OPEN-SOURCE SCRIPT
Smart Liquidity V4
# Smart Liquidity V4 - Optimal Few Entry Strategy
## 📌 Overview
This indicator is designed to identify **few but high-probability** entries using the logic: **Sweep → CHoCH → Retest → Strict Confirm**.
---
## 🎯 Core Logic
### 1. **Liquidity Detection**
- Identifies buy/sell liquidity levels using pivot high/low
- Determines the nearest liquidity level
- Tracks whether liquidity has been swept
### 2. **Structure Analysis**
- Marks HH/HL (Higher High / Higher Low) and LH/LL (Lower High / Lower Low)
- Identifies BOS (Break of Structure)
- Identifies CHoCH (Change of Character - trend reversal)
### 3. **Entry Logic Flow**
```
Sweep (Liquidity taken)
↓
CHoCH (Trend change confirmed)
↓
Retest (Price returns to confirm)
↓
Strict Confirm (Ultra strict candle confirmation)
↓
ENTRY (1:3 FIXED)
```
### 4. **Confirmation Rules (ULTRA STRICT Mode)**
- Bull/Bear engulfing candle pattern
- Body size > 1.25x of average body
- Close > previous high / < previous low
- Body size > 1.2x of average body
### 5. **Risk Management**
- **Fixed 1:3** Risk/Reward ratio
- SL placed at ATR * 0.8 distance
- TP calculated based on 1:3 ratio
---
## ⚙️ Settings
### 📊 LIQUIDITY
| Parameter | Default | Description |
|-----------|---------|-------------|
| Left Bars | 5 | Number of bars to the left |
| Right Bars | 5 | Number of bars to the right |
| Max Age | 500 | How long to keep liquidity levels |
| Min Fresh Bars | 25 | Minimum age requirement for fresh liquidity |
### 🏗️ STRUCTURE
| Parameter | Default | Description |
|-----------|---------|-------------|
| Left | 5 | Structure left bars |
| Right | 5 | Structure right bars |
| Lookback | 25 | Lookback period for BOS/CHoCH |
| ATR Filter | 0.12 | ATR filter multiplier |
### 🕯️ CONFIRMATION
| Parameter | Default | Description |
|-----------|---------|-------------|
| Confirm Mode | ULTRA STRICT | Confirmation mode |
| Body > SMA* | 1.25 | Body size multiplier |
| RSI Filter | ON | Use RSI filter |
| EMA 50/200 Filter | ON | Use EMA trend filter |
### 🚀 ENTRIES
| Parameter | Default | Description |
|-----------|---------|-------------|
| Entry Mode | Reversal (High WR) | Entry mode selection |
| Sweep→CHoCH max | 10 | Max bars from Sweep to CHoCH |
| CHoCH→Confirm max | 8 | Max bars from CHoCH to Confirm |
| Cooldown | 40 | Wait time between entries |
| Min Prob % | 55 | Minimum probability threshold |
### ⚖️ RISK
| Parameter | Default | Description |
|-----------|---------|-------------|
| FIXED 1:3 | 3.0 | Fixed RR ratio |
| SL ATR Buffer | 0.8 | SL ATR multiplier |
---
## 🎨 Visual Elements
### Displayed:
- **Structure Labels**: HH, HL, LH, LL, BOS, CHoCH
- **Entry Signals**: LONG/SHORT signals on chart
- **Entry/SL/TP Lines**: Last entry levels (visible for 200 bars)
- **Info Table**: W/L count and WinRate
### Hidden (Removed):
- ❌ Liquidity lines
- ❌ Position boxes
- ❌ Large panels
---
## 📈 Statistics Tracked
The indicator tracks:
- **Total Trades** count
- **Wins/Losses** count
- **WinRate %** = Wins / (Wins + Losses) * 100
- **Best Win/Loss Streak**
- **Last Result** (WIN/LOSS)
---
## 🔔 Alerts
Two alert conditions available:
1. `OPTIMAL LONG 1:3` - Buy signal
2. `OPTIMAL SHORT 1:3` - Sell signal
---
## 💡 Recommendations
### To Get Fewer Entries:
- Increase `Cooldown`: 40 → 60
- Increase `Min Prob %`: 55 → 65
### To Get More Entries:
- Decrease `Cooldown`: 40 → 25
- Decrease `Min Prob %`: 55 → 50
### To Improve WinRate:
- Keep `ULTRA STRICT` mode
- Increase `Body > SMA*`: 1.25 → 1.5
- Increase `SL ATR Buffer`: 0.8 → 1.0
---
## 📝 Notes
- This indicator is designed for **few but high-quality** entries
- Should generate only 1-3 entries per day (market dependent)
- 1:3 RR is fixed but adjustable
- Works profitably when WinRate is 55%+
## 📌 Overview
This indicator is designed to identify **few but high-probability** entries using the logic: **Sweep → CHoCH → Retest → Strict Confirm**.
---
## 🎯 Core Logic
### 1. **Liquidity Detection**
- Identifies buy/sell liquidity levels using pivot high/low
- Determines the nearest liquidity level
- Tracks whether liquidity has been swept
### 2. **Structure Analysis**
- Marks HH/HL (Higher High / Higher Low) and LH/LL (Lower High / Lower Low)
- Identifies BOS (Break of Structure)
- Identifies CHoCH (Change of Character - trend reversal)
### 3. **Entry Logic Flow**
```
Sweep (Liquidity taken)
↓
CHoCH (Trend change confirmed)
↓
Retest (Price returns to confirm)
↓
Strict Confirm (Ultra strict candle confirmation)
↓
ENTRY (1:3 FIXED)
```
### 4. **Confirmation Rules (ULTRA STRICT Mode)**
- Bull/Bear engulfing candle pattern
- Body size > 1.25x of average body
- Close > previous high / < previous low
- Body size > 1.2x of average body
### 5. **Risk Management**
- **Fixed 1:3** Risk/Reward ratio
- SL placed at ATR * 0.8 distance
- TP calculated based on 1:3 ratio
---
## ⚙️ Settings
### 📊 LIQUIDITY
| Parameter | Default | Description |
|-----------|---------|-------------|
| Left Bars | 5 | Number of bars to the left |
| Right Bars | 5 | Number of bars to the right |
| Max Age | 500 | How long to keep liquidity levels |
| Min Fresh Bars | 25 | Minimum age requirement for fresh liquidity |
### 🏗️ STRUCTURE
| Parameter | Default | Description |
|-----------|---------|-------------|
| Left | 5 | Structure left bars |
| Right | 5 | Structure right bars |
| Lookback | 25 | Lookback period for BOS/CHoCH |
| ATR Filter | 0.12 | ATR filter multiplier |
### 🕯️ CONFIRMATION
| Parameter | Default | Description |
|-----------|---------|-------------|
| Confirm Mode | ULTRA STRICT | Confirmation mode |
| Body > SMA* | 1.25 | Body size multiplier |
| RSI Filter | ON | Use RSI filter |
| EMA 50/200 Filter | ON | Use EMA trend filter |
### 🚀 ENTRIES
| Parameter | Default | Description |
|-----------|---------|-------------|
| Entry Mode | Reversal (High WR) | Entry mode selection |
| Sweep→CHoCH max | 10 | Max bars from Sweep to CHoCH |
| CHoCH→Confirm max | 8 | Max bars from CHoCH to Confirm |
| Cooldown | 40 | Wait time between entries |
| Min Prob % | 55 | Minimum probability threshold |
### ⚖️ RISK
| Parameter | Default | Description |
|-----------|---------|-------------|
| FIXED 1:3 | 3.0 | Fixed RR ratio |
| SL ATR Buffer | 0.8 | SL ATR multiplier |
---
## 🎨 Visual Elements
### Displayed:
- **Structure Labels**: HH, HL, LH, LL, BOS, CHoCH
- **Entry Signals**: LONG/SHORT signals on chart
- **Entry/SL/TP Lines**: Last entry levels (visible for 200 bars)
- **Info Table**: W/L count and WinRate
### Hidden (Removed):
- ❌ Liquidity lines
- ❌ Position boxes
- ❌ Large panels
---
## 📈 Statistics Tracked
The indicator tracks:
- **Total Trades** count
- **Wins/Losses** count
- **WinRate %** = Wins / (Wins + Losses) * 100
- **Best Win/Loss Streak**
- **Last Result** (WIN/LOSS)
---
## 🔔 Alerts
Two alert conditions available:
1. `OPTIMAL LONG 1:3` - Buy signal
2. `OPTIMAL SHORT 1:3` - Sell signal
---
## 💡 Recommendations
### To Get Fewer Entries:
- Increase `Cooldown`: 40 → 60
- Increase `Min Prob %`: 55 → 65
### To Get More Entries:
- Decrease `Cooldown`: 40 → 25
- Decrease `Min Prob %`: 55 → 50
### To Improve WinRate:
- Keep `ULTRA STRICT` mode
- Increase `Body > SMA*`: 1.25 → 1.5
- Increase `SL ATR Buffer`: 0.8 → 1.0
---
## 📝 Notes
- This indicator is designed for **few but high-quality** entries
- Should generate only 1-3 entries per day (market dependent)
- 1:3 RR is fixed but adjustable
- Works profitably when WinRate is 55%+
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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.