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Liquidity Swings [Nix]

5 770
Liquidity Swings Indicator!

It marks recent swing highs and lows on the chart using lines and labels.
Another great feature is that it tracks whether those swing levels are SWEPT (price crosses them again) and either:
  • Removes swept levels, or
  • Fades them to indicate they’ve been taken.

You can customize:
  • Number of swings shown.
  • Colors, styles, and visibility of lines/labels.
  • Whether to show highs, lows, or both.

Useful for liquidity analysis.
Usually when these special swings are swept, you can consider moving stops to BE. This is because there should be enough stop losses at the swing points to liquidate others and give more fuel to your trade direction!

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