📌 Swing Failure Pattern (SFP) Indicator on TradingView - Free [TradingFinder]

Video Summary

The video discusses the Swing Failure Pattern (SFP) Indicator available on TradingView, designed for traders using ICT (Inner Circle Trader) and smart money strategies. It outlines how the indicator helps identify swing failure patterns, incomplete breakout areas, and negative Liquidity Accumulation.

Main Financial Strategies and Concepts

• Swing Failure Pattern (SFP): A trading strategy that identifies areas where the price fails to maintain a breakout, indicating potential reversals.
• Liquidity Accumulation: The indicator helps traders identify areas where liquidity is gathered above or below key price levels.
• SFP Types: The indicator categorizes SFPs into three types:
  • All SFPs
  • Real SFPs (not associated with Liquidity Accumulation)
  • Considerable SFPs (failures occurring outside support/resistance that revert back)

Methodology/Step-by-Step Guide

1. Accessing the Indicator:
   • Search for the SFP Indicator in the TradingView indicator section.
   • Add it to favorites for easier access.
2. Adjusting Settings:
   • Swing Period Settings: Choose between longer-term and shorter-term swings by adjusting the value.
   • SFP Type Selection:
     • Select 'All' to display all SFPs.
     • Select 'Real' for SFPs without Liquidity Accumulation.
     • Select 'Considerable' for failures outside support/resistance.
   • Max Swing Back Settings: Choose to identify all past swings or a custom number (default is 100).
   • Candle Return Period: Set the period for price return to its range (default is 4).
   • Display Options: Enable or disable the display of SFPs and customize colors.
   • Alert Settings: Configure alerts based on preferences (frequency and time zone).
3. Interpreting Signals:

   Recognize SFP signals generated when price movements revert after reaching swing levels.

Presenters/Sources

• TradingFinder (The source of the indicator and tutorial).