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.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Free tools & education → xwisetrade.com | Community → discord.gg/BUVfRjey2u
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Free tools & education → xwisetrade.com | Community → discord.gg/BUVfRjey2u
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.