Simple Liquidity Sweep Strategy — Transcript

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1. 0:00I'M THE BEST TRADER IN THE WORLD. [ __ ]
2. 0:01YOU. SWEEP, IFG, TREND LINE BREAK, and
3. 0:04deliver.
4. 0:04>> Boom!
5. 0:05>> Sweep, IFG, trend line break, and pump.
6. 0:08>> Boom!
7. 0:08>> Sweep, IFG, trend line break, and
8. 0:12So, this is actually a really simple
9. 0:13strategy that we can fully automate that
10. 0:15would give you alerts [music] when the
11. 0:16setup is detected. So, let's do that.
12. 0:18So, first, you'll want to go to
13. 0:20luxalgo.com. [music]
14. 0:21Once you're on the website, just go
15. 0:22ahead and click launch Quant to open
16. 0:25Quant. Now, Quant is an AI specifically
17. 0:26built [music] for creating strategies
18. 0:28and trading indicators. So, all we need
19. 0:30to do is describe what exactly we want
20. 0:32to build here. Now, for the strategies,
21. 0:34there are three major parts. You
22. 0:35mentioned that [music] there is a sweep.
23. 0:36Now, we didn't mention where that sweep
24. 0:38happened, so we're going to make an
25. 0:39assumption there and assume that, say,
26. 0:41we sweep the Asian session [music] low.
27. 0:42Once that sweep happens and we pull back
28. 0:44into that range, inversion FVG to be
29. 0:47[music] detected, and we mark that area.
30. 0:49We're going to use a trend line, and
31. 0:50then once that trend line is broken,
32. 0:52we're going to place [music] our stops
33. 0:53below the IFVG, target the other side of
34. 0:56the session or an ATR value. So, we'll
35. 0:58just go ahead and detail that right
36. 0:59here. [music] And once you're finished
37. 1:00writing in all of the details for the
38. 1:02indicator, just go ahead and click here
39. 1:03to send, and it will go ahead and build
40. 1:05the indicator. This will [music] take
41. 1:06anywhere from 30 seconds to 1 minute.
42. 1:08So, it's done. You can see we had some
43. 1:09back and forth here, but I finally have
44. 1:11it exactly the way that I wanted. Go to
45. 1:13code, go ahead and click copy, [music]
46. 1:15go over to TradingView, open your Pine
47. 1:17editor, paste the code, and then add it
48. 1:19to your chart. Now, as you can see, it's
49. 1:21working exactly as we expected. Here
50. 1:23[music] we have the session. Once the
51. 1:24session ended, we can see that a sweep
52. 1:26was detected where we have a break, and
53. 1:28then price reentered, making this valid.
54. 1:31And then we had a trend line break
55. 1:33[music] right here,
56. 1:35and we have our risk reward drawn, and
57. 1:37we can go into the settings and switch
58. 1:38that to an IFVG model. But in this case,
59. 1:41that would have been [music] too far a
60. 1:42stop loss and would have ended up in a
61. 1:44negative risk reward. You can also
62. 1:46choose from multiple sessions and
63. 1:48determine [music] what sessions you'd
64. 1:49like to use for that sweep detection,
65. 1:52and you can disable strict mode, which
66. 1:54will just make the conditions a bit more
67. 1:56loose, and this will allow you [music]
68. 1:57to see a lot more setups on the chart,
69. 1:59but note that a lot more will not also
70. 2:01not be valid. This indicator also has
71. 2:03alerts, so there's no need to sit and
72. 2:05watch your chart 24/7. [music] If you
73. 2:07want to access to this script, go ahead
74. 2:08and comment the word sweep, and I'll
75. 2:10send you a link.