OPEN-SOURCE SCRIPT
Aktualisiert Liquidity Rejection Auto Target
Overview
Liquidity Rejection Auto Target is a price action indicator designed to identify potential liquidity sweeps followed by rejection candles. The indicator automatically highlights possible long and short trading opportunities based on swing high and swing low liquidity concepts while plotting an entry level, stop loss, and a risk-reward based take-profit target.
This tool is intended to assist traders in identifying areas where price briefly moves beyond a recent swing level before returning back inside the range, which may indicate a rejection of that liquidity level.
How It Works
Bullish Setup
- Detects the most recent confirmed swing low.
- Waits for price to move below that swing low (liquidity sweep).
- Confirms the setup when the candle closes back above the swing low.
- Plots a BUY signal.
- Uses the rejection candle low as the Stop Loss.
- Calculates the Take Profit automatically using the selected Risk:Reward ratio.
Bearish Setup
- Detects the most recent confirmed swing high.
- Waits for price to move above that swing high (liquidity sweep).
- Confirms the setup when the candle closes back below the swing high.
- Plots a SELL signal.
- Uses the rejection candle high as the Stop Loss.
- Calculates the Take Profit automatically using the selected Risk:Reward ratio.
Features
• Automatic liquidity sweep detection
• Bullish and bearish rejection confirmation
• Automatic BUY and SELL signals
• Entry, Stop Loss, and Take Profit plotting
• Adjustable swing detection settings
• Configurable Risk:Reward ratio
• TradingView alert support
• Overlay display directly on the price chart
Inputs
Pivot Left / Right
Adjusts how swing highs and swing lows are identified. Larger values produce stronger but less frequent signals, while smaller values react more quickly to price changes.
Risk:Reward
Defines the automatic take-profit distance relative to the calculated stop-loss distance.
Best Practices
This indicator works best on liquid markets where swing highs and swing lows are clearly formed. Many traders use it together with higher-timeframe market structure, trend analysis, support and resistance, or volume confirmation to help filter potential trade setups.
Alerts
TradingView alert conditions are included for both BUY and SELL signals, allowing users to create notifications whenever a new setup is detected.
Disclaimer
This indicator is an analytical tool and should not be considered financial or investment advice. Market conditions vary, and no indicator can guarantee profitable trades. Always perform your own analysis, apply sound risk management, and test any trading strategy before using it in live markets.
Liquidity Rejection Auto Target is a price action indicator designed to identify potential liquidity sweeps followed by rejection candles. The indicator automatically highlights possible long and short trading opportunities based on swing high and swing low liquidity concepts while plotting an entry level, stop loss, and a risk-reward based take-profit target.
This tool is intended to assist traders in identifying areas where price briefly moves beyond a recent swing level before returning back inside the range, which may indicate a rejection of that liquidity level.
How It Works
Bullish Setup
- Detects the most recent confirmed swing low.
- Waits for price to move below that swing low (liquidity sweep).
- Confirms the setup when the candle closes back above the swing low.
- Plots a BUY signal.
- Uses the rejection candle low as the Stop Loss.
- Calculates the Take Profit automatically using the selected Risk:Reward ratio.
Bearish Setup
- Detects the most recent confirmed swing high.
- Waits for price to move above that swing high (liquidity sweep).
- Confirms the setup when the candle closes back below the swing high.
- Plots a SELL signal.
- Uses the rejection candle high as the Stop Loss.
- Calculates the Take Profit automatically using the selected Risk:Reward ratio.
Features
• Automatic liquidity sweep detection
• Bullish and bearish rejection confirmation
• Automatic BUY and SELL signals
• Entry, Stop Loss, and Take Profit plotting
• Adjustable swing detection settings
• Configurable Risk:Reward ratio
• TradingView alert support
• Overlay display directly on the price chart
Inputs
Pivot Left / Right
Adjusts how swing highs and swing lows are identified. Larger values produce stronger but less frequent signals, while smaller values react more quickly to price changes.
Risk:Reward
Defines the automatic take-profit distance relative to the calculated stop-loss distance.
Best Practices
This indicator works best on liquid markets where swing highs and swing lows are clearly formed. Many traders use it together with higher-timeframe market structure, trend analysis, support and resistance, or volume confirmation to help filter potential trade setups.
Alerts
TradingView alert conditions are included for both BUY and SELL signals, allowing users to create notifications whenever a new setup is detected.
Disclaimer
This indicator is an analytical tool and should not be considered financial or investment advice. Market conditions vary, and no indicator can guarantee profitable trades. Always perform your own analysis, apply sound risk management, and test any trading strategy before using it in live markets.
Versionshinweise
What's improved: • Better signal quality • Cleaner chart visualization • Improved performance and stability • Minor bug fixes and optimizationsThank you for being part of the community. More improvements and features are planned for future updates.
Happy Trading! 📈
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
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Get daily high-quality Forex, Gold & Crypto trading signals designed to help you trade with confidence.
exness broker one.exnessonelink.com/a/g8y6w860c5
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
t.me/ExpertTrading_Signals
📈 Join Our Official Telegram Channel!
Get daily high-quality Forex, Gold & Crypto trading signals designed to help you trade with confidence.
exness broker one.exnessonelink.com/a/g8y6w860c5
📈 Join Our Official Telegram Channel!
Get daily high-quality Forex, Gold & Crypto trading signals designed to help you trade with confidence.
exness broker one.exnessonelink.com/a/g8y6w860c5
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.