Liquidity Sweep Reversal Signals MT4

Paid release: Liquidity Sweep Reversal Signals MT4 is a paid MetaCoderStore indicator. Use the product comments for setup questions, feature requests, and feedback for future updates.

Liquidity Sweep Reversal Signals marks candles that run a recent swing high or swing low, then close back inside the prior range as a possible stop-run reversal.

Use cases

• Spot buy-side or sell-side liquidity grabs around recent highs and lows.
• Find potential reversal candles after a sweep has rejected back inside the range.
• Feed confirmed sweep signals into an EA, scanner, or alert workflow through stable buffers.

What it shows

• Green up arrows for bullish sell-side sweeps that close back above the swept low.
• Red down arrows for bearish buy-side sweeps that close back below the swept high.
• Small level markers at the swept high or low so the rejection point is visible on the chart.

Main features

• Configurable sweep lookback window.
• ATR-based minimum penetration filter to reduce tiny false sweeps.
• Optional close-back-inside confirmation.
• Optional reversal-body confirmation.
• Closed-bar confirmation option to avoid current-candle repainting.
• EA-readable buy, sell, sweep price, and direction buffers.

Basic use steps

1. Add the indicator to an active chart.
2. Use SweepLookbackBars to define the recent high/low range.
3. Increase MinSweepAtr if you only want larger stop-runs.
4. Use the signal as context, not as a complete trade system.

Inputs

• SweepLookbackBars: number of prior candles used to define the swept high or low.
• AtrPeriod: ATR period used for the penetration filter and arrow spacing.
• MinSweepAtr: minimum sweep distance as a fraction of ATR.
• RequireCloseBackInside: requires the candle to close back inside the prior range.
• RequireReversalBody: requires a bullish body for buy signals and bearish body for sell signals.
• ConfirmClosedBarsOnly: ignores the currently forming candle.
• MaxCalculatedBars: calculation limit for performance; set 0 for all available bars.
• ShowSignalMarkers: turns visible arrows and level dots on or off.

Buffers for EA integration

• Buffer 0: visible buy arrow price.
• Buffer 1: visible sell arrow price.
• Buffer 2: visible bullish sweep level dot.
• Buffer 3: visible bearish sweep level dot.
• Buffer 4: buy signal, value 1 on signal bars and 0 otherwise.
• Buffer 5: sell signal, value -1 on signal bars and 0 otherwise.
• Buffer 6: swept level price.
• Buffer 7: direction, value 1 for bullish sweeps and -1 for bearish sweeps.

Risk note

No indicator guarantees entries or exits. Liquidity sweeps can fail or continue in the original direction, especially during news, thin liquidity, or strong trends. Test settings on demo data before using them in live trading.