Algospecial Liquidity Sweep Indicator MT5 — Free EX5 Download with 0–100 Sweep Score, EQH/EQL Detection & Non-Repainting Dashboard

Most liquidity indicators give you a binary answer: sweep or no sweep. This one grades every sweep 0–100 using six weighted components — wick rejection, ATR penetration depth, volume, body strength, EMA distance and equal-level touches — then tells you the trend, the HTF bias, and exactly how strong the signal is. Free EX5 download, no registration, no repaint.

Table of Contents

1. What This Indicator Detects (4 Sweep Types)
2. The 0–100 Sweep Score — Why Grading Beats Binary
3. Equal Highs/Lows — The Trap Inside the Trap
4. Input Parameters Reference
5. Accuracy Presets: XAUUSD & USDJPY
6. The Dashboard — Your Anti-Counter-Trend Discipline Tool
7. Non-Repaint Is Measurable — Here Is How to Prove It
8. Fade, Zones & Expiry — Market Memory Decay
9. How to Install the EX5 in MT5
10. How to Trade It: XAUUSD & USDJPY Charts Explained
11. Frequently Asked Questions

1. What This Indicator Detects — 4 Sweep Types, Not Just "Sweeps"

The Algospecial Advanced Liquidity Sweep indicator builds a live map of liquidity levels from confirmed major and minor swing highs/lows, then watches for four distinct stop-run events — each with its own arrow, its own color, and its own score:

Additionally, sweeps scoring at or above the Strong Sweep Threshold (default 70) print a circle marker — a visual "this one matters" flag. The sweep candle itself is recolored (green bullish / magenta bearish) so you can spot the exact bar that consumed the level even at a glance. Not just arrows: context.

The confirmation option: enable Require Next-Candle Confirmation and the indicator waits for the following bar to close in the sweep direction before printing a "CF" tag — for traders who refuse to react on the first sign of reversal.

XAUUSD (Gold): buy-side and sell-side liquidity levels with swept zones, score labels and the live dashboard.

2. The 0–100 Sweep Score — Why Grading Beats Binary

Here is the out-of-the-box design decision most "liquidity sweep indicator mt5 free download" tools never make: not every sweep deserves your money. A weak sweep with a 12% wick, dead volume and a runaway body is statistically a continuation, not a reversal. This indicator doesn't print them as equals — it scores them.

Every sweep is graded from 0 to 100 from six components:

Three Score Presets re-weight the components for your trading personality:

Scores translate into a tier economy: Elite (90+) → Strong (70+) → Medium (50+) → Weak (<50). Most professionals trade only Strong and Elite sweeps and use Medium/Weak as context. The Hide Sweeps Below Min Score toggle enforces this discipline mechanically — set it to 70 and weak noise disappears from your chart entirely.

3. Equal Highs/Lows — The Trap Inside the Trap

Single swing liquidity is where beginner SMC traders place their lines. Equal highs and equal lows are where the smart money actually hunts — because a level touched twice or three times holds a multiplied stop cluster. A double top doesn't just sit above two groups of breakout buyers' stops; it invites a third group who think "resistance held twice, third time breaks." That crowd is the liquidity.

This indicator's EQ engine tracks how many confirmed pivots each level has absorbed (touch counter, capped at 3 for scoring), switches the line to orange dashed the moment a second pivot lands within tolerance, and feeds the touch count directly into the sweep score — so an EQH sweep of a triple-touch resistance mathematically outscores a single-pivot BSL sweep. The chart itself now tells you where the bigger trap lives.

Two tolerance modes decide what "equal" means:

4. Input Parameters Reference

Everything is grouped into seven logical panels, and every group is toggleable. Here is the complete reference:

5. Accuracy Presets — XAUUSD & USDJPY

The indicator ships neutral. These two configurations are the strongest starting points for the two most hunted instruments:

Gold's wider ATR demands the Strict filter (40% wick, 20% body, 1.2× volume, 0.5 ATR range, 0.10 ATR pierce distance) — calm yen pairs handle Normal without starving you of signals. In Reversal trend mode you deliberately hunt counter-trend sweeps at range extremes — a powerful tactic during pre-news consolidation on gold.

6. The Dashboard — Your Anti-Counter-Trend Discipline Tool

The built-in panel isn't decoration — it solves the #1 execution failure among liquidity traders: forgetting which side of the market you're supposed to trade. It shows six live rows:

The dashboard auto-scales with your chart window and survives resizes without waiting for a new tick. When Current Trend and HTF Trend both read Bullish and an SSL sweep prints Strong — that is the exact confluence professional SMC traders wait hours for, now impossible to miss.

7. Non-Repaint Is Measurable — Here Is How to Prove It

Every vendor claims "no repaint." Almost nobody tells you how to verify it. This indicator's architecture makes the claim checkable in five minutes, no trust required:

Why it can't repaint, structurally: signal buffers are written only for completed bars (the forming bar's buffers are explicitly cleared on every tick), swing pivots require both left and right confirmation before a level is registered, and the optional CF confirmation adds a second closed-bar gate. Repainting requires evaluating unclosed candles — this code never touches them.

8. Fade, Zones & Expiry — Market Memory Decay

Markets forget. A liquidity level from 400 bars ago does not deserve the same visual weight as one from 20 bars ago. Three mechanisms handle this, and they're genuinely useful beyond cosmetics:

Fade: active levels age through intensity steps (fresh → 25 → 45 → 60 → capped at 70). Equal levels fade slower than singles — a double top stays mentally relevant longer than a random swing. Your eye is automatically trained on recent, high-probability pools.

Sweep Zones: when a sweep fires, a shaded rectangle marks the reversal zone — the sweep candle's range. That zone is your invalidation contract: if price re-enters and closes back through it, the reversal thesis is dead. Optional expiry (50/100 bars) auto-removes stale zones so your chart doesn't become a museum.

Lookback window + level cap: only the last 500 bars' levels are tracked and max 20 at once (FIFO recycling). Most charts with 40 drawn lines are unreadable — and unreadable charts produce hesitation, which produces losses.

One power move most traders never try: a swept level doesn't die — it flips. After an SSL sweep, the old sell-side level (now gray) frequently acts as support on the return leg. Keep swept levels visible and treat gray lines as potential re-test targets for continuation entries.

9. How to Install the EX5 in MT5 (60 Seconds)

Distribution policy: this tool ships as a compiled .ex5 only — the MQL5 source is not distributed publicly. This keeps the free version identical for everyone and prevents the usual 47 "modified" broken copies floating around forums. If you need a private, custom version (different scoring, alerts, auto-trading or a full EA), contact us for a custom build.

10. How to Trade It — XAUUSD & USDJPY Charts Explained

The indicator is a setup engine, not a money printer. Here is the execution framework that converts Strong/Elite sweeps into a repeatable system:

USDJPY: equal highs (orange dashed) raided by a BSL sweep — note the score label and the shaded sweep zone below the rejection candle.

Session note: gold sweeps cluster around London and New York opens; USDJPY's deepest stop pools live around Tokyo and the US session handover. If a Strong sweep prints during dead Asian hours on gold, the dashboard's HTF row will usually tell you whether the big players agree — that's the entire point of the panel.

Frequently Asked Questions