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GoAlgo - LQ Sweep & SFP Detector

GoAlgo - LQ Sweep & SFP Detector
A professional liquidity detection tool based on Swing Failure Pattern (SFP) logic to identify key liquidity sweep points, which are often critical reversal levels in the market.
Key Features:
Liquidity Detection: Automatically identifies when price sweeps previous lows/highs (low < low[1] or high > high[1]) and closes back within the previous range.
Volume Spike Filter: Increases signal reliability by filtering with a 1.5x Volume Multiplier (based on a 20-period SMA), confirming significant market participation at the sweep point.
Visual Interface: Clearly plots "LQ" signals on the chart with green triangles for Buy Zones and red triangles for Sell Zones.
Alert System:
Optimized for professional trading with automated alerts via TradingView:
Low LQ Sweep: Triggers on bullish reversal conditions (Buy Zone).
High LQ Sweep: Triggers on bearish reversal conditions (Sell Zone).
Bar-Close Logic: Configured with alert.freq_once_per_bar_close to ensure clean, singular alerts at the end of every candle closure.
Target Audience:
Ideal for Smart Money Concept (SMC) traders, reversal traders, or those looking to identify high-probability liquidity zones to optimize their entry points.
A professional liquidity detection tool based on Swing Failure Pattern (SFP) logic to identify key liquidity sweep points, which are often critical reversal levels in the market.
Key Features:
Liquidity Detection: Automatically identifies when price sweeps previous lows/highs (low < low[1] or high > high[1]) and closes back within the previous range.
Volume Spike Filter: Increases signal reliability by filtering with a 1.5x Volume Multiplier (based on a 20-period SMA), confirming significant market participation at the sweep point.
Visual Interface: Clearly plots "LQ" signals on the chart with green triangles for Buy Zones and red triangles for Sell Zones.
Alert System:
Optimized for professional trading with automated alerts via TradingView:
Low LQ Sweep: Triggers on bullish reversal conditions (Buy Zone).
High LQ Sweep: Triggers on bearish reversal conditions (Sell Zone).
Bar-Close Logic: Configured with alert.freq_once_per_bar_close to ensure clean, singular alerts at the end of every candle closure.
Target Audience:
Ideal for Smart Money Concept (SMC) traders, reversal traders, or those looking to identify high-probability liquidity zones to optimize their entry points.
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
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。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
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。