OPEN-SOURCE SCRIPT
Liquidity Sweep Sequence
This indicator marks stop-hunt sweeps and, more importantly, counts how many
consecutive sweeps have occurred on the same side.
WHAT A SWEEP IS
Traders cluster their stops in predictable places: longs put theirs below the
last swing low, shorts put theirs above the last swing high. Those clusters are
resting liquidity. A sweep happens when price spikes through one of those levels,
triggers the stops, and then closes back on the original side — a wick through,
not a break.
The distinction that matters:
• Close beyond the level = a real breakout, trend continuation
• Close back inside = a sweep, failed breakout, potential reversal
WHY THE SEQUENCE COUNT
A single sweep is often just noise. What I found more useful is when they stack:
the first sweep traps, price fails to reverse, then a second sweep takes out an
even lower low. The second one is where selling pressure is actually exhausted.
The indicator labels these SWEEP, SWEEP², SWEEP³ and so on. The count resets when
an opposite-side sweep appears or when too many bars pass. By default the second
sweep must take out a deeper low (or higher high) to continue the sequence —
otherwise the count restarts at 1.
HOW IT WORKS
1. Swing highs and lows are tracked as liquidity levels using pivots.
2. A level is dropped as soon as price CLOSES through it. Once price closes above
a swing high, that liquidity has already been taken and the level can no longer
produce a sweep signal. This is the single most important filter here — without
it, stale levels from far back generate false signals during trends.
3. A sweep requires: wick through an untouched level, close back inside, a minimum
wick ratio, a minimum reclaim distance, and the bar must be a genuine local
extreme (if the wick does not exceed recent bars, no stops were actually hit).
4. Next-bar confirmation requires the following candle to close in the reversal
direction before the label is drawn.
5. Significance tiering: a sweep is marked "major" only when the wick is the
extreme of the last N bars. Minor sweeps inside ranges are hidden by default.
All labels are drawn on confirmed bars only, so nothing repaints.
HOW I USE IT
My own preference is the 1H chart, entering on SWEEP² — the second sweep in a
sequence. The first sweep tells me the level is being attacked; the second one is
where I act.
This is built for short-term perpetual futures trading and works best there. The
reason is mechanical: perps run 24/7 with no gaps, they are heavily leveraged, and
liquidation clusters are dense and public. Stop hunts on perps are a real, visible
event rather than a metaphor. On instruments with overnight gaps, daily price
limits, or low leverage, a long wick often does not represent a genuine sweep at
all, and signal quality degrades noticeably.
Suggested timeframes: 15m to 4H. Lower is noisy; the daily compresses multi-hour
hunts into a single candle and loses the event.
LIMITATIONS — please read
• This is a mean-reversion tool, not a trend tool. A sweep is by definition a
FAILED breakout, while a trend start is a SUCCESSFUL one. The two are mutually
exclusive, so this indicator will not flag the beginning of a large trend, and
it is not designed to.
• It only detects double-top and double-bottom style reversals. A V-shaped top
that simply prints a new high and falls has no prior level above it to sweep,
so no signal can appear there.
• Signals occur more frequently in ranging conditions. That is inherent to the
concept, not a defect.
• Next-bar confirmation costs one bar of delay. Turn it off for immediacy at the
cost of more failed signals.
• Pivot detection needs bars on both sides, so levels are registered with a lag
equal to the swing sensitivity setting.
• Parameters need adjusting per market and timeframe. On 15m, the major-sweep
lookback should be lowered to roughly 40–60.
SETTINGS WORTH TOUCHING FIRST
• Swing sensitivity — the main tightness control
• Major sweep lookback — how significant a sweep must be to display
• Show 2nd sweep and beyond only — reduces the chart to sequence signals alone
• Show untouched liquidity levels — draws the levels currently being tracked so
you can verify the structure logic yourself
Alerts are included for major sweeps and for the second sweep in a sequence.
This indicator is a visualization and analysis tool. It does not generate buy or
sell recommendations and nothing here is financial advice. Test any approach on
your own before risking capital.
────────────────────────────────────────────────────────────────────
【繁體中文說明】
本指標標記獵殺止損的掃蕩訊號，並且會計算同方向連續掃蕩的次數。
什麼是掃蕩
交易者的停損放在可預測的位置：做多的放在前低下方，做空的放在前高上方。這些成堆
的停損就是「流動性」。當價格刺破那個價位、觸發停損，然後收盤又收回原本那一側，
就是一次掃蕩——是影線穿過，不是真正突破。
關鍵區別：
• 收盤站在價位外側 = 真突破，趨勢延續
• 收盤收回內側 = 掃蕩，假突破，可能反轉
為什麼要算連續次數
單一次掃蕩常常只是雜訊。比較有用的是它們接連出現：第一次掃蕩是陷阱，價格沒能反
轉，接著第二次掃蕩創了更低的低點——第二次才是賣壓真正耗盡的地方。
指標會標成 SWEEP、SWEEP²、SWEEP³。出現反向掃蕩或間隔過久就歸零重算。預設要求第
二次必須創更低低點（或更高高點）才算延續，否則計數從 1 重新開始。
運作方式
1. 用 pivot 追蹤前高前低作為流動性價位。
2. 價格一旦「收盤」穿過某個價位，該價位立刻作廢。收盤站上前高，代表那裡的流動性
已經被吃掉，不再是掃蕩目標。這是本指標最重要的過濾——沒有這一層，久遠以前的
死線會在趨勢中不斷產生假訊號。
3. 掃蕩成立條件：影線穿過未被吃掉的價位、收盤收回、影線佔比達標、收回幅度達標，
且該K棒必須創局部極值（影線若沒超過近期K棒，代表根本沒有停損被觸發）。
4. 隔根確認：要求下一根收盤朝反轉方向，才畫出標籤。
5. 重要度分級：影線必須是近 N 根的極值才標為「主要」。震盪區間的次要掃蕩預設隱藏。
所有標籤都在收K後才繪製，不會重繪。
我自己怎麼用
我個人偏好 1 小時線，在 SWEEP²（連續第二次掃蕩）進場。第一次告訴我這個價位正在被
攻擊，第二次才是我動手的地方。
這支是為短線永續合約設計的，在那裡效果最好。原因是機制上的：永續 24 小時不間斷、
沒有跳空、槓桿高，清算價位密集而且公開。永續上的獵殺止損是實際發生、看得見的事件，
不是比喻。在有隔夜跳空、漲跌幅限制、或低槓桿的商品上，一根長影線常常根本不代表真
正的掃蕩，訊號品質會明顯下降。
建議時框：15 分鐘到 4 小時。更低太雜；日線把數小時的獵殺壓縮成一根K棒，事件本身就
消失了。
限制（請務必閱讀）
• 這是均值回歸工具，不是趨勢工具。掃蕩的定義就是「突破失敗」，而趨勢起點是「突破
成功」，兩者互斥。所以它不會標出大趨勢的起點，也不是為此設計的。
• 只偵測得到雙頂／雙底型的反轉。直接創新高然後下跌的 V 型頂，上方根本沒有前高可
掃，不可能出現訊號。
• 震盪盤中訊號較密集。這是概念本身的性質，不是缺陷。
• 隔根確認會延遲一根。關掉可即時，但假訊號會變多。
• Pivot 需要左右兩側的K棒，所以價位登記會延遲，延遲根數等於靈敏度設定值。
• 參數需依市場與時框調整。15 分鐘線建議把主要掃蕩回看根數降到 40–60。
本指標為視覺化與分析工具，不產生買賣建議，內容不構成投資建議。任何做法請自行驗證
後再投入資金。
consecutive sweeps have occurred on the same side.
WHAT A SWEEP IS
Traders cluster their stops in predictable places: longs put theirs below the
last swing low, shorts put theirs above the last swing high. Those clusters are
resting liquidity. A sweep happens when price spikes through one of those levels,
triggers the stops, and then closes back on the original side — a wick through,
not a break.
The distinction that matters:
• Close beyond the level = a real breakout, trend continuation
• Close back inside = a sweep, failed breakout, potential reversal
WHY THE SEQUENCE COUNT
A single sweep is often just noise. What I found more useful is when they stack:
the first sweep traps, price fails to reverse, then a second sweep takes out an
even lower low. The second one is where selling pressure is actually exhausted.
The indicator labels these SWEEP, SWEEP², SWEEP³ and so on. The count resets when
an opposite-side sweep appears or when too many bars pass. By default the second
sweep must take out a deeper low (or higher high) to continue the sequence —
otherwise the count restarts at 1.
HOW IT WORKS
1. Swing highs and lows are tracked as liquidity levels using pivots.
2. A level is dropped as soon as price CLOSES through it. Once price closes above
a swing high, that liquidity has already been taken and the level can no longer
produce a sweep signal. This is the single most important filter here — without
it, stale levels from far back generate false signals during trends.
3. A sweep requires: wick through an untouched level, close back inside, a minimum
wick ratio, a minimum reclaim distance, and the bar must be a genuine local
extreme (if the wick does not exceed recent bars, no stops were actually hit).
4. Next-bar confirmation requires the following candle to close in the reversal
direction before the label is drawn.
5. Significance tiering: a sweep is marked "major" only when the wick is the
extreme of the last N bars. Minor sweeps inside ranges are hidden by default.
All labels are drawn on confirmed bars only, so nothing repaints.
HOW I USE IT
My own preference is the 1H chart, entering on SWEEP² — the second sweep in a
sequence. The first sweep tells me the level is being attacked; the second one is
where I act.
This is built for short-term perpetual futures trading and works best there. The
reason is mechanical: perps run 24/7 with no gaps, they are heavily leveraged, and
liquidation clusters are dense and public. Stop hunts on perps are a real, visible
event rather than a metaphor. On instruments with overnight gaps, daily price
limits, or low leverage, a long wick often does not represent a genuine sweep at
all, and signal quality degrades noticeably.
Suggested timeframes: 15m to 4H. Lower is noisy; the daily compresses multi-hour
hunts into a single candle and loses the event.
LIMITATIONS — please read
• This is a mean-reversion tool, not a trend tool. A sweep is by definition a
FAILED breakout, while a trend start is a SUCCESSFUL one. The two are mutually
exclusive, so this indicator will not flag the beginning of a large trend, and
it is not designed to.
• It only detects double-top and double-bottom style reversals. A V-shaped top
that simply prints a new high and falls has no prior level above it to sweep,
so no signal can appear there.
• Signals occur more frequently in ranging conditions. That is inherent to the
concept, not a defect.
• Next-bar confirmation costs one bar of delay. Turn it off for immediacy at the
cost of more failed signals.
• Pivot detection needs bars on both sides, so levels are registered with a lag
equal to the swing sensitivity setting.
• Parameters need adjusting per market and timeframe. On 15m, the major-sweep
lookback should be lowered to roughly 40–60.
SETTINGS WORTH TOUCHING FIRST
• Swing sensitivity — the main tightness control
• Major sweep lookback — how significant a sweep must be to display
• Show 2nd sweep and beyond only — reduces the chart to sequence signals alone
• Show untouched liquidity levels — draws the levels currently being tracked so
you can verify the structure logic yourself
Alerts are included for major sweeps and for the second sweep in a sequence.
This indicator is a visualization and analysis tool. It does not generate buy or
sell recommendations and nothing here is financial advice. Test any approach on
your own before risking capital.
────────────────────────────────────────────────────────────────────
【繁體中文說明】
本指標標記獵殺止損的掃蕩訊號，並且會計算同方向連續掃蕩的次數。
什麼是掃蕩
交易者的停損放在可預測的位置：做多的放在前低下方，做空的放在前高上方。這些成堆
的停損就是「流動性」。當價格刺破那個價位、觸發停損，然後收盤又收回原本那一側，
就是一次掃蕩——是影線穿過，不是真正突破。
關鍵區別：
• 收盤站在價位外側 = 真突破，趨勢延續
• 收盤收回內側 = 掃蕩，假突破，可能反轉
為什麼要算連續次數
單一次掃蕩常常只是雜訊。比較有用的是它們接連出現：第一次掃蕩是陷阱，價格沒能反
轉，接著第二次掃蕩創了更低的低點——第二次才是賣壓真正耗盡的地方。
指標會標成 SWEEP、SWEEP²、SWEEP³。出現反向掃蕩或間隔過久就歸零重算。預設要求第
二次必須創更低低點（或更高高點）才算延續，否則計數從 1 重新開始。
運作方式
1. 用 pivot 追蹤前高前低作為流動性價位。
2. 價格一旦「收盤」穿過某個價位，該價位立刻作廢。收盤站上前高，代表那裡的流動性
已經被吃掉，不再是掃蕩目標。這是本指標最重要的過濾——沒有這一層，久遠以前的
死線會在趨勢中不斷產生假訊號。
3. 掃蕩成立條件：影線穿過未被吃掉的價位、收盤收回、影線佔比達標、收回幅度達標，
且該K棒必須創局部極值（影線若沒超過近期K棒，代表根本沒有停損被觸發）。
4. 隔根確認：要求下一根收盤朝反轉方向，才畫出標籤。
5. 重要度分級：影線必須是近 N 根的極值才標為「主要」。震盪區間的次要掃蕩預設隱藏。
所有標籤都在收K後才繪製，不會重繪。
我自己怎麼用
我個人偏好 1 小時線，在 SWEEP²（連續第二次掃蕩）進場。第一次告訴我這個價位正在被
攻擊，第二次才是我動手的地方。
這支是為短線永續合約設計的，在那裡效果最好。原因是機制上的：永續 24 小時不間斷、
沒有跳空、槓桿高，清算價位密集而且公開。永續上的獵殺止損是實際發生、看得見的事件，
不是比喻。在有隔夜跳空、漲跌幅限制、或低槓桿的商品上，一根長影線常常根本不代表真
正的掃蕩，訊號品質會明顯下降。
建議時框：15 分鐘到 4 小時。更低太雜；日線把數小時的獵殺壓縮成一根K棒，事件本身就
消失了。
限制（請務必閱讀）
• 這是均值回歸工具，不是趨勢工具。掃蕩的定義就是「突破失敗」，而趨勢起點是「突破
成功」，兩者互斥。所以它不會標出大趨勢的起點，也不是為此設計的。
• 只偵測得到雙頂／雙底型的反轉。直接創新高然後下跌的 V 型頂，上方根本沒有前高可
掃，不可能出現訊號。
• 震盪盤中訊號較密集。這是概念本身的性質，不是缺陷。
• 隔根確認會延遲一根。關掉可即時，但假訊號會變多。
• Pivot 需要左右兩側的K棒，所以價位登記會延遲，延遲根數等於靈敏度設定值。
• 參數需依市場與時框調整。15 分鐘線建議把主要掃蕩回看根數降到 40–60。
本指標為視覺化與分析工具，不產生買賣建議，內容不構成投資建議。任何做法請自行驗證
後再投入資金。
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.