Sweeps & IFVGs

Sweeps & IFVGs watches the two reversal events price action traders prize most. It flags every liquidity sweep — price pushing past a prior swing high or low before turning back — and tracks fair value gaps until one fails, at which point it becomes an inverse fair value gap: a zone now watched for the opposite role. Sweep areas can extend across the chart, an ATR-scaled filter admits only meaningful gaps, and alerts fire on both event types.

How to Trade the Sweeps & IFVGs?

• Sweep zones: a marked sweep shows where stops were likely collected; the highlighted area can extend rightward as a reference for later reactions.
• IFVG retests: once a close through the gap confirms the inversion, watch for a reaction when price returns — support-side interest becomes resistance-side interest, and vice versa.
• Choose your sweep definition: focus strictly on wicks, include break-and-retrace cases, or take both, via the Sweep Options input.
• Size matters: only gaps exceeding the volatility filter, a multiple of ATR, are processed — minor gaps never reach the chart.

A cap on displayed IFVGs keeps the workspace clean even on gap-prone markets.

Sweeps & IFVGs Settings

• Swings: lookback for the swing highs and lows used in sweep detection.
• Sweep Options: wicks only, outbreaks and retests, or both, with bullish and bearish sweep colors.
• Extend Sweep Areas / Max Bars to Extend: project sweep zones to the right and cap how long they persist.
• Show Inverse FVGs / Volatility Filter Multiplier / Max Displayed IFVGs: toggle IFVG zones, set the ATR-based size filter, and limit active boxes.
• Alert on Liquidity Sweeps / Alert on IFVG Inversions: notifications for each event type.

Frequently Asked Questions

When does a fair value gap become inverted here?

Only when the closing price breaches the gap, which the script treats as a shift in the sentiment that created it. From then on the zone is highlighted as a potential reaction area playing the opposite role.

Can I measure the volume inside a sweep?

Not with this tool — it marks the events themselves. Sweep Volume Index fills that need by counting intrabar volume traded beyond the swept level, making the pair a complete sweep workflow.

How is the indicator accessed?

Through the LuxAlgo Library, free of charge. This page can also launch it inside Quant, LuxAlgo's AI, if you'd like to explore sweep and inversion behavior across history.