Structure Shift Sweeps
Structure shift sweeps: a liquidity sweep followed within a few bars by a break of structure the other way, the classic sweep-then-shift reversal.
How to read it
- The sweep, the break (BOS or CHoCH) and a link line between them are drawn.
- A sweep of lows then a bullish break suggests a reversal up, and the reverse for highs.
- The shorter the gap between sweep and break, the cleaner the shift.
Key settings
- Pivot length 5, reclaim bars 2.
- Shift within 10 bars; 5 objects kept.
Good to know
- Drawn on the price pane, over the candles.
- Computed on the loaded candles of the chart timeframe; levels are set on closed bars.