OPEN-SOURCE SCRIPT
已更新

XRS Swing Failure Patterns + Alerts

466
XRS Swing Failure Patterns + Alerts is a modified version of the original LuxAlgo Swing Failure Pattern script.

The original SFP detection logic is credited to LuxAlgo. This XRS version keeps the core swing failure pattern concept while adding small modifications, styling adjustments, and dedicated alert conditions for multiple timeframes.

This indicator identifies bullish and bearish Swing Failure Patterns, where price sweeps a prior swing high or swing low and then closes back through the level. These patterns are commonly used to identify potential liquidity sweeps, failed breakouts, stop runs, and reversal areas.

Features include:

• Bullish and bearish SFP detection
• Swing length customization
• Optional volume validation
• Optional lower-timeframe volume validation
• Swing lines
• Confirmation lines
• Swing failure wick markers
• SFP labels
• Optional dashboard
• Alerts when an SFP prints on 1m, 5m, 15m, 1h, 4h, and 1D timeframes

This version was modified by XRStrading / chasingkilowatts to make the script better suited for discretionary trading workflows, especially for traders who use liquidity sweeps, session highs/lows, VWAP, order flow, and auction-market concepts.

Original Author: LuxAlgo
Modifications: XRStrading / chasingkilowatts

This script is based on original LuxAlgo work and remains subject to the original attribution and license terms.

Disclaimer: This script is for educational and informational purposes only and does not constitute financial advice. Trading involves risk. Use at your own discretion.
版本注释
Updating to fix the preview.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。