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Liquidity Swings [Nix]

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Swing Points and if they are swept or not
This indicator identifies swing points, which are key liquidity levels on the chart.

A Swing High is formed when a candle's high is higher than the highs of the candles immediately before and after it (i.e., a local peak over 3 candles).

A Swing Low is formed when a candle's low is lower than the lows of the candles immediately before and after it (i.e., a local trough over 3 candles).

Once swing points are established, the indicator checks whether they have been swept - meaning price has revisited and broken above a swing high or below a swing low, indicating potential liquidity grabs or stop hunts.
Note di rilascio
Swing Points and if they are swept or not
This indicator identifies swing points, which are key liquidity levels on the chart.

A Swing High is formed when a candle's high is higher than the highs of the candles immediately before and after it (i.e., a local peak over 3 candles).

A Swing Low is formed when a candle's low is lower than the lows of the candles immediately before and after it (i.e., a local trough over 3 candles).

Once swing points are established, the indicator checks whether they have been swept - meaning price has revisited and broken above a swing high or below a swing low, indicating potential liquidity grabs or stop hunts.

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