OPEN-SOURCE SCRIPT
Liquidity Engulfing (Nephew_Sam_)
🔥 Liquidity Engulfing Multi-Timeframe Detector
This indicator finds engulfing bars which have swept liquidity from its previous candle. You can use it across 6 timeframes with fibonacci entries.
⚡ Key Features
📈 Engulfing Rules
This indicator finds engulfing bars which have swept liquidity from its previous candle. You can use it across 6 timeframes with fibonacci entries.
⚡ Key Features
- 6 Customizable Timeframes - Complete market structure analysis
- Smart Liquidity Detection - Finds patterns that sweep liquidity then reverse
- Real-Time Status Table - Confirmed vs unconfirmed patterns with color coding
- Fibonacci Integration - 5 customizable fib levels for precise entries
- HTF → LTF Strategy - Spot reversals on higher timeframes, enter on lower timeframe fibs
📈 Engulfing Rules
- Bullish: Current candle bullish + previous bearish + current low < previous low + current close > previous open
- Bearish: Current candle bearish + previous bullish + current high > previous high + current close < previous open
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.