OPEN-SOURCE SCRIPT
Updated Edward Smart Liquidity Sweep
Edward Smart Liquidity Sweep is designed to help traders identify potential liquidity sweeps around recent swing highs and swing lows. The script highlights areas where price briefly moves beyond a previous liquidity level before returning back into the range, which may indicate a possible market reaction.
Features
* Buy-side liquidity sweep detection
* Sell-side liquidity sweep detection
* Automatic swing high and swing low identification
* Liquidity level visualization
* Clear sweep labels
* Built-in alert conditions
* Clean chart layout
* Suitable for multiple markets and timeframes
How It Works
The indicator tracks recent swing highs and swing lows to identify potential liquidity areas. When price moves beyond one of these levels and returns back, the script marks it as a potential liquidity sweep. These areas can be used together with market structure, support and resistance, or price action for additional confirmation.
Suitable Markets
* Forex
* Gold (XAUUSD)
* Cryptocurrency
* Indices
* Stocks
Suggested Timeframes
* M15
* M30
* H1
* H4
Alerts
* Buy-side Liquidity Sweep
* Sell-side Liquidity Sweep
Disclaimer
This script is provided for educational and analytical purposes only. It is designed to assist with chart analysis and should not be considered financial advice or a guarantee of future market performance. Always perform your own analysis and apply appropriate risk management before making trading decisions.
Features
* Buy-side liquidity sweep detection
* Sell-side liquidity sweep detection
* Automatic swing high and swing low identification
* Liquidity level visualization
* Clear sweep labels
* Built-in alert conditions
* Clean chart layout
* Suitable for multiple markets and timeframes
How It Works
The indicator tracks recent swing highs and swing lows to identify potential liquidity areas. When price moves beyond one of these levels and returns back, the script marks it as a potential liquidity sweep. These areas can be used together with market structure, support and resistance, or price action for additional confirmation.
Suitable Markets
* Forex
* Gold (XAUUSD)
* Cryptocurrency
* Indices
* Stocks
Suggested Timeframes
* M15
* M30
* H1
* H4
Alerts
* Buy-side Liquidity Sweep
* Sell-side Liquidity Sweep
Disclaimer
This script is provided for educational and analytical purposes only. It is designed to assist with chart analysis and should not be considered financial advice or a guarantee of future market performance. Always perform your own analysis and apply appropriate risk management before making trading decisions.
Release Notes
AlertsBuy-side Liquidity Sweep
Sell-side Liquidity Sweep
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
📈 FREE TELEGRAM CHANNEL
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
📈 FREE TELEGRAM CHANNEL
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.