liquidity sweep h4 - m15 (swing highs and lows) / mq l5
Info
The liquidity sweep h4 - m15 (swing highs and lows) / mq l5 is a Expert Advisor for MetaTrader 5 that expert advisor to identify and trade liquidity sweepsthis expert advisor identifies swing highs and lows on the h4 timeframe and monitors the m15 chart for liquidity sweeps. a liquidity sweep is defined as price temporarily breaching a swing level and then closing beyond it.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use liquidity sweep h4 - m15 (swing highs and lows) / mq l5
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
expert advisor to identify and trade liquidity sweepsthis expert advisor identifies swing highs and lows on the h4 timeframe and monitors the m15 chart for liquidity sweeps.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: hunter, liquidity library and fvg detection library - another powerful expert for MetaTrader 5 traders.
expert advisor to identify and trade liquidity sweepsAlso recommended: exp binary wave st dev - similar expert with strong performance on MetaTrader 5.
this expert advisor identifies swing highs and lows on the h4 timeframe and monitors the m15 chart for liquidity sweeps. a liquidity sweep is defined as price temporarily breaching a swing level and then closing beyond it.
upon detecting a sweep, the ea automatically places a buy or sell trade. lot size is calculated based on a fixed monetary risk, stop-loss distance, and tick value for consistent risk management.
the system provides visual feedback by drawing arrows on the chart to indicate executed trade signals.
the ea manages arrays of swing highs and lows, updating them dynamically. new h4 candles can confirm fresh swing points, while m15 sweeps can invalidate existing ones. helper functions are used for fetching candle data, managing arrays, and calculating lot sizes.
example results (eur/usd range = 21, sl_points = 1500, rr=0.2) - 2026
You may also like: gaps - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#include <trade/trade.mqh>
ctrade trade;
input int range = 21;
double swinghighs[100];
double swinglows[100];
int swinghighcount = 0;
int swinglowcount = 0;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.