Liquidity Trap Reversal Pro (Radar v2)

Liquidity Trap Reversal Pro (Radar v2) is a non-repainting indicator designed to detect hidden liquidity traps at key swing highs and lows. It combines wick analysis, volume spike detection, and optional trend and exhaustion filters to identify high-probability reversal setups.

🔷 Features:
Non-Repainting: Pivots confirmed after lookback period, no future leaking.

Volume Spike Detection: Filters traps that occur during major liquidity events.

EMA Trend Filter (Optional): Focus on traps aligned with the prevailing trend.

Higher Timeframe Trend Filter (Optional): Confirm traps using a higher timeframe EMA bias.

Exhaustion Guard (Optional): Prevents traps after overextended moves based on ATR stretch.

Clean Visuals: Distinct plots for raw trap points vs confirmed traps.

Alerts Included: Set alerts for confirmed high/low liquidity traps.

📚 How to Use:
Watch for Trap Signals:

A Trap High signal suggests a potential bearish reversal.

A Trap Low signal suggests a potential bullish reversal.

Use Confirmed Signals for Best Entries:

Confirmed traps fire only after price moves opposite to the trap direction, adding reliability.

Use Trend Filters to Improve Accuracy:

In an uptrend (price above EMA), prefer Trap Lows (buy setups).

In a downtrend (price below EMA), prefer Trap Highs (sell setups).

Use the Exhaustion Guard to Avoid Bad Trades:

This filter blocks signals when price has moved too far from trend, helping avoid late entries.

Recommended Settings:

Best used on 15-minute, 1-hour, or 4-hour charts.

Trend filter ON for trending markets.

Exhaustion guard ON for volatile or stretched markets.

📈 Important Notes:
This script does not repaint once a pivot is confirmed.

Alerts trigger only on confirmed trap signals.

Always combine signals with sound risk management and trading strategy.

Disclaimer:
This script is for educational purposes only. It is not investment advice or a guarantee of results. Always do your own research before trading.