OPEN-SOURCE SCRIPT
B A N K $ - Breaks & Sweeps
This indicator automatically maps on Breaks of Structure & Liquidity Sweeps. It works by calculating pivot points based on how many candles are above/below either side of a pivot.
The user can manually set how many candles need to be above/below either side of a pivot if they would prefer to change it.
The indicator will dynamically adjust the lines as the user changes timeframe to allow for seamless analysis.
Features
Explanation
A sweep is determined by whether a candle closes through a pivot point with a body closure or not. If the candle wicks this level but fails to close through it, the line will turn red to indicate a liquidity sweep.
If the following 3 candles go on to close through the break line, this will then update it from a red sweep line to the normal break line again. (sometimes the initial candle that touches a level will not close through it but price will continue to break that level in the next few candles).
The user can manually set how many candles need to be above/below either side of a pivot if they would prefer to change it.
The indicator will dynamically adjust the lines as the user changes timeframe to allow for seamless analysis.
Features
- Break of Structure lines
- Liquidity Sweep lines
- Dealing Range - this allows the user to visualise the current dealing range
Explanation
A sweep is determined by whether a candle closes through a pivot point with a body closure or not. If the candle wicks this level but fails to close through it, the line will turn red to indicate a liquidity sweep.
If the following 3 candles go on to close through the break line, this will then update it from a red sweep line to the normal break line again. (sometimes the initial candle that touches a level will not close through it but price will continue to break that level in the next few candles).
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。