Swing judas setup
- Indicators
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Benjamin Quispe Flores
Professional MQL5 / MQL4 Developer specializing in automated trading systems (Expert Advisors), custom indicators, and quantitative trading tools for MetaTrader 4 & 5.
Clean, optimized, and bug-free code
Risk management & multi-timeframe strategies implementation - Version: 3.80
- Activations: 5
Swing Judas Setup
The Swing Judas Setup identifies a potential false breakout beyond a confirmed price range. After price sweeps liquidity above the range high or below the range low, the indicator waits for a strong Market Structure Shift (MSS) in the opposite direction.
It then looks for a Fair Value Gap (FVG) created by the displacement move. A signal is generated when price pulls back into that FVG, offering a potential entry area. The stop-loss is placed beyond the sweep extreme with an ATR-based buffer, while the take-profit is calculated using the selected risk-to-reward ratio.
The indicator is designed and parameterized for EUR/USD on the 15-minute chart. Configure the session filter according to the London session and your broker’s server time. Other currency pairs and timeframes may behave differently, so test and adjust the settings before using them. Signals are confirmed on closed candles, which is intended to prevent repainting.
