ARVEX Sweep Reversal v2.0 ARVEX Sweep Reversal (SR) is a liquidity-context tool that highlights swing-failure style sweeps (SFPs) and builds a clean map of reclaimed liquidity levels.
It is designed for analysis and context. It does not provide financial advice and should not be used as a standalone decision tool.
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What you see on the chart
• Labels on sweep events: SFP up / SFP dn (optional)
• Horizontal sweep levels created from detected events
• Optional level clustering (merge nearby levels to reduce clutter)
• Optional “near-only” visualization (focus on levels near current price)
• A small HUD showing bias and recent Bull/Bear SFP counts
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1) Sweep / SFP-style detection
SR scans prior swing highs/lows and flags events where price:
• moves beyond a recent swing level, and
• then returns back inside a defined area (filters may include wick/close rules and volatility normalization depending on your settings)
General interpretation:
• Bear SFP (SFP dn): sweep above a swing high followed by a return
• Bull SFP (SFP up): sweep below a swing low followed by a return
All detections are rule-based and sensitive to timeframe/settings.
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2) Liquidity level mapping & clustering (optional)
Each event can generate a horizontal level at the swept area.
To avoid line spam, SR can optionally:
• merge levels that occur within a configurable proximity
• maintain an internal hit / intensity count
• visually emphasize levels that were swept multiple times
This creates a more readable “liquidity map” rather than dozens of individual lines.
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3) Near-only focus (optional)
To keep charts clean in fast markets, SR can emphasize levels that are close to current price (based on a volatility-aware distance rule), while fading distant levels.
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4) HUD: Reversal bias (context)
The HUD summarizes recent SFP activity over a lookback window:
• Bull SFP count
• Bear SFP count
• A simple context label (e.g., Reversal Long / Reversal Short / Neutral) derived from the balance of events
This is not a trade signal—it is a contextual readout.
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Alerts (optional)
If enabled, alerts can notify on newly detected sweep events or level interactions (based on your script rules). Alerts are informational and depend on settings/timeframe.
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Notes / Disclaimer
Liquidity sweeps are not guaranteed to lead to reversals. Use SR together with your own confirmation and risk management.
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