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GoAlgo - LQ Sweep & SFP Detector

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GoAlgo - LQ Sweep & SFP Detector
A professional liquidity detection tool based on Swing Failure Pattern (SFP) logic to identify key liquidity sweep points, which are often critical reversal levels in the market.

Key Features:
Liquidity Detection: Automatically identifies when price sweeps previous lows/highs (low < low[1] or high > high[1]) and closes back within the previous range.

Volume Spike Filter: Increases signal reliability by filtering with a 1.5x Volume Multiplier (based on a 20-period SMA), confirming significant market participation at the sweep point.

Visual Interface: Clearly plots "LQ" signals on the chart with green triangles for Buy Zones and red triangles for Sell Zones.

Alert System:
Optimized for professional trading with automated alerts via TradingView:

Low LQ Sweep: Triggers on bullish reversal conditions (Buy Zone).

High LQ Sweep: Triggers on bearish reversal conditions (Sell Zone).

Bar-Close Logic: Configured with alert.freq_once_per_bar_close to ensure clean, singular alerts at the end of every candle closure.

Target Audience:
Ideal for Smart Money Concept (SMC) traders, reversal traders, or those looking to identify high-probability liquidity zones to optimize their entry points.

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