Swing Failure Pattern (SFP) is a powerful trading tool that helps identify liquidity grabs around swing points and potential price reversals.
How I Use the Indicator
Timeframe Selection:
I primarily focus on higher timeframes (30M and above). If you're trading within a session, you can use shorter timeframes like 5M or 15M. Entry Point Identification:
After an SFP forms on a higher timeframe, I switch to a lower timeframe. On the lower timeframe, I look for confirmation signals indicating a reversal, such as:
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Você pode favoritá-lo para usá-lo em um gráfico.
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