Liquidity Grab — Sweep & Reclaim
Enter LONG when price pierces through the swing low (sweeping resting long-side stops), then closes back above that level — a strong bounce signal
Built node by node
- OHLCV → Swing Low(10) — The downside liquidity level = the lowest low of the prior 10 bars (shift(1) built in, no extra Lag needed)
- Compare A: low < swing_low — The "sweep" — a wick pierces through the level, sweeping the stops resting below the swing low
- Compare B: close > swing_low — The "reclaim" — but price closes back above the level = selling pressure exhausted, buyers step back in
- AND — Both the sweep and the reclaim must happen on the same bar — that's the definition of a liquidity grab
- ATR → SL Calc → TP Calc (rr=2) → Signal — A precise entry justifies running RR 2:1; this example connects in-tp to show that TPCalc's rr mode needs in-sl connected from SLCalc
Nodes used in this recipe
- OHLCV
- Indicator
- Compare
- Logic Gate
- SL Calc
- TP Calc
- Signal