indicator · on price · open source

Liquidity Sweeps (Lows)

Deepwick · @deepwickv1Updated 2 Oct 2026▲ 0 users

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About

Liquidity Sweeps (Lows) — a wick takes out the most recent swing low but the bar closes back above it. Bullish trap signal.

Triangle-up marker on the sweeping bar.
lookback controls swing low liveness.
Combine with bullish OB / FVG for high-conviction longs.

Source code

//@version=5
indicator("Liquidity Sweeps (Lows)", overlay=true)
swing = input.int(5, "Swing Length", minval=2, maxval=50)
lookback = input.int(20, "Lookback", minval=5, maxval=100)
pl = ta.pivotlow(low, swing, swing)
var float lastPl = na
if not na(pl)
    lastPl := pl
sweepLo = low < lastPl and close > lastPl and close > open
plotshape(sweepLo and not sweepLo[1], "Low Sweep", style=shape.triangleup, location=location.belowbar, color=color.aqua, text="SWEEP")
alertcondition(sweepLo and not sweepLo[1], "Low sweep", "Liquidity swept below swing low")

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