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Actualizado Previous Week Liquidity Sweep
PW Liquidity Sweep (Multi-TF)
Concept:
This indicator identifies Liquidity Sweeps (Stop Hunts) occurring at the Previous Week High (PWH) and Previous Week Low (PWL). These levels are major liquidity pools where "Smart Money" often traps retail traders before reversing the price.
How it works:
Previous Week Levels: Automatically fetches and plots the High (Red) and Low (Green) from the last week.
Bullish Sweep (Green Triangle): Triggered when the price dips below the PWL but manages to close back above it. This suggests a "Bear Trap" or a cleanup of Sell-side liquidity.
Bearish Sweep (Red Triangle): Triggered when the price breaks above the PWH but closes back below it. This suggests a "Bull Trap" or a cleanup of Buy-side liquidity.
How to Use:
Entry: Look for the triangle signals when the price reacts to the dashed lines.
Context: Works best on Intraday timeframes (M15 to H1) for precise entries.
Confirmation: Most effective when these "sweeps" occur at key support/resistance zones or moving averages (like SMA 100/200).
Risk Management: Place your Stop Loss (SL) just beyond the "wick" (high/low) of the sweep candle.
Concept:
This indicator identifies Liquidity Sweeps (Stop Hunts) occurring at the Previous Week High (PWH) and Previous Week Low (PWL). These levels are major liquidity pools where "Smart Money" often traps retail traders before reversing the price.
How it works:
Previous Week Levels: Automatically fetches and plots the High (Red) and Low (Green) from the last week.
Bullish Sweep (Green Triangle): Triggered when the price dips below the PWL but manages to close back above it. This suggests a "Bear Trap" or a cleanup of Sell-side liquidity.
Bearish Sweep (Red Triangle): Triggered when the price breaks above the PWH but closes back below it. This suggests a "Bull Trap" or a cleanup of Buy-side liquidity.
How to Use:
Entry: Look for the triangle signals when the price reacts to the dashed lines.
Context: Works best on Intraday timeframes (M15 to H1) for precise entries.
Confirmation: Most effective when these "sweeps" occur at key support/resistance zones or moving averages (like SMA 100/200).
Risk Management: Place your Stop Loss (SL) just beyond the "wick" (high/low) of the sweep candle.
Notas de prensa
Update chart example. Use this indicator with confluence for a better result.Notas de prensa
Update can be choose multi-timeframe.Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.