Sweep Detector v2

Updates in This Version:

• New Condition: Higher Timeframe Body Sweep
  - If a candle closes beyond a previous swing high/low and the next candle closes back inside, it is now counted as a sweep.
  - This helps detect sweeps that would be visible on a higher timeframe.
  
• Updated Markers and Lines
  - The indicator now marks and draws lines for both wick-based and body-based sweeps.
  

Sweep Detector - Description

The Sweep Detector is a Pine Script indicator designed to identify liquidity sweeps in price action. It detects when price breaks a previous swing high or low but fails to hold above/below that level, signaling potential reversals.

How It Works:

• Swing High & Swing Low Detection
  - The script identifies swing highs and swing lows based on a simple three-bar pattern.
  - A swing high occurs when a candle’s high is higher than both the previous and next candle’s highs.
  - A swing low occurs when a candle’s low is lower than both the previous and next candle’s lows.
  
  
• Wick Sweep Condition
  - A high sweep is detected when price wicks above the previous swing high but closes back below it.
  - A low sweep is detected when price wicks below the previous swing low but closes back above it.
  
  
• Visual Indicators
  - Red downward markers appear above candles that trigger a high sweep.
  - Green upward markers appear below candles that trigger a low sweep.
  - Lines are drawn from previous swing levels to the candle that sweeps them for clear visualization.
  

Use Case:

• This indicator helps traders spot potential liquidity grabs, stop hunts, or reversal zones based on price action.
  
• It can be used on various timeframes for scalping, day trading, or swing trading strategies.