The indicator detect to swing failure pattern and shows it.
Swing Failure Pattern (or SFP) is a type of reversal pattern in which (swing) traders target stop-losses above a key swing low or below a key swing high to push the price in the other direction by generating enough liquidity.
Thanks @EmreKb for this powerful indicator which helps to identify SFP approach on FX Price Action concept. Additional thanks goes to your understandable coding standards usage.
RileyKing
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Lovely indicator, thanks! A nice addon for me would be to set a minimum amount of bars between the high and the SFP created. So for instance if a high is made and after 3 candles a SFP is made, no plot.
ekarakas
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eline emeğine sağlık kardeşim, harika olmuş
Tarik_24
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emeğine sağlık kardeş
ekarakas
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paylaşım için ayrıca teşekkürler
Yatheen
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How is this not an Editor Pick? This is an amazing indicator! Thanks @EmreKb
TradesWhatElse
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alert function?
TopTT299513
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wish you can add feature to keep history SFP of each candle. Thank you
Mass1q
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It's a good start but not complete, a break occurs only when the next candle after the sweep closes above or below. It's quite simple, you take the short only when candle after the sweep closes below in case of a breakdown SFP, while the long if it closes above in case of a breakout SFP