Smart Sweep Detector

Liquidity Sweep Detector MT5 — FREE

Automatically detects liquidity sweeps on swing highs and swing lows. When price breaks beyond a key level and closes back inside the range, the indicator marks it with a clear arrow on your chart — the exact moment smart money grabs liquidity and reverses.

What it does:

This indicator identifies swing highs and swing lows, draws them on your chart, and monitors when price sweeps beyond these levels. A sweep occurs when price breaks a swing point by a minimum distance and then closes back inside — a classic sign of institutional order flow grabbing stop losses before reversing.

Bullish sweeps (price sweeps a low and reverses up) are marked with green arrows. Bearish sweeps (price sweeps a high and reverses down) are marked with red arrows. Each sweep triggers a popup alert so you never miss one.

Key features:

• Automatic swing point detection with configurable lookback
• Real-time sweep detection with instant popup alerts
• Visual liquidity levels drawn as horizontal lines from each swing point
• Lines change color when swept — see exactly which levels have been taken
• Works on any symbol and any timeframe
• Lightweight — no lag, no repaint
• Fully configurable colors, sizes, and sensitivity

Inputs:

• SwingLookback (default 3) — bars on each side to confirm a swing point
• MinSweepPips (default 3.0) — minimum distance beyond the swing to qualify as a sweep
• MaxHistorySweeps (default 50) — how many sweeps to display on chart
• ShowAlerts, ShowSwingPoints, ShowLiquidityLevels — toggle each visual layer
• Customizable colors for bullish/bearish arrows, swing markers, and liquidity levels

Best used on:

M15, H1 and H4 for swing trading. M5 for intraday scalping. Works on forex pairs, gold (XAUUSD), indices, and crypto.

How traders use it:

• Identify where liquidity pools are building (clusters of swing highs/lows)
• Wait for the sweep to trigger — smart money has grabbed the stops
• Enter in the reversal direction after the sweep confirms
• Combine with session analysis and market structure for higher probability setups

Coming in PRO version:

Multi-timeframe overlay, trend filter, multi-pair dashboard, push notifications, advanced statistics, and unlimited history.

Created by pipsandcode.

Disclaimer

This indicator is provided for informational and educational purposes only and does not constitute financial, investment, trading, or other professional advice. The creator does not guarantee any profits, performance, or specific results from using this product. Trading financial markets involves significant risk and may result in the loss of some or all of your capital.

Past performance or signals generated by this indicator are not indicative of future results. Users are solely responsible for their own trading decisions and should conduct their own research and risk management before entering any trade. By using this product, you acknowledge that the creator shall not be held liable for any losses, damages, or financial outcomes resulting from the use of this indicator.

Use this tool at your own risk.