Summary of "📊Liquidity Sweep Scanner on TradingView - [TradingFinder]"
TradingView\+indicator&tag=dtdgstoreid-21">Liquidity sweep Scanner Overview
The video presents a detailed overview of the TradingView\+indicator&tag=dtdgstoreid-21">Liquidity sweep Scanner indicator developed by the Trading Finder group, available on TradingView. This tool is designed primarily for price action traders seeking to identify trading opportunities based on Swing highs, Swing lows, and Liquidity sweeps.
Main Financial Strategies and Business Trends
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Liquidity sweep Trading The indicator detects Swing highs and lows and waits for price to perform a Liquidity sweep—reaching and collecting liquidity at these swings. When price fails to break a swing high or low and returns, a buy or sell signal is generated.
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Swing-Based Signal Generation Signals are issued only after candle closes, allowing traders to enter buy or sell trades based on confirmed price action.
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Multi-Symbol and Multi-timeframe monitoring The indicator scans multiple symbols (10 to 20) and various timeframes (from tick to monthly) simultaneously, providing a comprehensive market overview and multiple trading opportunities.
Market Analysis Features
The indicator displays a panel with detailed information for 10 symbols, including:
- Trading symbol and exchange
- Daily percentage change
- Signal type (buy/sell)
- Time frame of the signal
- Last signal timestamp and age
- Entry price and current market direction
Additional features include customization of the table display modes (extended or basic), size, and position on the chart.
Methodology / Step-by-Step Guide to Using the Indicator
Accessing the Indicator
- Available on TradingView under the indicator section by searching “TradingView\+indicator&tag=dtdgstoreid-21">Liquidity sweep Scanner.”
- It is an invite-only script; users must request access via the Trading Finder support section.
- Once access is granted, add it to favorites for quick application.
How the Indicator Works
- Identifies Swing highs and lows based on user-defined calculation periods.
- Waits for price to perform a Liquidity sweep on these swings.
- Generates buy or sell signals when price fails to break the swing and returns to range.
Key Settings and Customization
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Swing Calculation Period: Controls the length of swings detected; higher values yield fewer but more reliable swings, while lower values yield more frequent but less reliable signals.
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Market Structure Period: Default is 21; used to define overall market direction.
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Maximum Number of Swings: Default is 30; limits how far back the indicator looks for swings.
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Maximum Candles Between Swing and Signal: Default is 50; defines the allowed time window for a Liquidity sweep to generate a valid signal.
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Table Display Options: Enable or disable the table on the chart, choose the number of symbols (10–20), select table mode (extended or basic), and adjust size and position.
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Symbol and Timeframe Selection: Monitor up to 20 symbols simultaneously across various timeframes.
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Alert Settings: Enable alerts with customizable names and message frequency (all, once per bar, or per bar close), and set alert timezone (UTC).
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Status Line Display: Option to show or hide input values on the chart’s status line.
Summary
The TradingView\+indicator&tag=dtdgstoreid-21">Liquidity sweep Scanner is a practical, customizable indicator for traders focusing on price action and liquidity-based trading strategies. It provides multi-symbol, multi-timeframe scanning, clear buy/sell signals based on swing and Liquidity sweep concepts, and flexible alerting and display options to enhance trading efficiency.
Presenter / Source: Trading Finder group (no individual presenter named)
Category
Business and Finance