Liquidity Hunt Candle Color Indicator
- Indicatori
- Md Golam Murshed
- Versione: 1.0
Liquidity Hunt Candle Color Indicator is a Smart Money Concept (SMC) based MT5 indicator designed to detect stop hunts and liquidity sweeps in the market.
Instead of using arrows or objects, this indicator directly colors the candles for a clean and professional chart appearance.
🔎 How It Works
The indicator identifies liquidity hunts using the following logic:
🟣 Sell Liquidity Hunt (Buy-Side Liquidity Sweep)
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Current candle breaks the highest high of previous N candles
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Candle closes bearish (Close < Open)
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Candle is colored Purple
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Indicates possible bearish reversal
🌸 Buy Liquidity Hunt (Sell-Side Liquidity Sweep)
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Current candle breaks the lowest low of previous N candles
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Candle closes bullish (Close > Open)
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Candle is colored Pink
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Indicates possible bullish reversal
