OPEN-SOURCE SCRIPT

take liquidity multi time frame_tradesystem

1 960
🧠 System Logic

The script is based on a "sweep + move" model, where the market first generates liquidity and then moves with directional intent.

1. Range Structure

The previous candlestick is used as a reference to define a micro-range:

Previous High
Previous Low

This range acts as a liquidity zone.

2. Manipulation (Sweep)

The system detects when the price:

Breaks the previous low (searching for buy stops)
Breaks the previous high (searching for sell stops)

This represents the institutional manipulation phase.

3. Directional Confirmation

After manipulation, confirmation is required through:

Moving candlesticks (actual price expansion)
Clear candlestick body direction

The indicator offers two modes:

🔹 Simple Mode
Based on basic directional momentum
Candlestick structure + continuation
🔸 Institutional Mode
Stricter filter:
Dominant candlestick body
Expansion above the average true range (ATR)
Close near extremes
Detects more “intentional” and cleaner movement

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