OPEN-SOURCE SCRIPT

XAUUSD Liquidity Sweep + Engulfing (4H/2H/15m)

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Key Features in This Script:

4H Bias (Trend): We use RSI on 4H to determine if the market is in a bullish or bearish trend.

2H Setup: When price sweeps below previous lows or above previous highs (liquidity sweep), we confirm it with RSI and an engulfing candle.

15m Entry: After the liquidity sweep is confirmed on the 15m chart, we check for a bullish engulfing (for buys) or bearish engulfing (for sells) with RSI confirmation.

How to Use It:

Add the Script: Copy-paste the code above into TradingView’s Pine Editor.

Apply it to the 15-minute chart for XAUUSD (Gold).

Alerts: Set up alerts when a Buy or Sell signal appears based on the conditions.

Alerts Example:

When a liquidity sweep and RSI flip happens with an engulfing candle, TradingView will notify you, helping you enter at the right time.

🚀 Next Steps:

Try it out and let me know how the alerts and signals are working for you.

If you'd like to add custom stop-loss or take-profit calculations, or include Fibonacci levels, let me know!

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