OPEN-SOURCE SCRIPT
CLS Patterns + Price Action Levels

๐ Key Features:
โ CLS Candle Patterns Detection:
CLS Type 1 (Sweeps & Closes Opposite) โ Confirms liquidity sweeps with opposite direction close.
CLS Type 2 (Sweeps but No Opposite Close) โ Identifies liquidity traps without full reversal.
CLS Type 3 (Engulfing Candles) โ Strong momentum shifts with engulfing price action.
CLS Type 4 (Order Block Reversals) โ Institutional order flow recognition.
โ Institutional & Price Action Levels:
250 Pip Institutional Levels โ Major S&R zones for Forex & Indices.
Minor Quarter Points (25 Pips) โ Intraday precision for refined entries.
โ Liquidity Imbalance & Order Flow Gaps:
Detects early impulse moves & liquidity voids
Highlights areas of market inefficiency & potential reversals
โ Higher Timeframe EMA for Trend Confirmation:
Customizable Weekly 3 EMA Overlay
Dynamic color change based on price action
โ Built-in Alerts for CLS Patterns:
Real-time alerts for CLS buy/sell signals
Configurable notifications for trade execution
๐ฏ How to Use:
1๏ธโฃ Enable CLS Pattern Signals to spot liquidity sweep candles with directional confirmation.
2๏ธโฃ Use Institutional & QP Levels to identify key areas where price is likely to react.
3๏ธโฃ Monitor Liquidity Imbalances to detect inefficient price moves that may fill.
4๏ธโฃ Confirm Trend with HTF EMA to trade with momentum.
5๏ธโฃ Set Alerts for CLS patterns and key price levels to stay ahead of the market.
This indicator is ideal for Forex, Indices, and Crypto traders looking to refine their entries with precise price action confirmations.
โ CLS Candle Patterns Detection:
CLS Type 1 (Sweeps & Closes Opposite) โ Confirms liquidity sweeps with opposite direction close.
CLS Type 2 (Sweeps but No Opposite Close) โ Identifies liquidity traps without full reversal.
CLS Type 3 (Engulfing Candles) โ Strong momentum shifts with engulfing price action.
CLS Type 4 (Order Block Reversals) โ Institutional order flow recognition.
โ Institutional & Price Action Levels:
250 Pip Institutional Levels โ Major S&R zones for Forex & Indices.
Minor Quarter Points (25 Pips) โ Intraday precision for refined entries.
โ Liquidity Imbalance & Order Flow Gaps:
Detects early impulse moves & liquidity voids
Highlights areas of market inefficiency & potential reversals
โ Higher Timeframe EMA for Trend Confirmation:
Customizable Weekly 3 EMA Overlay
Dynamic color change based on price action
โ Built-in Alerts for CLS Patterns:
Real-time alerts for CLS buy/sell signals
Configurable notifications for trade execution
๐ฏ How to Use:
1๏ธโฃ Enable CLS Pattern Signals to spot liquidity sweep candles with directional confirmation.
2๏ธโฃ Use Institutional & QP Levels to identify key areas where price is likely to react.
3๏ธโฃ Monitor Liquidity Imbalances to detect inefficient price moves that may fill.
4๏ธโฃ Confirm Trend with HTF EMA to trade with momentum.
5๏ธโฃ Set Alerts for CLS patterns and key price levels to stay ahead of the market.
This indicator is ideal for Forex, Indices, and Crypto traders looking to refine their entries with precise price action confirmations.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites โ learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites โ learn more here.
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.