[DarkTrader] Classic Swipe (DW)

5 sept.

Classic Swipe (DW) indicator is a highly customizable tool designed to visualize key price zones and liquidity sweeps on a daily and weekly basis. This script uses advanced plotting features like boxes, labels, and color-coded zones to help traders identify critical market structures such as daily/weekly high-low ranges and bullish or bearish swipes (previous daily high/low levels).

Key Features :

• Daily Zone Box: Marks and tracks the high-low range for each trading day. Provides clear visual representation of price action within the daily range.
  
• Weekly Zone Box: Highlights weekly high-low ranges, giving insight into longer-term support and resistance areas.
  
• Bullish and Bearish Daily Swipes: Detects and marks sweeps of previous daily highs (bullish) or lows (bearish) with custom colors and transparency settings.
  
• Customization: Toggle between displaying weekly and daily zones, adjust box colors and transparency, and fine-tune the appearance to match your preferences.
  

How to Use :

1. Daily Zone Box: Use this feature to identify key areas of daily price consolidation or breakout, providing intraday support/resistance zones.
   
2. Weekly Zone Box: Longer-term traders can leverage the weekly zone box to track broader market trends and prepare for potential swing trade setups.
   
3. Daily Swipes: The bullish and bearish swipe detection helps in spotting liquidity grabs or stop hunts, aiding in precise entry/exit decisions based on liquidity pools.
   

Indicator In Use :



Whether you're a day trader looking for intraday levels or a swing trader focusing on broader trends, this tool can help enhance your analysis by providing clear visual aids for market structure and liquidity events.