OPEN-SOURCE SCRIPT
Volume Liquidity Sweep [XWiseTrade]
Liquidity Sweep with Volume Confirmation
Most liquidity sweep and stop-hunt indicators rely on price geometry alone — they flag any wick past a prior high or low.
The problem: in quiet conditions, price drifts past old levels with no real participation, producing constant false signals. This indicator adds the missing dimension: it only flags a sweep when volume confirms it.
What makes it different
A sweep is marked only when the breaking candle trades above a configurable multiple of average volume. Low-volume drifts past a level are ignored. This is the core distinction from geometry-only sweep tools — real liquidity grabs leave a volume footprint; quiet fakeouts don't.
What it shows
•Auto-detected swing highs/lows where liquidity rests (pivot-based)
•Bull sweep — price wicks below a prior low, then closes back above, on confirmed volume
•Bear sweep — price wicks above a prior high, then closes back below, on confirmed volume
Swept levels marked on the chart
Inputs
Pivot lookback, volume average length, volume spike multiplier, signal cooldown, level display toggle.
Built-in alerts for both directions. These are descriptive market-structure signals for discretionary use, not buy/sell recommendations.
Most liquidity sweep and stop-hunt indicators rely on price geometry alone — they flag any wick past a prior high or low.
The problem: in quiet conditions, price drifts past old levels with no real participation, producing constant false signals. This indicator adds the missing dimension: it only flags a sweep when volume confirms it.
What makes it different
A sweep is marked only when the breaking candle trades above a configurable multiple of average volume. Low-volume drifts past a level are ignored. This is the core distinction from geometry-only sweep tools — real liquidity grabs leave a volume footprint; quiet fakeouts don't.
What it shows
•Auto-detected swing highs/lows where liquidity rests (pivot-based)
•Bull sweep — price wicks below a prior low, then closes back above, on confirmed volume
•Bear sweep — price wicks above a prior high, then closes back below, on confirmed volume
Swept levels marked on the chart
Inputs
Pivot lookback, volume average length, volume spike multiplier, signal cooldown, level display toggle.
Built-in alerts for both directions. These are descriptive market-structure signals for discretionary use, not buy/sell recommendations.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
X marks your alpha. Trade wise.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
X marks your alpha. Trade wise.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.