Liquidity Sweep Hunter Algo

Liquidity Sweep Hunter Algo identifies liquidity highs and lows across three different lookback periods and keeps them active until they are mitigated. This creates a persistent view of where resting liquidity has formed instead of only showing the latest swing points.

The indicator also displays a heatmap that highlights the relative strength of active liquidity levels and generates reversal signals after price sweeps multiple visible liquidity bands before reclaiming them. Optional trade drawings project a stop loss, reward target, and intermediate target levels directly on the chart.

• Liquidity Level — A price extreme detected from fast, medium, and slow lookback windows. Matching levels are merged so nearby highs or lows are treated as the same liquidity area. • Liquidity Heatmap — A visual strength map where colour represents the relative strength of each active liquidity level compared to the other visible levels. • Multi-Level Liquidity Sweep — A reversal condition where price sweeps at least two visible liquidity bands and then closes back beyond the reclaim level within a limited number of bars. An optional strength filter can require the swept levels to exceed a minimum average strength.

• Watch the heatmap to identify where stronger liquidity has accumulated around current price. • Wait for a bullish or bearish sweep signal after price clears multiple liquidity bands and reclaims the area. • Use the optional trade projection as a visual reference for the calculated stop loss, reward target, and target milestones. • Increase the lookback values to focus on broader liquidity zones or decrease them to detect more local levels. • Adjust the sweep strength filter if you want signals only when stronger liquidity zones are involved.