PROTECTED SOURCE SCRIPT
Daily FVG H/L with Sweep Removal
This indicator marks swing highs or lows of the daily candles from which the fair value gaps were created.
It gives you insight to crucial prices such as the highs and lows by this indicator and whether they have been swept or not.
The first reaction of the high or low will be counted as a sweep.
Once we run the high or low created by the reaction, then the indicator will mark that as a used high or low and will get rid of the line drawn to mark the high/low.
This can be used to watch important levels being swept which can sometimes indicate potential reversals on lower time frames.
Note: this indicator does not give you 100% accurate results or reliability and it requires you to conduct further research on the markets to create a reliable strategy.
This indicator may be of benefit if merged with other technical indicators or can support your technical strategies.
It gives you insight to crucial prices such as the highs and lows by this indicator and whether they have been swept or not.
The first reaction of the high or low will be counted as a sweep.
Once we run the high or low created by the reaction, then the indicator will mark that as a used high or low and will get rid of the line drawn to mark the high/low.
This can be used to watch important levels being swept which can sometimes indicate potential reversals on lower time frames.
Note: this indicator does not give you 100% accurate results or reliability and it requires you to conduct further research on the markets to create a reliable strategy.
This indicator may be of benefit if merged with other technical indicators or can support your technical strategies.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.