Asian Range and Liquidity Sweeps
- Indicators
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Kayode Michael Oyetunde
Hi! I’m a Data Analyst and MQL5 Developer. Whether you have a question about my existing products or need a custom MT4/MT5 tool built from scratch, I’m here to help. Feel free to reach out! - Version: 1.0
- Activations: 15
Asian Range and Liquidity Sweeps identifies and alerts on liquidity sweeps of key session and multi-day levels. It maps the Asian, London and New York ranges, the previous day and week, and equal highs and lows, then alerts when price sweeps one of these levels and closes back inside. Historical reversal statistics are also shown for each level type on the current symbol so that past behaviour can be reviewed. The statistics are clearly labelled as historical only and are not a prediction.
Features
- Asian, London and New York session highs and lows, with a shaded Asian range box
- Previous day and previous week highs and lows (PDH/PDL, PWH/PWL)
- Equal highs and equal lows detected on a volatility-based tolerance
- Sweep detection on closed bars only: penetration, reclaim, breakout filter and wick filter
- Optional displacement confirmation for stricter signals
- Killzone filter to signal only in the hours you trade
- Historical reversal statistics per level type, with a clear “not a prediction” label
- Movable, collapsible dashboard showing session timer, Asian range, level status and last sweep
- Popup, sound, push and email alerts, one per sweep
- EA-ready buffers: buy signal, sell signal, nearest intact high and low
- Presets (Conservative, Balanced, Aggressive) plus full manual control
- Light on resources: incremental calculation and a capped object count
Inputs explained
- Preset: sets the sweep filters in one click. Choose Custom to use your own values.
- Time mode / GMT offset / DST rule: tells the indicator how your broker’s clock relates to GMT. Use Manual in the Strategy Tester.
- Session hours: GMT start and end for each session.
- MinPenetration / MaxPenetration: how far price must poke beyond a level (in ATR) to count as a sweep, and the depth beyond which it is treated as a breakout.
- ReclaimBars: how many bars price has to close back inside the level.
- MinWickRatio: minimum wick share of the sweep bar.
- FirstSweepOnly: a level can signal once.
- ConfirmationMode: sweep only, or sweep plus a displacement close beyond the last opposite swing.
- Killzone: restrict signals to chosen GMT windows.
- Stats days / RewardATR / StatsBars: how the historical reversal rate is measured.
FAQ
- Does it repaint? No. Signals are made on closed bars and never move or disappear.
- Which timeframes? M1 to H4. Higher timeframes show a message.
- Which symbols? Forex, gold, indices and crypto CFDs.
- Do the statistics predict the next trade? No. They describe how past sweeps on this symbol behaved.
- Why do my session times look off? Check Time mode and DST rule. Use Manual mode in the Strategy Tester.
