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GoAlgo - LQ Sweep & SFP Detector
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.
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.
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.
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.
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.