indicator · on price · open source

Liquidity Sweeps (Highs)

Deepwick · @deepwickv1Updated 2 Oct 2026▲ 0 users

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About

Liquidity Sweeps (Highs) — a wick takes out the most recent swing high but the bar closes back below it. Often marks the trap that precedes a reversal.

Triangle-down marker on the sweeping bar.
lookback controls how many bars back we still consider a swing high live.
Combine with bearish OB or FVG for high-conviction shorts.

Source code

//@version=5
indicator("Liquidity Sweeps (Highs)", overlay=true)
swing = input.int(5, "Swing Length", minval=2, maxval=50)
lookback = input.int(20, "Lookback", minval=5, maxval=100)
ph = ta.pivothigh(high, swing, swing)
var float lastPh = na
if not na(ph)
    lastPh := ph
sweepHi = high > lastPh and close < lastPh and close < open
plotshape(sweepHi and not sweepHi[1], "High Sweep", style=shape.triangledown, location=location.abovebar, color=color.orange, text="SWEEP")
alertcondition(sweepHi and not sweepHi[1], "High sweep", "Liquidity swept above swing high")

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