Liquidity Sweep Rider Institutional HFT Grabber

Liquidity Sweep Rider Strategy (Swing Pivot + Volume Filter)

Publication Description:
This is an open-source Pine Script v6 strategy that identifies potential liquidity sweep patterns around confirmed swing highs and lows.

It uses:

• Pivot points (ta.pivothigh / ta.pivotlow) to mark historical swing levels where orders (such as stops or pending entries) often cluster.
  

• A volume filter requiring above-average volume (SMA-based with multiplier) on the sweep candle to highlight stronger moves.
  

• Classic sweep logic: price wicks beyond the level but closes back inside, suggesting a possible reversal after liquidity is taken.
  

Entry rules:

• Long: after a downside sweep below a recent swing low (with volume condition).
  
• Short: after an upside sweep above a recent swing high (with volume condition).
  

Features include:

• Optional toggles to enable/disable long/short directions.
  
• ATR-based stop-loss and take-profit (configurable multipliers and risk-reward ratio).
  
• Visual plots for liquidity levels, entry signals, background highlights, and an info table.
  
• Alert conditions for long/short triggers.
  

Important notes:

• This is an educational/example script for backtesting and learning.
  
• Past performance does not indicate future results. Trading involves significant risk of loss — use proper risk management and never risk more than you can afford to lose.
  
• No guarantees of profitability are made. Always test thoroughly on demo accounts before live use.
  
• Customize parameters (pivot lengths, volume multiplier, ATR settings) based on the instrument and timeframe you trade. Works on various markets/timeframes but performs differently depending on liquidity and volatility.
  

Feel free to fork/modify the code. Feedback and improvements are welcome!
(≈ 3–4 paragraphs, clear, educational, includes risk disclaimer, explains logic + usage without hype.)