Graded Liquidity Sweep
- Göstergeler
- Sürüm: 2.20
- Etkinleştirmeler: 5
This indicator marks the candles where price runs through a liquidity level and turns back. It finds and ranks the levels by itself, so there is nothing to draw by hand. It is made for manual trading on any symbol and timeframe.
What you see on the chart
- A buy or sell arrow on the candle that confirms the reversal. Arrows appear only after that candle has closed, and they do not repaint.
- For every signal: the level that was swept, a stop level and two target levels.
- A label with the type of level that was swept and its strength: Minor, Medium or Major.
- A label where the market breaks structure, shown on the chart as "BOS" (break of structure).
- A status panel with the current market bias, where price sits in its range, how many active levels there are above and below price, and the last signal.
Alerts
Popup, sound, push notification to the MetaTrader mobile app, and email. Each alert fires once, when the signal candle closes, and gives the symbol, timeframe, direction, the level that was swept, the stop and the target.
Parameters
- Liquidity levels: which kinds of levels are used, the higher timeframe, the minimum strength a level needs before it can give a signal, and how long levels are kept.
- Market bias: switch the bias filter on or off, and show or hide the break of structure labels.
- Sweep: how far price has to go beyond a level, and how many candles the reversal may take.
- Confirmation candle: how strong the confirming candle has to be.
- Range filter: switch the range position filter on or off.
- Display: closed candles only or live mode, arrow distance, colours, which lines and labels are drawn, line length, how much history is drawn, and the status panel.
- Alerts: popup, sound (with your own sound file), push notification and email, each on or off.
- Average True Range period: distances are measured in Average True Range, so the same settings can be used on forex, metals, indices and crypto.
Notes
- The indicator does not open or manage trades.
- It has no output buffers, so its signals cannot be read by Expert Advisors or other indicators.
- It works on a chart and in the Strategy Tester in visual mode.
- Signals are calculated on closed candles. The optional live mode also shows signals on the forming candle; those can change or disappear before the candle closes.
- It is a tool for reading liquidity, not a trading system. Use it together with your own analysis and risk management.
