[GrandAlgo] HTF Swing Sweep & Reversal Indicator

HTF Swing Sweep & Reversal Indicator

This indicator is built to spot liquidity sweeps of Higher Timeframe (HTF) swing levels and highlight potential reversal opportunities on your chosen Lower Timeframe (LTF).

✨ Core Idea
Markets often grab liquidity above highs or below lows before reversing. This script does the work for you by marking HTF swings, watching the LTF for sweeps, and confirming when price reclaims or rejects those levels.

🎯 Key Features
👉 Marks HTF swing highs (red) and HTF swing lows (green) using your chosen HTF Swing Length and timeframe.
👉 Detects a sweep whenever the LTF closes beyond an HTF swing level.
👉 Draws a temporary Breach Line at the sweep bar’s open, adjusting as price develops.
👉 Signals Long when price reclaims after sweeping an HTF low.
👉 Signals Short when price rejects after sweeping an HTF high.
👉 Includes optional filters for stricter confirmations:
 • Mid Filter → requires stronger body confirmation.
 • Strict Filter → requires close beyond the original HTF level.
👉 Customizable colors, line styles, and visibility options.
👉 Built-in alerts so you never miss a setup.

⚡ How to Use
👉 Select a Higher Timeframe (htf) for structure (e.g., 1H, 4H, Daily).
👉 Let the script plot HTF swing highs and lows.
👉 Watch for sweeps and wait for confirmation signals (labels + alerts).
👉 Combine with other tools (order blocks, FVGs, SMT, volume) for confluence.

✅ Notes
👉 Signals are non-repainting once confirmed.
👉 Both HTF and LTF are fully user-defined — there are no fixed defaults.
👉 Filters let you decide between aggressive entries or conservative confirmation.

⚠️ Disclaimer: This tool is for educational purposes only. Not financial advice. Always backtest and validate with your own strategy before using in live trading.