PDH/PDL + Alerts + Liquidity Sweep Reversal

قبل ساعتين

This indicator is designed for traders who utilize Price Action to identify high-probability reversal zones at daily liquidity levels. It automatically plots the Previous Day High (PDH) and Previous Day Low (PDL) and monitors them for institutional "fake-outs" or liquidity sweeps.

Core Functionality
Daily Liquidity Levels: Automatically fetches and plots the PDH and PDL with custom labels and line styles.

Strict Reversal Logic: Unlike standard breakout indicators, this script looks for specific "trap" behavior where price pierces a level and is immediately rejected.

Institutional Precision Tooltips: Includes built-in precision guides for Wick Percentages and Lookback counts based on professional trading standards.

The "Strict Reversal" Setup
The indicator only triggers a Buy/Sell label when three specific criteria are met:

The Lookback: The level must have been respected as a boundary for a user-defined number of candles (Default: 7), confirming its strength.

The Sequence: The candle must open on the "safe" side of the level, pierce through it to grab liquidity, and then close back on the original side.

The Rejection (Wick %): The candle must leave a significant wick (Default: 72%). This 72% threshold aligns with the 2.5x Wick-to-Body ratio, signaling a violent institutional rejection.

Alert Options
The script features four consolidated alert conditions for seamless automation:

Sell Signal (Rejection): Triggers on strict bearish wick sweeps at key levels.

Buy Signal (Rejection): Triggers on strict bullish wick sweeps at key levels.

Price Cross Up: Alerts when price breaks above either PDH or PDL.

Price Cross Down: Alerts when price breaks below either PDH or PDL.

How to Use
Scalping: Use a 3–5 candle lookback on the 1m or 5m timeframe.

Intraday Reversals: Use the 7–10 candle lookback on the 5m or 15m timeframe for standard SMC setups.

Swing Trading: Use the 15+ candle lookback on the 1h or 4h timeframe to target major daily liquidity pools.

قبل ساعة واحدة

ملاحظات الأخبار

This indicator is designed for traders who utilize Price Action to identify high-probability reversal zones at daily liquidity levels. It automatically plots the Previous Day High (PDH) and Previous Day Low (PDL) and monitors them for institutional "fake-outs" or liquidity sweeps.

Core Functionality
Daily Liquidity Levels: Automatically fetches and plots the PDH and PDL with custom labels and line styles.

Strict Reversal Logic: Unlike standard breakout indicators, this script looks for specific "trap" behavior where price pierces a level and is immediately rejected.

Institutional Precision Tooltips: Includes built-in precision guides for Wick Percentages and Lookback counts based on professional trading standards.

The "Strict Reversal" Setup
The indicator only triggers a Buy/Sell label when three specific criteria are met:

The Lookback: The level must have been respected as a boundary for a user-defined number of candles (Default: 7), confirming its strength.

The Sequence: The candle must open on the "safe" side of the level, pierce through it to grab liquidity, and then close back on the original side.

The Rejection (Wick %): The candle must leave a significant wick (Default: 72%). This 72% threshold aligns with the 2.5x Wick-to-Body ratio, signaling a violent institutional rejection.

Alert Options
The script features four consolidated alert conditions for seamless automation:

Sell Signal (Rejection): Triggers on strict bearish wick sweeps at key levels.

Buy Signal (Rejection): Triggers on strict bullish wick sweeps at key levels.

Price Cross Up: Alerts when price breaks above either PDH or PDL.

Price Cross Down: Alerts when price breaks below either PDH or PDL.

How to Use
Scalping: Use a 3–5 candle lookback on the 1m or 5m timeframe.

Intraday Reversals: Use the 7–10 candle lookback on the 5m or 15m timeframe for standard SMC setups.

Swing Trading: Use the 15+ candle lookback on the 1h or 4h timeframe to target major daily liquidity pools.