Discussing the article: "Building a Dynamic STF Liquidity Sweep Indicator in MQL5"
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Check out the new article: Building a Dynamic STF Liquidity Sweep Indicator in MQL5.
The article delivers a dynamic MetaTrader 5 indicator that detects liquidity sweeps via swing‑point logic, wick‑ratio thresholds, and engulfing confirmation. It recognizes single‑wick and dual‑candle patterns without a fixed window, updates buy‑/sell‑side targets as price evolves, and invalidates broken levels to maintain a reliable liquidity map.
In SMC, liquidity refers to areas in the market where large clusters of pending orders, stop-losses, or trapped trader positions are concentrated. These areas provide the necessary volume for institutional participants to execute large positions efficiently.
Liquidity is generally categorized into two primary forms:
Buy-Side Liquidity: Refers to the concentration of resting buy orders above the current market price, where breakout buyers place buy-stop pending orders and short sellers position their stop-losses. These liquidity pools are commonly found above swing highs, equal highs, and consolidation ranges (resistance levels).
Author: Chukwubuikem Okeke