_mr_beach Liquidity Sweep + VWAP V2 Trend Filter, Presets — Strategy by ReneHerkert
By ReneHerkert
Performance Metrics
- Author: ReneHerkert
- Symbol: NASDAQ:INTC
- Timeframe: 1 day
- Net P&L: −48.27 USD (−0.48%)
- Win Rate: 33.2%
- Profit Factor: 0.907
- Max Drawdown: 85.51 USD (0.85%)
- Total Trades: 689
Description
_mr_beach Liquidity Sweep + VWAP Reversal V2 (Trend Filter, Presets)OverviewThis strategy models a common institutional market behavior:Liquidity is taken above the previous day’s high or below the previous day’s low, followed by a return toward fair value (VWAP) and a reversal in the direction of the dominant trend.The script is designed as a TradingView Strategy for systematic backtesting and optimization.________________________________________Core Logic• Liquidity Levelso Previous Day Higho Previous Day LowUsed as typical stop-liquidity zones.• Fair Valueo VWAP is used as confirmation that price has returned to a fair value area.• Trend Filtero EMA-based trend direction filter to avoid counter-trend trades.________________________________________Trading RulesTrend Filter• Long trades only when price closes above EMA.• Short trades only when price closes below EMA.Liquidity Sweep• Bullish sweep: Price trades below Previous Day Low.• Bearish sweep: Price trades above Previous Day High.Entry Confirmation• Longo Sweep below Previous Day Lowo Close back above Previous Day Lowo Close above VWAP• Shorto Sweep above Previous Day Higho Close back below Previous Day Higho Close below VWAP________________________________________Risk Management• Stop Loss: ATR-based• Take Profit: ATR-based• Risk automatically adapts to market volatility.• All multipliers are user-adjustable.________________________________________Preset ProfilesThe script includes ready-to-use preset profiles:• Index – conservative, session-based, one trade per day• Forex – session-filtered, moderate volatility settings• Crypto – higher volatility parameters, no session filter• Custom – fully manual configurationPresets control EMA length, ATR settings, SL/TP multipliers, session usage, and trade frequency.________________________________________Session & Trade Control• Optional session filter (default: US regular session)• Optional one trade per day limit to reduce overtrading and noise________________________________________Chart Elements• EMA (trend direction)• VWAP (fair value)• Previous Day High / Low (liquidity zones)________________________________________Alerts• Long setup: Liquidity sweep + VWAP reversal• Short setup: Liquidity sweep + VWAP reversal________________________________________Recommended Usage• Markets: Indices, liquid stocks, Forex majors, crypto• Timeframes: 5m and 15m• Parameters should be optimized per market and timeframe.________________________________________DisclaimerThis script is for educational and backtesting purposes only.It does not constitute financial advice.Performance depends on market conditions, timeframe, fees, and execution.Tags: Liquidity, VWAP, EMA, Reversal, Sweep, Smart Money, ICT, ATR, Strategy