ORB + Liquidity Sweeps

vor 11 Stunden

**Title:** ORB + Liquidity Sweeps

**Description:**
The **“ORB + Liquidity Sweeps”** indicator combines the *Opening Range Breakout (ORB)* model with dynamic *liquidity sweep detection* to identify high-probability reversal or continuation setups during key session periods. This script visually maps where price sweeps liquidity at highs/lows and tracks how those sweeps interact with the defined ORB range — offering clear, data-driven confluence zones for professional intraday execution.

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### 🔹 FEATURES OVERVIEW

**1. Liquidity Sweeps [SB1]**

* Detects **bullish** and **bearish liquidity grabs** using swing highs/lows based on user-defined pivot length.
* Supports three detection modes:

* **Only Wicks:** Marks when price pierces a level with a wick and rejects.
* **Only Outbreaks & Retest:** Confirms full breaks and retests.
* **Wicks + Outbreaks & Retest:** Combines both behaviors for full context.
* Automatically shades sweep zones and extends them until price mitigates or breaks through.
* Visuals:

* 🟩 **Bullish sweeps** = green wick/zone
* 🟥 **Bearish sweeps** = red wick/zone
* Configurable color transparency, max bar extension, and style options.
* Generates real-time **alerts** for each sweep:

* `🔼 Bullish Wick Sweep detected`
* `🔽 Bearish Wick Sweep detected`

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**2. Opening Range Breakout (ORB)**

* Automatically defines the **Opening Range** using a customizable session window (default: *09:30–09:45 EST*).
* Tracks **ORB High** and **ORB Low** in real time.
* Displays the range only on intraday charts within the selected time window.
* Sends breakout alerts:

* `ORB Breakout Up` → Price crosses above ORB high.
* `ORB Breakout Down` → Price crosses below ORB low.
* Ideal for identifying initial volatility expansion zones and potential directional bias for the session.

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**3. ORB–Liquidity Sweep Interaction**

* Highlights when **liquidity sweep zones overlap or touch the ORB range**, signaling a high-interest confluence zone.
* Issues alerts when interaction occurs:

* `Bull Sweep interacts with ORB`
* `Bear Sweep interacts with ORB`
* Useful for traders looking to align **liquidity events with session structure** to time entries.

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**4. Built-in Alert System**
All alerts are pre-configured and can be activated directly from the TradingView “Add Alert” menu:

* **Bullish Wick Sweep**
* **Bearish Wick Sweep**
* **ORB Breakout Up**
* **ORB Breakout Down**
* **Bull Sweep interacts with ORB**
* **Bear Sweep interacts with ORB**

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### ⚙️ HOW TO USE

1. **Add to Chart:** Apply on any intraday timeframe (preferably 1–15 min).
2. **Configure ORB Window:** Set the session start and duration (e.g., `09:30–09:45`options , 08:30 -08:45 futures ) for your trading region.
3. **Select Sweep Mode:** Choose from “Only Wicks,” “Only Outbreaks & Retest,” or “Wicks + Outbreaks & Retest.”
4. **Watch for Confluence:**

* A **sweep near ORB levels** often signals exhaustion or potential reversal.
* A **breakout through ORB following a sweep** suggests momentum continuation.
5. **Set Alerts:** Enable relevant alerts for automatic notifications when sweeps or ORB breaks occur.

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### 📊 TRADING APPLICATIONS

* Identify **stop hunts** and **liquidity grabs** around ORB levels.
* Combine with volume, delta, or order flow indicators for confirmation.
* Use confluence zones (Sweep + ORB overlap) as **entry or take-profit** points.
* Excellent for **index futures**, **forex**, and **high-volume equities** during the opening session.

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**Developed by:** SB
**Category:** Price Action / Liquidity / Session Structure
**Compatible Timeframes:** Intraday (1m–5m recommended)
**Alerts Included:** ✅
**Overlay:** Yes
**Version:** v6

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*This tool is designed for advanced price-action traders who study liquidity behavior, ORB structure, and intraday expansion patterns.*

vor 10 Stunden

Versionshinweise

fixed bug on alert my apologies