Liquidity Raids

2022年10月15日

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.

2022年10月17日

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Alert only on HTF bar close

2022年10月17日

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Fix HTF alert

2022年10月18日

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Allow only 1 or 2 alerts per HTF bar close

2022年11月23日

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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 :)

2022年12月9日

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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
  

2022年12月15日

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

2022年12月19日

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• 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
  

2022年12月19日

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

2022年12月22日

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Use session names on alerts

2022年12月26日

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Remove raid lines beyond a specified number

2023年1月8日

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• 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
  

2023年1月11日

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

2023年1月16日

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Support limiting maximum session boxes displayed

2023年1月16日

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Support changing label sizes

2023年1月29日

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

2023年2月5日

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

2023年2月12日

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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.
  

2023年2月13日

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

2023年2月14日

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

2023年3月19日

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- 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).

2023年3月21日

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

2023年5月12日

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• 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)
  

2023年5月12日

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Support customizing open lines and add 3 custom opens

2023年5月12日

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

2023年5月13日

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Enable/disable opens based on checkbox

2023年6月12日

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Alert once per bar close

2023年6月12日

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

2023年6月25日

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Support plotting and alerting swing formation

2023年7月13日

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Increase labels count and support setting alert frequency.

2023年7月16日

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Fix open lines history so that chart doesn't autofit

2023年7月27日

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Display nearest external liquidity

2023年8月20日

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Fixed bug in min pips filter

2023年8月25日

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Update chart

2023年8月25日

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Update chart

2023年10月15日

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

1月29日

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Update script to reflect on broken API from TV