KALKI TFXBOT

The KALKI TFXBOT indicator provides an automated trading framework designed to identify and execute trades based on Smart Money Concepts (SMC) liquidity sweeps. It detects price action where market participants are "trapped" by identifying wicks that pierce key structural levels before aggressively reversing, offering a systematic way to trade alongside institutional order flow.

Usage

The Usage section describes how the script can be used to identify high-probability entries in volatile markets. This tool is primarily utilized on intraday timeframes, such as the 5-minute or 15-minute charts, and is optimized for assets like XAUUSD (Gold), Silver, and Brent Crude.

The script functions by identifying "Liquidity Pools" (swing highs and lows). When the price moves beyond these levels and subsequently closes back within the previous structure, the script triggers an entry.

• Bullish Setup: Occurs when the price wicks below a Support (Liquidity Floor) but closes back above it, provided the price is also above the EMA Trend Guard.
• Bearish Setup: Occurs when the price wicks above a Resistance (Liquidity Ceiling) but closes back below it, provided the price is also below the EMA Trend Guard.

The indicator includes a visual Risk:Reward (R:R) engine that automatically projects Take Profit and Stop Loss boxes onto the chart once a trade is initiated. To maintain a clean interface, users can disable default "Executions" in their platform settings to focus solely on the indicator's custom visual output.

Details

The KALKI TFXBOT utilizes a combination of structural analysis and trend filtering to refine its signals.

• Liquidity Sweeps: The core logic relies on pivot-based support and resistance levels. By using specific lookback periods for swing points, the script identifies areas where retail stop losses are likely clustered.
• Trend Guard: A 200-period Exponential Moving Average (EMA) acts as a directional filter. Long trades are only permitted when the price is above the EMA, and short trades are only permitted when the price is below the EMA, ensuring alignment with the macro institutional trend.
• Dynamic Risk Management: The stop loss is mathematically anchored to the extreme of the "sweep wick," adding a user-defined buffer to account for slippage or spread. The Take Profit is then calculated based on a fixed R:R multiplier (defaulting to 1:3).

Settings

🛡️ CARTEL RISK MANAGEMENT

• Risk to Reward Ratio: Sets the target profit multiple relative to the stop loss (e.g., a setting of 3 creates a 1:3 RR trade).
• Stop Loss Buffer (Pips): Adds a small additional margin to the stop loss level, placed beyond the high/low of the sweeping wick to prevent premature exits.

⚡ SMC FILTERS

• EMA Trend Guard: Defines the length of the EMA used to filter trades based on the dominant trend.
• Swing Left Lookback: The number of bars to the left required to confirm a pivot point for liquidity levels.
• Swing Right Lookback: The number of bars to the right required to confirm a pivot point for liquidity levels.

FAQ

How do I use the KALKI TFXBOT on my charts? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free. Search for "KALKI TFXBOT" in the indicators menu to apply it to your active chart.

Which assets are best suited for this script? While it can be used on various symbols, it is specifically tuned for high-volatility assets such as Gold (XAUUSD), Silver, and Oil, where liquidity sweeps are common occurrences.

Can I change the risk-to-reward ratio? Yes, the "Risk to Reward Ratio" setting in the inputs menu allows you to adjust the target profit level. The default is set to 3.0 to target a 1:3 R:R.