Liquidity Raids

A raid/sweep occurs when price takes out a previous high/low i.e., price sweeps a level, grabs liquidity and reverses. When this occurs in higher time frames (HTF) like 1h, 4h, daily, etc., there's a greater chance for minor/major reversal/pullback in lower time frames (LTF). For clarification, this is not my concept - ICT students and price action traders call it "liquidity grab", some call it "stop hunt", some call it "evil market maker", etc. There are some indicators which plot this already, but none of them have what I need (multi-timeframe support and filtering swing points).

Typically, we look for raids in HTF, which is set to the timeframe parameter of the indicator. Then, we go into LTF for execution, and we'll see HTF raids plotted there (which greatly eases backtesting and execution). We can also check "filter swing points" to only show raids of swing points (3-candle pattern).

The above chart shows this indicator in action (1m chart showing raids from 15m with swing point filter enabled).

This indicator also supports setting alerts for raids.

הערות שחרור:

Alert only on HTF bar close

הערות שחרור:

Fix HTF alert

הערות שחרור:

Allow only 1 or 2 alerts per HTF bar close

הערות שחרור:

Major update

• Adds support for raids into significant levels (Monday range, previous daily range, previous weekly range)
  
• Can display significant levels currently being monitored
  
• Also has the option to exclude normal raids (if you're only interested in level raids) or disable level raids (so that you can go back to the first version of the indicator)
  
• Alerts for raids into significant levels
  

NOTE: The timeframe defined will be used for all kinds of raids.

Could be buggy, but will fix bugs as I find :)

הערות שחרור:

Major update: Session raids

• Support for raids on previous session highs and lows (Asia, London, NY, Sydney - all configurable in NY local time)
  
• Shows session ranges as boxes (with names), but can also be disabled if you have other indicators to do it
  
• Adds 5-bar pattern for swing points
  
• Also adds monthly highs and lows to the list of supported significant levels
  

הערות שחרור:

Auto-adjust DST so that session ranges don't get affected

הערות שחרור:

• Updated default sessions to KZ (session names can now be configured)
  
• Bug on Monday range being extended on HTF (like daily) because of default line length (removed it entirely)
  
• Fixed wrong calculation of Monday range in legacy markets because of pine script bug in dayofweek indexes
  
• Optional labels for raids on levels
  

הערות שחרור:

Minor update: Make sessions DST friendly (allow specifying UTC/London/NY times)

הערות שחרור:

Use session names on alerts

הערות שחרור:

Remove raid lines beyond a specified number

הערות שחרור:

• Removed capping for maximum lookback bars
  
• Supports specifying minimum pips required for raids
  
• Fixed buggy raids on equal highs/lows and 5-bar swing fractal
  

הערות שחרור:

Add filter to ignore raids outside of sessions and fix bug in repainting same raid multiple times

הערות שחרור:

Support limiting maximum session boxes displayed

הערות שחרור:

Support changing label sizes

הערות שחרור:

Shorthand labels are supported for levels and they also optionally include prices.

הערות שחרור:

Support displaying pips of raids and drawing session range lines (as an alternative to boxes)

הערות שחרור:

Choch support

• Added support for detecting choch based on pivots (in any higher timeframe relative to the current chart). You'll need to experiment with pivot lengths though.
  
• Chochs can be filtered to the first one occurring immediately after a raid.
  
• Alerts can be configured to trigger on either raids, or after first choch following raid, or both.
  

הערות שחרור:

Fixed bug when max. raids/chochs are limited to one.

הערות שחרור:

Workaround for pinescript causing intermittent issues with drawing raid lines when changing timeframes.

הערות שחרור:

- Got rid of pivot-based lookup for chochs. Instead going for swing highs/lows and market structure shifts. This is what works for me and what I find useful (not planning to go back to pivots again).
- Also fixed lookback errors for higher values. We can now go for up to 5000 candles and sometimes more (which will take time, but raids will show up).
- Choch detection is activated whenever a swing point of interest is taken out (which includes candle closes as well, for which raids are not marked, however filters are taken into account for such swing points) and only chochs following raids are displayed (it complicates the code for me otherwise).

הערות שחרור:

Don't display raid or choch when timeframe is higher than configured

הערות שחרור:

• Minor fixes
  Option for disabling raids, opposite choch,
  
• Display lines for daily, monthly, weekly and custom time (thinking about adding raids of open lines somehow)
  
• Swing points for chochs and raids are considered when they have 2 equal highs or lows in them (flexible 4-candle pattern instead of fixed 3-candles)
  

הערות שחרור:

Support customizing open lines and add 3 custom opens

הערות שחרור:

Generalized padding for levels and added line style for opens and levels

הערות שחרור:

Enable/disable opens based on checkbox

הערות שחרור:

Alert once per bar close

הערות שחרור:

Fixed some bugs and added open line history for one custom open (useful for true day open)

הערות שחרור:

Support plotting and alerting swing formation

הערות שחרור:

Increase labels count and support setting alert frequency.

הערות שחרור:

Fix open lines history so that chart doesn't autofit

הערות שחרור:

Display nearest external liquidity

הערות שחרור:

Fixed bug in min pips filter

הערות שחרור:

Update chart

הערות שחרור:

Update chart

הערות שחרור:

Add filter for min. highs/lows that need to be raided