Question 1

I see many dashed lines but very few turn solid. Are sweeps that rare?

Accepted Answer

Genuine liquidity sweeps where price wicks beyond a level and closes back inside are indeed less common than simple breakouts. This selectivity is by design — the indicator is filtering for the specific wick-beyond-close-inside pattern that characterizes stop hunts. If you want to track more levels, reduce SwingStrength to detect smaller pivots. If you want looser sweep criteria, reduce MinSweepDepth to 0.05 ATR to accept shallower wicks.

Question 2

A level turned solid but price continued in the breakout direction instead of reversing. Is the signal wrong?

Accepted Answer

Not every sweep results in a reversal. The indicator detects the wick-beyond-close-inside pattern, which is a high-probability reversal setup but not a guaranteed outcome. Sweeps that fail to reverse often occur during strong trending conditions where momentum overwhelms the stop-hunt dynamic. Always confirm sweep signals with additional context: volume, higher-timeframe trend, and whether the sweep occurred at a significant confluence zone.

Question 3

Can I use this on very fast timeframes like 1-minute or tick charts?

Accepted Answer

Yes, but reduce SwingStrength to 3 for faster pivot detection on very short timeframes. On 1-minute charts, the default SwingStrength of 5 requires 11 bars (5 on each side plus the pivot) to confirm a swing, which represents 11 minutes. If you want faster level identification, lower the strength but accept that more minor levels will be tracked. MinSweepDepth may also need adjustment on tick charts where ATR values are very small.

Question 4

Levels disappear from my chart before being swept. Why?

Accepted Answer

Levels expire after MaxAge bars if they have not been swept. The default of 50 bars means a level persists for roughly 4 hours on 5-minute charts or 10 weeks on daily charts. Increase MaxAge to 100 or 200 if you want levels to persist longer. However, very old levels may have less stop-hunt relevance as traders adjust positions over time.

Question 5

SweepDir shows 0 for every symbol. I never see sweep signals.

Accepted Answer

Genuine liquidity sweeps are selective events — they require the specific wick-beyond-close-inside pattern at a confirmed swing level. On calm market days, sweeps may not occur for hours. Try scanning during high-volatility periods (first hour after open, news events). Also reduce SwingStrength to 3 to detect more minor levels, or lower MinSweepDepth to 0.05 to accept shallower sweeps. Ensure you have sufficient additional bars loaded in RadarScreen settings.

Question 6

How do I distinguish high-quality sweeps from noise?

Accepted Answer

Check three columns: SweepDepth should be above 0.2 ATR (deeper penetration = stronger intent), SweepVol should be positive (above-average volume = institutional participation), and SweepAge should be 0-3 (fresh signal). A sweep with deep penetration, high volume, and fresh timing is the highest-quality setup. Shallow, low-volume sweeps are more likely noise.

Question 7

Can I use this on daily charts for swing trading?

Accepted Answer

Yes. Set the RadarScreen interval to Daily and increase SwingStrength to 8-10 for significant daily pivots. Increase MaxAge to 100-200 since daily levels can remain relevant for weeks. Daily timeframe sweeps at major swing levels often produce multi-day reversal moves.

Question 8

The text labels show negative volume percentages. Does that mean the sweep is invalid?

Accepted Answer

A negative volume percentage means the sweep bar had below-average volume. While high-volume sweeps are more reliable, low-volume sweeps are not automatically invalid — they can still represent genuine stop hunts during quiet market periods. Use volume as one factor alongside depth and level age. However, if you want to filter for high-conviction signals only, focus on sweeps with positive volume percentages and deep penetration.

Question 9

I see sweep dots but the quality metrics look weak (shallow depth, low volume). Should I trade these?

Accepted Answer

Weak-quality sweeps have a lower probability of producing meaningful reversals. The best approach is to be selective: only trade sweeps with Depth above 0.2 ATR, Volume above +25%, and Age above 10 bars. If you want to reduce noise signals entirely, increase MinSweepDepth to 0.2 or 0.3 ATR to require deeper penetration before a sweep qualifies.

Question 10

Can I hide the text labels and show only dots?

Accepted Answer

Yes. Set ShowLabels to false in the indicator inputs. You will see clean colored dots without any text annotations. If you want detailed metrics only sometimes, keep ShowLabels on and zoom in when evaluating specific signals.

Question 11

I do not see any colored bars. The indicator is applied but nothing is painted.

Accepted Answer

Liquidity sweeps are selective events requiring the specific wick-beyond-close-inside pattern at a confirmed swing level. If the market is trending smoothly without any stop-hunt activity, no bars will be painted. This is normal. Wait for volatile market conditions or reduce SwingStrength to track more levels. Ensure MinSweepDepth is not set too high — the default 0.1 ATR works for most markets.

Question 12

I see a colored bar but it looked like a normal breakout, not a reversal. Is the signal wrong?

Accepted Answer

The PaintBar detects the wick-beyond-close-inside pattern on the sweep bar itself. What happens on subsequent bars depends on follow-through. Some sweeps lead to immediate reversals; others see continued momentum in the breakout direction on the next bar. The colored bar identifies the pattern — use the chart indicator and ShowMe quality metrics to assess probability, and always wait for confirmation before entering.

Question 13

Can I change the sweep colors?

Accepted Answer

Yes. To change colors, right-click anywhere on the chart, go to Studies > Edit Studies..., select the indicator, click the Inputs tab, and change BullSweepColor and BearSweepColor to any TradeStation color name (Green, Red, Yellow, White, etc.) or RGB values. Choose colors that contrast with your chart's normal candlestick colors for maximum visibility.

Liquidity Sweep Bundle

What's Included

Liquidity Sweep Chart

Liquidity Sweep RadarScreen

Liquidity Sweep ShowMe

Liquidity Sweep PaintBar

Full Color Customization

5 Ready-Made Palettes

70+ Individual Colors

Color Mixing Guide

Copy-Paste Ready