PROTECTED SOURCE SCRIPT

Updated

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.

Release Notes

Alert only on HTF bar close

Release Notes

Fix HTF alert

Release Notes

Allow only 1 or 2 alerts per HTF bar close

Release Notes

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 :)

Release Notes

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

Release Notes

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

Release Notes

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

Release Notes

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

Release Notes

Use session names on alerts

Release Notes

Remove raid lines beyond a specified number

Release Notes

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

Release Notes

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

Release Notes

Support limiting maximum session boxes displayed

Release Notes

Support changing label sizes

Release Notes

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

Release Notes

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

Release Notes

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.

Release Notes

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

Release Notes

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

Release Notes

- 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).

Release Notes

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

Release Notes

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)

Release Notes

Support customizing open lines and add 3 custom opens

Release Notes

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

Release Notes

Enable/disable opens based on checkbox

Release Notes

Alert once per bar close

Release Notes

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

Release Notes

Support plotting and alerting swing formation

Release Notes

Increase labels count and support setting alert frequency.

Release Notes

Fix open lines history so that chart doesn't autofit

Release Notes

Display nearest external liquidity

Release Notes

Fixed bug in min pips filter

Release Notes

Update chart

Release Notes

Update chart

Release Notes

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

Release Notes

Update script to reflect on broken API from TV

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

waffles_btc

Disclaimer

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Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

waffles_btc