BenTrading - Downsweep+CM — Indicator by B3nTrading

Trend Analysis Volume sweep sweeps raid sfp bms bmsrto

trendanalysis volumestudies sweep sweeps raid sfp bms bmsrto

This indicator can gives an alert when a candle purges a 3- or 4-candle swing low but closes above it (1). It can also give an alert when a candle closes above the last 3- or 4-candle swing high prior to the sweep (2).

How to:
1. Add indicator to chart chart of your desired timeframe
2. Right click indicator and "add alert
3. Decide the conditions for when you to be alerted (sweep or sweep+CM) and specify to be alerted on "candle close only"
4. Double click the chart and the indicator-window will be closed. (The indicator window has no value and should not be visible/taking up chart space)

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact B3nTrading for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Author's instructions

The author of this script can no longer grant access to it. Please don't request access.

Want to use this script on a chart?

Warning: please read before requesting access.