Liquidity Sweeps and Raids

The Liquidity Sweeps and Raids indicator identifies and visualizes key liquidity runs based on structural price violations. By automating the detection of fractal-based raids and sweeps, it helps traders understand liquidity zones and potential points of interest for trend reversals or continuations.

Usage

The script is designed to automate the markup of liquidity levels, which are often targets for institutional price movement.

• Sweeps/Raids: A sweep occurs when price violates a 3-bar fractal level and then quickly reverts. These are plotted as horizontal lines on the chart.
• Type Selection: Users can choose between "Regular" sweeps (any violation) or "Wick Only" (where the body of the candle must close back within the level).
• Multi-Timeframe Analysis: The tool can detect liquidity levels from various timeframes (1m up to Weekly) and project them onto the current chart, allowing for hierarchical liquidity analysis.
• Automatic Cleanup: When "Delete broken" is enabled, the script removes levels that have been decisively invalidated by price, keeping the chart clean.

Details

Liquidity sweeps are a core concept in price action trading, representing areas where stop orders are triggered before a reversal. This indicator calculates these levels by scanning historical bars for swing points (fractals) and tracking if the current price action has interacted with them. It specifically looks for instances where price breaches a prior swing high or low but fails to sustain momentum, suggesting a "liquidity grab" has occurred.

Settings

Who Dares Wins

• Type: Selects the detection logic (Regular or Wick Only).
• Delete broken: When enabled, automatically removes historical sweep lines once price breaches them in the opposite direction.
• Style: Sets the line style (Solid, Dotted, Dashed).
• Line Width: Adjusts the thickness of the plotted levels.
• Colors: Individual color settings for Bullish and Bearish sweeps across different timeframes (Chart, 5m, 60m, Daily).
• Labels: Toggles the visibility of timeframe labels on the levels.
• Timeframe Selection: A series of checkboxes (Chart, 1, 3, 5, 15, 30, 45, 1h, 2h, 3h, 4h, D, W) allowing users to specify which timeframes the script should monitor for liquidity levels.

FAQ

How do I access Liquidity Sweeps and Raids?

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

What is the difference between a Regular and Wick Only sweep?

A Regular sweep triggers as soon as the price touches or exceeds the fractal level. A Wick Only sweep requires the price to breach the level but close back inside it, signifying a more specific type of liquidity grab.

Can I use this for automated alerts?

Yes, the script is optimized for alerts. You can set up a TradingView alert to notify you whenever a new Bullish or Bearish sweep is detected.