Liquidity Sweep + Close-Back Confirmation tracks recent swing highs and lows over a customizable lookback period. A bullish signal forms when a prior bar sweeps below a swing low and the current bar closes above that sweep bar's high. A bearish signal triggers when a bar sweeps above a swing high and the current bar closes below its low. Settings allow traders to toggle signal labels, visual sweep boxes, and display colors.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Swing Lookback (bars)
int
10
swingLookback
Show sweep boxes
bool
true
showBoxes
Show Buy/Sell labels
bool
true
showLabels
Buy box color
color
color.new(color.teal, 70)
buyColor
Sell box color
color
color.new(color.red, 80)
sellColor
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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