AMD Liquidity Sweep with Alerts

The AMD Liquidity Sweep with Alerts indicator identifies key liquidity levels from the Asian trading session with visual markers and automated alerts to help traders find institutional zones.

Usage

The indicator can be used to identify Asian session ranges and the significant swing points that reside just outside those ranges. By identifying these "Buyside" and "Sellside" liquidity pools, traders can anticipate potential breakouts, S/R flip zones, or reversals during the London and New York sessions.

Example usage scenarios include:

• Liquidity Sweeps: Getting notified when price breaches the closest intermediate swing high above the Asia high or the closest intermediate swing low below the Asia low.
• Session Trading: Using the automated Asia session high/low calculation to frame the day's initial range.
• Breakout Confirmation: Utilizing the price-cross alerts to identify when institutional levels are breached.

Details

The script automatically detects the Asian session based on user-defined hours. It tracks price action to find the session high and low. Simultaneously, it identifies "Intermediate Swing Highs and Lows" based on a pivot sensitivity setting.

The logic specifically seeks the closest significant swing high that is greater than or equal to the Asia session high, and the closest significant swing low that is less than or equal to the Asia session low. These are plotted as extended reference lines, representing key liquidity areas where stop-loss orders or breakout orders are likely clustered.

Settings

• Highlight Intermediate Swing Highs and Lows: Toggles the visual identification of significant swing points.
• Intermediate Swing Label Size: Controls the size of the labels for identified swing levels.
• Show Short Term Swings: Toggles the visibility of minor swing points that do not qualify as intermediate pivots.
• # Candles on Left/Right To Form A Swing Pivot: Adjusts the sensitivity of the pivot detection.
• Asia Session Start/End Hour: Defines the time range for the Asian session calculation (0-23 format).
• Enable Price Cross Alerts: Enables or disables the logic for breakout notifications.
• Enable Real-Time Arrows: Shows triangle markers immediately upon a cross, though they may repaint if the candle close reverses.

FAQ

How do I access AMD Liquidity Sweep with Alerts?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

What is considered an "Intermediate" swing?

An intermediate swing is identified when a new swing high is lower than the previous one (for highs) or a new swing low is higher than the previous one (for lows), marking a structural shift in pivot points.

Can I change the timezone for the Asian session?

Yes, you can adjust the start and end hours in the settings menu to match your local exchange time or preferred trading hours.