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.

Notes de version:

Alert only on HTF bar close

Notes de version:

Fix HTF alert

Notes de version:

Allow only 1 or 2 alerts per HTF bar close

Notes de version:

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 :)

Notes de version:

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
  

Notes de version:

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

Notes de version:

• 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
  

Notes de version:

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

Notes de version:

Use session names on alerts

Notes de version:

Remove raid lines beyond a specified number

Notes de version:

• 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
  

Notes de version:

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

Notes de version:

Support limiting maximum session boxes displayed

Notes de version:

Support changing label sizes

Notes de version:

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

Notes de version:

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

Notes de version:

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.
  

Notes de version:

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

Notes de version:

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

Notes de version:

- 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).

Notes de version:

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

Notes de version:

• 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)
  

Notes de version:

Support customizing open lines and add 3 custom opens

Notes de version:

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

Notes de version:

Enable/disable opens based on checkbox

Notes de version:

Alert once per bar close

Notes de version:

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

Notes de version:

Support plotting and alerting swing formation

Notes de version:

Increase labels count and support setting alert frequency.

Notes de version:

Fix open lines history so that chart doesn't autofit

Notes de version:

Display nearest external liquidity

Notes de version:

Fixed bug in min pips filter

Notes de version:

Update chart

Notes de version:

Update chart

Notes de version:

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