis: After a sweep, the indicator tracks whether price retraces to key levels Statistical Foundation The underlying analysis processed 1-minute bar data from 2013-2025, identifying every instance where an hourly candle opened inside the previous hour's range. For each occurrence, the system tracked: Whether the high, low, or both were swept during that hour The distance of the sweep measured as a percentage of the previous hour's range Whether price retraced to four key levels: the swept level, the 50% point, the current open, and the opposite extreme These measurements were aggregated for all 24 hours of the trading day, with separate statistics for bullish contexts (opening above previous open) and bearish contexts (opening below previous open), creating 48 unique statistical profiles. Sweep Distance Percentiles The "reversal levels" are drawn based on historical sweep distance distributions: 25th Percentile: 75% of historical sweeps were larger than this distance. This represents a conservative reversal zone where smaller, contained sweeps typically reverse. Median (50th Percentile): The midpoint of all historical sweep distances. Half of all sweeps reversed before reaching this level, half extended beyond it. 75th Percentile: Only 25% of sweeps extended beyond this distance. This represents an extended sweep zone where price has historically shown exhaustion. For example, if the previous hour's range was 20 points and the median high sweep distance is 40% of range, the median reversal level would be placed 8 points above the previous high. How to Use the Indicator Sweeps were calculated using 1m data - as such, it's recommended to use the indicator on a 1min chart Visual Components Hour Delimiter (Gray Vertical Line) Marks the start of each new hour Helps identify when new statistics become active Sweep Markers Green "H" label: High sweep has occurred this hour Red "L" label: Low sweep has occurred this hour Markers appear on the exact bar where the sweep happened Target Levels (Blue Lines) Prev Open: Previous hour's opening price Prev High: Previous hour's highest price (sweep target) Prev Low: Previous hour's lowest price (sweep target) Prev 50%: Midpoint of previous hour's range Current Open: Current hour's opening price (key retracement target) Reversal Levels (Purple Dashed Lines) Positioned beyond the previous high/low based on historical sweep percentiles Three levels above previous high (for high sweeps) Three levels below previous low (for low sweeps) These represent statistically-derived zones where sweeps typically exhaust The Statistics Table The table dynamically updates each hour and displays different statistics based on whether the current hour opened above or below the previous hour's open. Status Row Shows current state: waiting for sweep, or which sweep(s) have occurred If waiting, indicates which sweep is more probable based on historical data SWEEP PROBABILITIES Section High Sweep: Historical probability (%) that price will sweep the previous high this hour Low Sweep: Historical probability (%) that price will sweep the previous low this hour Both Sweeps: Historical probability (%) that price will sweep both levels this hour These probabilities are derived from counting how many times each pattern occurred in similar historical contexts. For example, "High Sweep: 73.18%" means that in 73.18% of historical occurrences where the hour opened in this same context (same hour of day, same position relative to previous open), price swept the previous high before the hour closed. AFTER HIGH SWEEP → Section These statistics activate only after a high sweep has occurred. They show the probability of price retracing to various levels: → Prev High: Probability that price returns to (or below) the level it just swept. This is typically 90%+ because sweeps often act as "false breakouts" or liquidity grabs before reversal. → 50% Level: Probability that price retraces at least halfway back into the previous hour's range. This represents a moderate retracement. → Current Open: Probability that price retraces all the way back to where the current hour opened. This indicates a complete reversal of the sweep move. → Prev Low: Probability that price retraces entirely through the previous range to touch the opposite extreme. This represents a full reversal pattern. AFTER LOW SWEEP → Section Mirror of the above, but for low sweeps: → Prev Low: Retracement to the swept low level (90%+ probability) → 50% Level: Retracement to middle of range → Current Open: Full retracement to current hour's open → Prev High: Complete reversal to opposite extreme Important Note on Retracement Statistics: These percentages are tracked independently. A 90% probability of returning to the swept level doesn't mean there's only a 10% chance of deeper retracement. Price can (and often does) retrace through multiple levels sequentially. The percentages show how many times price reached at least that level, not where it stopped. Trading Applications Anticipating Sweeps When an hour opens inside the previous range, check the probabilities. If "High Sweep: 70%" and "Low Sweep: 30%", you know there's a 70% historical likelihood of an upside sweep occurring this hour. This doesn't guarantee it will happen, but provides statistical context for potential setups. Reversal Trading The most reliable pattern in the data is the 90%+ retracement probability to swept levels. When a sweep occurs, traders can anticipate a retracement back to at least the swept level in the vast majority of cases. The reversal level percentiles help identify where sweeps may exhaust. Position Management The retracement probabilities help manage existing positions. For example, if you're long and a high sweep occurs, you know there's a 90%+ chance of at least some retracement to the swept level, which might inform profit-taking or stop-loss decisions. Confluence with Current Open The "Current Open" retracement statistics (typically 60-70%) highlight the magnetic quality of the hour's opening price. After a sweep, price frequently returns to test this level. Customization Options The indicator offers extensive visual customization: Toggle on/off: hour delimiters, sweep markers, target levels, reversal levels, statistics table Customize colors, line widths, and styles for all visual elements Adjust label sizes and table position Show/hide individual target levels and reversal percentiles Limitations and Considerations Pattern-Specific: The indicator only provides statistics when the current hour opens inside the previous hour's range. If the hour opens outside this range (gaps up or down), the statistics are not applicable. Historical Probabilities: The percentages represent historical frequencies, not predictions. A 70% probability means it happened 70% of the time historically, not that it will definitely happen 7 out of 10 times going forward. NQ-Specific Calibration: All statistics are derived from NQ futures data. Market behavior, volatility, and patterns differ across assets. Hour-Specific Behavior: Different hours show dramatically different statistics. For example, the 9 AM EST hour (market open) shows much higher sweep probabilities (80%+) than the 5 PM EST hour (30-50%) due to differing liquidity and volatility conditions. No Guarantee of Execution: While a 90% retracement probability is high, it means 10% of the time, price did NOT retrace. Always use proper risk management. Technical Notes The indicator uses hourly timeframe data via request.security() to determine previous hour values Sweep detection occurs in real-time on the chart's timeframe Statistics are hardcoded from the comprehensive backtested analysis (not calculated on-the-fly) The indicator stores static values at the start of each hour to ensure consistency as the hour progresses All percentage values are rounded to one decimal place for clarity This indicator provides a statistically-grounded framework for understanding hourly price behavior in NQ futures. By combining real-time pattern detection with comprehensive historical analysis, it offers traders probabilistic insights to inform decision-making process within the specific context of each trading hour.
Pine Script® göstergesi
lucymatos tarafından
7
$ - HTF Sweeps & PO3HTF Sweeps & PO3 Indicator The HTF Sweeps & PO3 indicator is a powerful tool designed for traders to visualise higher timeframe (HTF) candles, identify liquidity sweeps, and track key price levels on a lower timeframe (LTF) chart. Built for TradingView using Pine Script v6, it overlays HTF candle data and highlights significant price movements, such as sweeps of previous highs or lows, to help traders identify potential liquidity sweep and reversal points. The indicator is highly customisable, offering a range of visual and alert options to suit various trading strategies. Features Higher Timeframe (HTF) Candle Visualisation: - Displays up to three user-defined HTF candles (e.g., 15m, 1H, 4H) overlaid on the LTF chart. - Customisable candle appearance with adjustable size (Tiny to Huge), offset, spacing, and colours for bullish/bearish candles and wicks. - Option to show timeframe labels above or below HTF candles with configurable size and position. Liquidity Sweep Detection: - Identifies bullish and bearish sweeps when price moves beyond the high or low of a previous HTF candle and meets specific conditions. - Displays sweeps on both LTF and HTF with customisable line styles (Solid, Dashed, Dotted), widths, and colours. - Option to show only the most recent sweep per candle to reduce chart clutter. Invalidated Sweep Tracking: - Detects and visualises invalidated sweeps (when price moves past a sweep level in the opposite direction). - Configurable display for invalidated sweeps on LTF and HTF with distinct line styles and colours. Previous High/Low Lines: - Plots horizontal lines at the high and low of the previous HTF candle, extending on both LTF and HTF. - Customisable line style, width, and color for easy identification of key levels. - Real-Time Sweep Detection: -Optional real-time sweep visualisation for active candles, enabling traders to monitor developing price action. Alert System: - Triggers alerts for sweep formation (when a new sweep is detected). - Triggers alerts for sweep invalidation (when a sweep is no longer valid). - Alerts include details such as timeframe, ticker, and price level for precise notifications. Performance Optimisation: - Efficiently manages resources with configurable limits for lines, labels, boxes, and bars (up to 500 each). - Cleans up outdated visual elements to maintain chart clarity. Flexible Configuration: - Supports multiple timeframes for HTF candles with user-defined settings for visibility and number of candles displayed (1–60). - Toggle visibility for HTF candles, sweeps, invalidated sweeps, and high/low lines independently for LTF and HTF. This indicator is ideal for traders focusing on liquidity hunting, order block analysis, or price action strategies, providing clear visual cues and alerts to enhance decision-making.
Pine Script® göstergesi
wintonbanks tarafından
24
Clean Pivot Lines with AlertsTechnical Overview This Script is designed for detecting untouched pivot highs and lows. It draws horizontal levels only when those pivots remain unviolated within a configurable lookback window and removes them automatically upon price breaches or sweeps. Key components include: Pivot detection logic : Utilizes ta.pivothigh()/ta.pivotlow() (or equivalent via request.security for HTF) with parameterized pivotLength to ensure flexibility and adaptability to different timeframes. Cleanliness filtering : Checks lookbackBars prior to line creation to skip levels already violated, ensuring only uncontaminated pivots are used. Dynamic level tracking : Stores active levels in arrays (highLines, lowLines) for continuous real-time monitoring. Violation logic : Detects both close-based breaks (breakAbove/breakBelow) and wick-based sweeps (sweepAbove/sweepBelow), triggering alerts and automatic teardown. Periodic housekeeping : Every N (10) confirmed bars, re-verifies “clean” status and removes silently invalidated levels—maintaining chart hygiene and avoiding stale overlays. Customization options : Supports pivot timeframe override, colors, line width/style, lookback length, and alert toggling. Utility This overlay script provides a disciplined workflow for drawing meaningful support/resistance levels, filtering out contaminated pivot points, and signaling validations (breaks/sweeps) with alerts. Its modular design and HTF support facilitate integration into systematic workflows, offering far more utility than mere static pivot plots. Usage Instructions 1. Adjust `pivot_timeframe`, `pivot_length`, and `lookback_bars` to suit your strategy timeframe and volatility structure. 2. Customize visual parameters as required. 3. Enable alerts to receive in-platform messages upon pivot violations. 4. Use HTF override only if analyzing multi-timeframe pivot behavior; otherwise, leave empty to default to chart timeframe. Performance & Limitations - Pivot lines confirmation lags by `pivot_length` bars; real-time signals may be delayed. - Excessive active lines may impact performance on low-TF charts. - The “clean” logic is contingent on the `lookback_bars` parameter; choose sufficiently high values to avoid false cleanliness. - Alerts distinguish between closes beyond and wick-only breaches to aid strategic nuance.
Pine Script® göstergesi
BaidehnXBT tarafından
6
Liquidity Sweep Candlestick Pattern with MA Filter📌 Liquidity Sweep Candlestick Pattern with MA Filter This custom indicator detects liquidity sweep candlestick patterns—price action events where the market briefly breaks a previous candle’s high or low to trap traders—paired with optional filters such as moving averages, color change candles, and strictness rules for better signal accuracy. 🔍 What is a Liquidity Sweep? A liquidity sweep occurs when the price briefly breaks the high or low of a previous candle and then reverses direction. These events often occur around key support/resistance zones and are used by institutional traders to trap retail positions before moving the price in the intended direction. 🟢 Bullish Liquidity Sweep Criteria The current candle is bullish (closes above its open). The low of the current candle breaks the low of the previous candle. The candle closes above the previous candle’s open. Optionally, in Strict mode, it must also close above the previous candle’s high. Optionally, it can be filtered to only show if the candle changed color from the previous one (e.g., red to green). Can be filtered to only show when the price is above or below a moving average (if MA filter is enabled). 🔴 Bearish Liquidity Sweep Criteria The current candle is bearish (closes below its open). The high of the current candle breaks the high of the previous candle. The candle closes below the previous candle’s open. Optionally, in Strict mode, it must also close below the previous candle’s low. Optionally, it can be filtered to only show if the candle changed color from the previous one (e.g., green to red). Can be filtered to only show when the price is above or below a moving average (if MA filter is enabled). ⚙️ Features & Customization ✅ Signal Strictness Choose between: Less Strict (default): Basic wick break and close conditions. Strict: Must close beyond the wick of the previous candle. ✅ Color Change Candles Only Enable this to only show patterns when the candle color changes (e.g., from red to green or green to red). Helps filter fake-outs. ✅ Moving Average Filter (optional) Supports several types of MAs: SMA, EMA, WMA, VWMA, RMA, HMA Choose whether signals should only appear above or below the selected moving average. ✅ Custom Visuals Show short (BS) or full (Bull Sweep / Bear Sweep) labels Plot triangles or arrows to represent bullish and bearish sweeps Customize label and shape colors Optionally show/hide the moving average line ✅ Alerts Includes alert options for: Bullish sweep Bearish sweep Any sweep 📈 How to Use Add the indicator to your chart. Configure the strictness, color change, or MA filters based on your strategy. Observe signals where price is likely to reverse after taking out liquidity. Use with key support/resistance levels, order blocks, or volume zones for confluence. ⚠️ Note This tool is for educational and strategy-building purposes. Always confirm signals with other indicators, context, and sound risk management.
Pine Script® göstergesi
OLLIE_MAC tarafından
Apex Edge - Session Sweep ProApex Edge Session Sweep Pro By Apex Edge | 2025 Edition 🔍 What is it? The Apex Session Sweep Pro is a precision trading tool designed for identifying high-probability liquidity sweep entries during key global market sessions. It combines powerful sweep detection logic with dynamic candle colouring, session visualization, TP projections, and real-time alerts — all within a clean, performance-optimized Pine Script engine. This is not your average session box indicator. This is Apex-grade. ⚙️ How it Works The indicator detects session liquidity sweeps by tracking price action relative to previous session highs and lows. When a session high/low is swept (i.e., price breaches it and then closes in the opposite direction), it generates a signal: Buy Signal → Price sweeps previous low and closes back above it Sell Signal → Price sweeps previous high and closes back below it Each session is boxed on the chart (Tokyo, London, New York, Sydney), color-coded, and dynamically labelled. Upon detecting a valid sweep, the script: Plots a small entry label (toggleable) Projects up to 5 customizable TP levels Coloured candles for visual trade direction Alerts for Buy or Sell sweep signals (optional) All elements are memory-managed and customizable to suit your trading style. 🧠 Key Features ✅ Smart Sweep Detection Logic ✅ Global Market Session Boxes (Custom Times) ✅ Toggleable Entry Labels + TP Levels ✅ Candle Colouring by Signal ✅ Manual TP input + TP toggles ✅ Real-time Alerts for Apex entries 🕒 Why Are My Sessions Offset? Your chart’s time zone may be different from UTC. This script is UTC-based by design, so if your chart is set to UTC+1, for example, the sessions will appear one hour later. Either: Adjust your chart to UTC or or Exchange for perfect alignment, Or tweak the session input times manually. 🧰 Who is this for? This tool is made for: Intraday traders looking for sweeps into liquidity SMC (Smart Money Concept) strategists Forex, crypto, and indices traders Anyone who uses session-based levels to define entries Whether you scalp London or ride NY swings, this tool frames each session cleanly — and shows you where the traps are laid. 🚨 Disclaimer This indicator is a technical tool, not financial advice. Use proper risk management. Past performance ≠ future results.
Pine Script® göstergesi
ApexEdge tarafından
3
Pure Price Action Liquidity Sweeps [LuxAlgo]The Pure Price Action Liquidity Sweeps indicator is a pure price action adaptation of our previously published and highly popular Liquidity-Sweeps script. Similar to its earlier version, this indicator detects the presence of liquidity sweeps on the user's chart, while also identifying potential areas of support/resistance or entry when liquidity levels are taken. The key difference, however, is that this price action version relies solely on price patterns, eliminating the need for numerical swing length settings. 🔶 USAGE A Liquidity Sweep occurs when the price breaks through a liquidity level , after which the price returns below/above the liquidity level , forming a wick. The examples below show a bullish and bearish scenario of "a wick passing through a liquidity level where the price quickly comes back". Short-term liquidity sweep detection is based on short-term swing levels. Some of these short-term levels, depending on further market developments, may evolve into intermediate-term levels and, in the long run, become long-term levels. Therefore, enabling short-term detection with the script means showing all levels, including minor and temporal ones. Depending on the trader's style, some of these levels may be considered noise. Enabling intermediate and long-term levels can help filter out this noise and provide more significant levels for trading decisions. For further details on how swing levels are identified please refer to the details section. The Intermediate-term option selection for the same chart as above, filters out minor or noisy levels, providing clearer and more significant levels for traders to observe. 🔶 DETAILS The swing points detection feature relies exclusively on price action, eliminating the need for numerical user-defined settings. The first step involves detecting short-term swing points, where a short-term swing high (STH) is identified as a price peak surrounded by lower highs on both sides. Similarly, a short-term swing low is recognized as a price trough surrounded by higher lows on both sides. Intermediate-term swing and long-term swing points are detected using the same approach but with a slight modification. Instead of directly analyzing price candles, we now utilize the previously detected short-term swing points. For intermediate-term swing points, we rely on short-term swing points, while for long-term swing points, we use the intermediate-term ones. 🔶 SETTINGS Detection: Period options of the detected swing points. 🔶 RELATED SCRIPTS Pure-Price-Action-Structures. Liquidity-Sweeps.
Pine Script® göstergesi
LuxAlgo tarafından
8
ICT Setup 01 [TradingFinder] FVG + Liquidity Sweeps/Hunt Alerts🔵 Introduction The ICT (Inner Circle Trader) style of trading involves analyzing the behavior of market participants and market makers to identify areas where fake buy and sell activities occur. This trading style helps retail traders align with market maker behavior and avoid falling into market traps. A key aspect of the ICT strategy is focusing on liquidity hunts. This involves searching for trading opportunities in areas of the market with low liquidity or where other traders have little activity. The ICT method leverages market inefficiencies and weaknesses, allowing traders to profit from small price movements that might go unnoticed by others. In "ICT Setup 01," our focus is on these liquidity areas and stop hunts that form in Fair Value Gaps (FVGs). Trading within FVGs, combined with confirmations from "Hunts" and "Sweeps," can enhance trader performance. 🔵 How to Use The presence of Fair Value Gaps (FVGs) in the market indicates rapid, powerful movements likely caused by the influx of smart money. When the price returns to these levels, a market reaction is expected. Combining this with the complex and deceptive behavior of smart money—such as "Liquidity Sweeps" and "Stop Hunts"—forms an ICT-based price action setup that we expect to perform well. Components of "ICT Setup 01" : ● Fair Value Gap (FVG) ● Premium and Discount ● Hunts / Sweeps Whenever the price returns to an FVG area and reacts in such a way that only the wicks of the candles remain in the area and the candle bodies are outside the FVG, the first condition for creating the setup is met. If subsequent candles hunt the wick that has penetrated the deepest into the FVG, a buy or sell signal is issued. In the format where hunting is based on Sweeps, penetrations that extend even outside the area are considered signals, provided they do not form a body within the area. Additionally, a refining system exists for cases where a candle body forms in the area, optimizing the proximal levels of the FVG. Bullish Setup : Bearish Setup : 🔵 Features and Settings of "ICT Setup 01" You can Find out more in Setting : ● FVG Detector Multiplier Factor ● FVG Validity Period ● Level in Low-Risk Zone ● Issuing Signals Method ● Number of Signals Allowed from a Zone ● Signal after Hunts/Sweeps ● How Many Hunts/Sweeps ● Show or Hide ● Alert Sender FVG Detector Multiplier Factor : This feature allows you to determine the size of the moves forming the FVGs based on the ATR (Average True Range). The default value is 1 to identify the majority of setups. You can increase this value according to the symbol and market you are trading in to achieve better results. FVG Validity Period : This shows the validity period of an FVG based on the number of candles. By default, an FVG area is valid for up to 15 candles. However, you can increase or decrease this period. Level in Low-Risk Zone : This feature helps reduce your risk. The method works by identifying the entire length of the three candles forming the FVG and dividing it into two equal areas. The upper area is "Premium," and the lower area is "Discount." To reduce risk, it is better for "Demand FVG" to be in the "Discount" and "Supply FVG" in the "Premium." This feature is off by default. Issuing Signals Method : This feature allows you to specify whether the hunt should occur only within the FVG area or if the wicks can extend outside the area. If set to "Hunts," only signals where the wicks are within the area are issued, and the area loses its validity if the wicks extend outside. In "Sweeps" mode, wicks can extend outside the area as long as they do not form a body within the area. Number of Signals Allowed from a Zone : This feature allows you to specify how many valid signals can be issued from one area. Signal after Hunts/Sweeps : In markets or symbols with a tendency for frequent stop hunts, this feature allows you to specify how many hunts should occur before you receive a signal to avoid receiving potentially failed signals. How Many Hunts/Sweeps : Enter the number of hunts you want to set for the "Signal after Hunts/Sweeps" feature here. Show or Hide : The number of setups formed may be very large, and displaying all of them on the chart can be distracting and messy. By default, only the last setup is displayed, but if you want to see all setups, you can turn on the relevant options. Alert Sender : You cannot constantly monitor multiple charts to identify trading opportunities. Using the alert sending feature can save time and improve performance. Alerts Name : Customize the alert name to your preference. Message Frequency : Determines the frequency of alert messages. Options include 'All' (triggers every time the function is called), 'Once Per Bar' (triggers only on the first call within the bar), and 'Once Per Bar Close' (triggers only on the final script execution of the real-time bar upon closure). The default is 'Once per Bar.' Show Alert Time by Time Zone : Configure the alert messages to reflect any chosen time zone. For instance, input 'UTC+1' for London time. The default is 'UTC.' By configuring these settings, traders can effectively utilize ICT setups to improve their trading strategies and outcomes.
Pine Script® göstergesi
TFlab tarafından
12
Session Sweeps [LuxAlgo]The Session Sweeps indicator combines ICT-based features for a complete trading methodology involving market sessions, market structure, and fair value gaps to find optimal entry conditions for trading price action. Traders frequently tend to place stop/limit orders at the high and low points of major trading sessions such as Asian (Tokyo), European (London), and North American (New York), resulting in the establishment of liquidity pools at those particular levels. The Session Sweeps indicator is crafted to recognize and underscore occurrences of session sweeps or liquidity sweeps during these major trading sessions. 🔶 USAGE Default settings utilize major forex trading sessions, yet users can select their preferred opening and closing times, rename the sessions, or adjust the colors. It's important to note that the specified times for each session align with the respective local timezones: Asian (Tokyo) UTC+9, European (London) UTC, and North American (New York) UTC-5. If the price briefly crosses either the highest or lowest point of a market session. These movements, aiming at triggering stop losses, suggest potential shifts in the market direction. Detecting such movements is the fundamental purpose and core functionality of the script. 🔹Market Structure Shifts A Market Structure Shift refers to a change in market direction, either from an uptrend to a downtrend or vice versa. A part of a common entry model when using session sweeps is waiting for the formation of a CHoCH after a session sweep. 🔹Fair Value Gaps A Fair Value Gap (FVG) holds particular appeal for price action traders, emerging when there are inefficiencies or imbalances in the market, often a result of uneven buying and selling activity. The underlying concept of FVGs is that the market tends to revisit these inefficiencies before resuming its trajectory in alignment with the initial impulsive move. After the formation of a CHoCH traders can enter a position when the price enters the area of a Fair Value Gap (FVG). 🔹Setup Examples This entry setup is commonly used by ICT traders and is shared for informational & educational purposes only. Long Positions (5-Minute Timeframe): Wait for the previous session's low to be swept. Look for a Bullish Choch. Find a Bullish FVG formed by or before the Choch. Entry Point: At the FVG. Take Profit (TP): At the session high or aim for a 1:2 Risk-Reward Ratio. Stop Loss (SL): At the session low or nearest Swing Low. Take partial profits at intermediate swings, but don’t shift SL prematurely. Short Positions (5-Minute Timeframe): Wait for the previous session's high to be swept. Look for a Bearish Choch. Find a FVG formed by or before the Choch. Entry Point: At the FVG. Take Profit (TP): At the previous session's low or aim for a 1:2 RR. Stop Loss (SL): At the session high or nearest Swing High. Take partial profits at intermediate swings, but don’t shift SL prematurely. 🔶 SETTINGS 🔹Session Sweeps Buyside Sweep Zones, Color, and Margin: toggles the visibility of bullside sweep zones, customizes the associated color, and sets the margin value defining the range of a bullside sweep zone. Sellside Sweep Zones, Color, and Margin: toggles the visibility of sell-side sweep zones, customizes the associated color, and sets the margin value defining the range of a sell-side sweep zone. Sweep Margin Length: specifies the maximum allowed length of a sweep zone invalidation, the length over which the price slightly invalidated the margin range. Detect Sweeps Once per Session: if enabled will detect only once a sweep zone within a session. Hide Fake Sweep Zones, and Color: controls the visibility and color of the fake sweep zones. 🔹Sessions Session (Asia, London, New York AM, and New York PM), Start Time, and End Time: enables or disables the visibility of the named market session range, and customization of the session hours. Color: color customization option of the named session. Extend Max/Min: extends the highest and lowest price levels of the named session until the end of the next enabled session. This option is recommended to be enabled when sweep zone detection is activated to observe the relationship between the sweep zone and previous session extreme levels. Extend Mid: extends the mean price levels of the named session until the end of the next enabled session. The extended line may serve as potential support and resistance levels. Fill: enables/disables background coloring of the named session. New York DST | London DST: enabling this option initiates Daylight Saving Time (DST) for New York or London. Note: Daylight Saving Time is not applied to the Asian (Tokyo) session. Sessions Extreme Lines | Sessions Names: toggles the visibility of the highest and lowest price levels, as well as the names, for all market sessions. Session Lines Width: sets the width of the lines for all sessions. Session Fill Transparency: sets the background color transparency of the range for all sessions. 🔹Market Structure Shifts Market Structure Shifts: toggles the visibility of market structure shifts, also known as change of character (CHoCH). Detection Length: specifies the detection length. Market Structure Shifts; Bull & Bear: color customization options. 🔹Fair Value Gaps Fair Value Gaps: toggles the visibility of the fair value gaps. Fair Value Gap Width Filter: specifies the filtering multiplier; additional details can be found in the tooltip of the respective input option. Bullish & Bearish Imbalance: color customization options. 🔹Sessions Tabular View Sessions Tabular View: toggles the visibility of the tabular view of the sessions, displaying date &time, status, and countdown counter. Hide if not Forex Market Instrument: checks the market and automatically enables/disables the option based on the market instrument. Table Text Size & Position: size and placement customization options 🔶 LIMITATIONS Please be aware that fair value gap filtering cannot be applied to the initial 144 candles (with a fixed-length ATR) as the ATR value necessary for filtering won't be available during this period. 🔶 RELATED SCRIPTS Buyside-Sellside-Liquidity Sessions Liquidity-Voids-FVG Thank you to our community for the recommendation of this script. To explore additional conceptual scripts and related content, we invite you to visit >>> LuxAlgo-Scripts .
Pine Script® göstergesi
LuxAlgo tarafından
27
Consecutive Unswept Lower Highs/ Higher Lows CounterCounts consecutive Lower Highs and Higher Lows; number resets to zero when previous pivot high or low gets swept -To help give an idea of when a retracement / run-on-stops may be overdue. i.e. the higher the counter number grows, the longer we've gone without a proper retracement. //inputs// ~pivot lookback/lookforward: increase this for more significant pivot highs and lows. ~number of pivot high 'counter' labels (pairs) to show in history. ~formatting options.
Pine Script® göstergesi
twingall tarafından
9
Typical Sweeps: Pivot high/low boxes. Grade sweeps, Handles/PipsTool to show typical pip-grade/ handle-grade sweep distance above pivot highs and pivot lows -In consolidation/ranging periods (i.e. most of the time); Highs/Lows may by swept by fairly consistent distances in typical stop raids. -Idea is from ICT teaching on typical Pip-grade sweeps in FX (10,20,30pips). Designed to work on FX, Indices, Commodities, Bitcoin. -Above chart shows S&P; sweeping below and then above by 5 handles. ///inputs/// ~choose sweep distance handles ($) or pips: will auto-calculate depending on the asset: FX= pips; Indices/stocks/commodities = handles ($) --(2,5,10,20,30,50,100, 500, 1000) ~choose pivot lookback: larger number for more significant swing highs/lows ~choose number of historical boxes to display ~toggle on/off Pivot high boxes and Pivot low boxes independently ~extend boxes fully to the right (default is not extend) ~toggle on/off text ~text & box formatting options Bitcoin, hourly chart; Pivot lookback = 15; $100 sweep boxes: Eur/Usd; 15m chart; Pivot lookback = 30; 10pip sweep boxes; Boxes extended fully to the right:
Pine Script® göstergesi
twingall tarafından
20