SMART C Liquidity Sweep and Rejection Detector
Info
The SMART C Liquidity Sweep and Rejection Detector is a Indicator for MetaTrader 5 that in the systemic environment of the financial markets, liquidity is the primary engine. Most retail traders place their stop losses exactly at obvious swing highs and lows, creating pools of liquidity that institutional algorithms target before a real move starts.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use SMART C Liquidity Sweep and Rejection Detector
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
In the systemic environment of the financial markets, liquidity is the primary engine.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Institutional Market Reversal - The Smart Money Concepts Way - another powerful indicator for MetaTrader 5 traders.
In the systemic environment of the financial markets, liquidity is the primary engine. Most retail traders place their stop losses exactly at obvious swing highs and lows, creating pools of liquidity that institutional algorithms target before a real move starts. This phenomenon is known as a "Liquidity Sweep" or "Stop Hunt."Also recommended: K-Means Machine Learning for Liquidity Clusters - similar indicator with strong performance on MetaTrader 5.
The SMART C Liquidity Sweep Detector is a professional tool that monitors the market's microstructure to identify these events in real-time. It doesn't just look for price breaking a level; it specifically looks for a "Fakeout" or "Rejection" — where price breaches a previous structural high or low but fails to sustain the move, closing back inside the range.Technical Logic and Features
Precision Detection
Automatically identifies and labels liquidity raids above previous Swing Highs and below previous Swing Lows.
Wick Rejection Filter
Only signals a sweep when the breach is made by a wick, followed by a strong price rejection.
Non-Repainting
Logic is based on closed candles, ensuring visual signals stay fixed on the chart for objective backtesting.
Modular Alerts
Includes terminal alerts to notify the trader the exact moment institutional liquidity has been cleared.
Input Parameters
SwingLookback
Defines the number of candles to identify meaningful structural highs and lows.
MinWickPercentage
The minimum percentage of the candle's total size that must be a wick to qualify as a valid rejection.
Color Settings
Customizable colors for Bullish and Bearish sweeps to match any chart template.
You may also like: Smart Money Concepts Indicator for MetaTrader 5 - excellent alternative for indicator users on MetaTrader 5.
⚠ 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.