Liquidity Sweep Reversal [Grimoire]

The Liquidity Sweep Reversal indicator is designed to spot potential turning points by watching for “liquidity sweeps” above key prior highs. Specifically, it marks when price briefly pushes above levels such as:

The high of the previous candle

The high of the prior trading day

The high of the previous week

These sweeps often trigger stop-hunts or liquidity hunts, after which price frequently reverses. By highlighting those moments, the indicator helps you anticipate and trade these reversal moves more easily.