This indicator focuses on identifying “SWEEPs” based on taking liquidity at the highs and lows of the price.

The implementation of the strategy SWEEP It is especially decisive in Swing Points, since these serve as the main objective of our operations.

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ALERTS INCLUDED

Example of implementing the strategy:

1. It generates a BULLISH SWEEP.
2. You can enter LONG.
3. If it's a BULLISH SWEEP, look for a long entry with an objective in the SWING HIGH (2—3 pips above).
4. Place your SL just behind the SWEEP (2—3 pips below).

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It is very important for this strategy to take as a reference the Swing Points, since it depends on them where we place so much of the Take Profit Like the Stop loss.

The strategy is based on identifying a SWEEP. After that, we can look for entry opportunities by pointing to the opposite side of the fractal. Remember: if you decide to enter, the Stop Loss must be protected by the SWEEP, and the Take Profit In the Swing opposite, as shown in the example.

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USE IT IN STORMS LONGER THAN 30M

If you decide to use it for shorter periods (below 30M), there is a greater chance of finding Fake SweepS. The most optimal are 1H and 4H.

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USE OF THE STRATEGY

The Strategy SWEEP consists of identifying entry opportunities based on the creation of a SWEEP (liquidity grab) in a Swing High or Swing Low.

Below is an example of an opportunity bassist after taking cash in a Swing High, with a wick but no candle closure above it.

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As you have seen, it is a matter of detecting the moment when the price exceeds a High without the body of the candle closing above. This is what we call a SWEEP.
Every time this happens, the price tends to move towards Swing opposite (either High or Low).

In the following example, you will see more clearly how it works, both in bullish and bearish scenarios.

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INDICATOR SETTINGS

• Cooldown period: line length of the operating range.
• Swing detection: defines the points that will be used as protection for SL and TP.

Viewing options:

• Bullish/Bearish Sweep
• Line Width: line thickness.
• Line Style: line type.
• colour: color customization.