OPEN-SOURCE SCRIPT
Asia Session Liquidity + Weekly VWAP Strategy v2
1. Market Bias (Trend Filter)
The core of the strategy is the Weekly VWAP (Volume Weighted Average Price):
Price above VWAP: Look for LONG signals only (Buy). Ignore all sell signals.
Price below VWAP: Look for SHORT signals only (Sell). Ignore all buy signals.
2. Identifying the "Trap" (Liquidity)
The strategy waits for the market to make a false move to hunt stops (Liquidity Grab):
For LONG: Price must drop below the Asia Low (the minimum of the 00:00–08:00 UTC session) or an H4 BS LIQ (Buy-Side Liquidity) level.
For SHORT: Price must rise above the Asia High (the maximum of the 00:00–08:00 UTC session) or an H4 SS LIQ (Sell-Side Liquidity) level.
3. Entry Condition (The Confirmation)
Simply breaking the level is not enough. The script waits for a confirmed Liquidity Grab:
The price must pierce the level (break it) but then close back inside the range, leaving a wick/shadow behind.
This indicates that institutional players have "flushed out" retail stops and the price is ready to reverse.
4. Trading Hours (The Killzones)
The best results occur after 08:00 UTC (London Open) and during the New York session.
The Asia Session (00:00–08:00 UTC) is used only to build liquidity (set the levels). The script does not generate entry signals during this time because the "trap" is still being set.
How to use it in practice:
Check the Dashboard: If it says "BULLISH," wait for the price to drop to the blue line (Asia Low).
Wait for the Signal: When a green triangle (LONG) appears under a candle, it means liquidity was grabbed and the price closed back above the level.
Take Profit (TP): Usually the opposite side of the Asia range (e.g., if you entered at the Low, target the High) or the Weekly VWAP.
Stop Loss (SL): A few pips below the wick of the candle that grabbed the liquidity.
This is a "Smart Money" approach—you don't chase the breakout; you wait for the market to "fake out" other traders and then join the reversal.
The core of the strategy is the Weekly VWAP (Volume Weighted Average Price):
Price above VWAP: Look for LONG signals only (Buy). Ignore all sell signals.
Price below VWAP: Look for SHORT signals only (Sell). Ignore all buy signals.
2. Identifying the "Trap" (Liquidity)
The strategy waits for the market to make a false move to hunt stops (Liquidity Grab):
For LONG: Price must drop below the Asia Low (the minimum of the 00:00–08:00 UTC session) or an H4 BS LIQ (Buy-Side Liquidity) level.
For SHORT: Price must rise above the Asia High (the maximum of the 00:00–08:00 UTC session) or an H4 SS LIQ (Sell-Side Liquidity) level.
3. Entry Condition (The Confirmation)
Simply breaking the level is not enough. The script waits for a confirmed Liquidity Grab:
The price must pierce the level (break it) but then close back inside the range, leaving a wick/shadow behind.
This indicates that institutional players have "flushed out" retail stops and the price is ready to reverse.
4. Trading Hours (The Killzones)
The best results occur after 08:00 UTC (London Open) and during the New York session.
The Asia Session (00:00–08:00 UTC) is used only to build liquidity (set the levels). The script does not generate entry signals during this time because the "trap" is still being set.
How to use it in practice:
Check the Dashboard: If it says "BULLISH," wait for the price to drop to the blue line (Asia Low).
Wait for the Signal: When a green triangle (LONG) appears under a candle, it means liquidity was grabbed and the price closed back above the level.
Take Profit (TP): Usually the opposite side of the Asia range (e.g., if you entered at the Low, target the High) or the Weekly VWAP.
Stop Loss (SL): A few pips below the wick of the candle that grabbed the liquidity.
This is a "Smart Money" approach—you don't chase the breakout; you wait for the market to "fake out" other traders and then join the reversal.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。