Description
Liquidity Edge is an intraday session-based trading indicator designed to help traders analyze the New York session range and identify liquidity sweep opportunities.
The indicator tracks the session range from 17:30 to 00:00 Muscat time, automatically drawing the session high, session low, shaded range box, 25%, 50%, and 75% levels, anchored VWAP, sweep labels, invalidation line, and a live statistics table.
What the indicator analyses:
- New York session high and low
- Session range behavior
- Liquidity sweeps above or below the session range
- Return-to-target behavior after a sweep
- Formation order: whether the low or high formed first
- Historical sweep bias by formation
- Sessions with and without sweeps
- Average range and sweep statistics
How to interpret the visuals:
- The shaded box represents the selected New York session range.
- The top line marks the session high.
- The bottom line marks the session low.
- Dotted levels show 25%, 50%, and 75% of the session range.
- The VWAP line starts from the beginning of the session.
- A red label marks a session high sweep.
- A green label marks a session low sweep.
- The orange invalidation line marks the level used to monitor invalidation after a sweep.
- The statistics table shows historical session behavior and formation-specific probabilities.
Key settings:
- Session start and end time
- Timezone selection
- Body or wick range calculation
- Close or wick sweep detection
- Return target percentage
- Invalidation distance
- Show or hide session box, VWAP, fib levels, sweep labels, invalidation line, and statistics table
Typical use cases:
- Identifying liquidity grabs after the New York session range
- Studying session high and low sweeps
- Supporting Smart Money Concepts analysis
- Finding potential reversal or continuation areas
- Reviewing historical sweep behavior before entering trades
- Combining session range analysis with price action confirmation
Best suited for:
- Intraday traders
- Scalpers
- Futures traders
- Forex traders
- Smart Money Concepts traders
- Traders who use session-based liquidity analysis
Important notes:
Liquidity Edge is designed as an analytical tool and does not guarantee trading results. It does not provide financial advice or automatic trade execution. Traders should always use proper risk management and confirm signals with their own trading plan.
