TradingView
waffles_btc
Oct 15, 2022 10:27 PM

Liquidity Raids 

Ethereum / TetherUS PERPETUAL CONTRACTBinance

描述

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.

版本注释

Alert only on HTF bar close

版本注释

Fix HTF alert

版本注释

Allow only 1 or 2 alerts per HTF bar close

版本注释

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 :)

版本注释

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


版本注释

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

版本注释

  • 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

版本注释

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

版本注释

Use session names on alerts

版本注释

Remove raid lines beyond a specified number

版本注释

  • 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

版本注释

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

版本注释

Support limiting maximum session boxes displayed

版本注释

Support changing label sizes

版本注释

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

版本注释

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

版本注释

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.

版本注释

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

版本注释

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

版本注释

- 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).

版本注释

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

版本注释

  • 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)

版本注释

Support customizing open lines and add 3 custom opens

版本注释

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

版本注释

Enable/disable opens based on checkbox

版本注释

Alert once per bar close

版本注释

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

版本注释

Support plotting and alerting swing formation

版本注释

Increase labels count and support setting alert frequency.

版本注释

Fix open lines history so that chart doesn't autofit

版本注释

Display nearest external liquidity

版本注释

Fixed bug in min pips filter

版本注释

Update chart

版本注释

Update chart

版本注释

Add filter for min. highs/lows that need to be raided
评论
ExiledSpirit
DUUUdE,., i LOVE YOU for this indicator!! ThANK YOU SO VERY MUCh! MY HERO
igorSMConcept
Thank you for this indicator.... Could put some option to allow Multi Time Frame??? As like h4 and h1 im the same indicator...

I have one doubt, what type of candle (3 or 5) do you recommend for high time frame (more than 1h) and low time frame (15 minutes)??
waffles_btc
@igorSMConcept, Some other person has also asked for multi TF, I will work on it after I implement "raid into FVG" feature. As for 3-bar vs 5-bar, it's entirely up to you. Price is fractal, so it doesn't matter what TF you use. 3-bar will give more signals than 5-bar for the start. Guess you'll have to backtest/experiment and see what works and what doesn't.
DM3point3
Must Be A Good Mans for Letting Us Use This Free. Set the Mater Strat as Default and Everything for US.

Even Your Candle Colors are the Best Ive Seen Ever!!! Who Are You!!! lol

Q - another indicator lets you see "live liquidity" so the line shows up before the raid. Would be nice so we know when to be ready...

Thank You !!!!!!!!!!!!!!!!!!!!!!!!!!
waffles_btc
@DM3point3, Thanks! I'm glad you find it useful. Also, if I understand the question of "live liquidity" correctly, do you mean the HTF swing points to be marked in LTF before the actual raids happen? I did think of this, but I can't possibly come up with a solution that would be clean in the charts. There will be a spaghetti of lines and it kinda fucks up with bias, which is why I avoided it.
DM3point3
@a1tmaniac, I agree and With the Alerts live liquidity isnt needed.
Also the new choch Is printing lines on other time frames. Its set to 1 min but showing historical lines on 15,30,60,240 min times. The old one would only show Choch on the time frame selected.
Bug or a feature? They are not the 1 min chochs either so I dont see were there coming from.

Also I feel bad for asking, But could you make a separate indicator and call it "Old Choch" or whatever. It did magical things and back testing against the new is like 50/50. There both amazing.

Either way thanks again
waffles_btc
@DM3point3, I can get rid of lines printing on higher TFs (it's a bug for sure). If choch is set to 1-min, then it should show in 1-min, but only if a raid has occurred OR a high/low has been taken out. As for the old choch, because having a separate indicator would mean future updates have to be migrated and published on both, which would be painful. I'll definitely consider having it in the same indicator (like an option or something). I'm curious though - when I used pivot-based choch selection, it would be error-prone half the time, because it would point to internal structure shifts and sometimes the pivot length has to be adjusted to properly find the choch, which is why I switched in the first place. Could you show me a couple of examples to point the difference if you can?
igorSMConcept
Dude, i use your indicator to trade using Trading Hub strategy. In this kind of smc strategy, we dont use structure in Inside Bar... your indicator is the nearest indicator that ive found to help me, but sometimes it shows structure in inside bar.. i have the script that Trading Hub use to find inside bar... is it possible to include a part where the structure ignores the inside bar and continues with the previous structure?... it would be as it is now, but ignoring the inside bar candles
Gentle42
What an indicator!! The best of the best bro. I appreciate it your effort! Works so good for liq sessions h/l and key levels. Also the display at ltf and the alarm for the choch. Amazing! Thank your for this stuff.
waffles_btc
@Gentle42, Cheers bro, thanks for the kind words :)
更多