Scored Liquidity-Sweep Entries with Trend and Session Filters
Summary
The available script excerpt describes a rules-based entry system that scores long and short setups using liquidity sweeps around the Asian session’s high and low. A sweep must include a sufficiently large wick and a candle closing back in the opposite direction. The score also considers a large directional candle, alignment of price and moving averages, higher-timeframe EMA direction, New York session timing, and simple trend and choppiness classifications. Trades are filtered by a configurable minimum score, with an option to require the highest grade.
The excerpt includes ATR-based stop and target inputs, but ends before the execution section, so the precise exit logic and other trade-management details are unavailable. It provides no backtest configuration or performance evidence. The rules are therefore a description of the proposed method, not evidence of effectiveness. The session ranges, wick thresholds, moving-average lengths, regime tests, and scoring weights are fixed or configurable assumptions that may behave differently across instruments and timeframes.
Key ideas
- The system scores potential entries using session-range sweeps, candle shape, trend alignment, and timing filters.
- A sweep requires price to exceed the Asian session range and then close in the opposite direction.
- Higher-timeframe EMA alignment and simple trend and choppiness tests contribute to the setup score.
- A configurable score threshold determines whether long or short conditions qualify.
- The excerpt ends before trade execution details and provides no backtest results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.