Sweep, CISD, MTF FVG & Key Levels"Sweep CISD FVG Key Levels" is a comprehensive multi-timeframe analysis tool built around three core concepts in price delivery — liquidity sweeps, change in state of delivery (CISD), and fair value gaps (FVG) — extended with a persistent key levels overlay that brings the most important structural reference prices directly onto the same chart. Designed for traders who want to understand how price moves between areas of liquidity, identify structural shifts, and anticipate expansion, this indicator consolidates several distinct analytical layers into a single, clean, and highly configurable overlay.
The tool is built to function on any asset and any timeframe, automatically pairing your current chart timeframe with a logical higher timeframe (HTF) so that all components remain contextually aligned. Every element updates dynamically and adapts in real time as new candles form, allowing analysts to follow the evolving structure of the market without manually updating drawings.
How It Works — Core Concepts
The indicator is structured around the relationship between a higher timeframe candle and the lower timeframe price action that develops within it. Understanding the primary components will allow you to get the most from the tool.
Wick Lick (Sweep Formation)
The Wick Lick is the foundational setup the indicator detects. It is formed when a higher timeframe candle sweeps a prior candle's high or low with its wick, then closes back inside the prior candle's range — indicating that liquidity has been taken and price has rejected the level. The indicator identifies several distinct forms of this formation:
Standard Bearish Wick Lick: the last closed HTF candle sweeps the prior high and closes below it, with the close sitting below the candle's own logarithmic midpoint.
Standard Bullish Wick Lick: the last closed HTF candle sweeps the prior low and closes above it, with the close sitting above the candle's own logarithmic midpoint.
Expansive Bearish Wick Lick: the prior candle itself swept a new high before the current HTF candle closes bearishly below the prior candle's body, capturing a two-candle sweep-and-rejection sequence.
Expansive Bullish Wick Lick: the mirror image — prior candle sweeps a new low, current closes bullishly above the prior body.
Pro-Trend Bearish Midpoint Sweep: a candle that wicks into but closes below the prior candle's low, having swept through the prior candle's midpoint from above.
Pro-Trend Bullish Midpoint Sweep: the inverse, where a candle wicks down through the prior candle's midpoint but closes above the prior high.
When a Wick Lick is identified, the indicator draws a highlighted zone spanning the logarithmic midpoint and close of the formation candle. This zone represents the anticipated area of price interest — the range from which a reaction or continuation is expected. A midline and optional close line are drawn within the zone to mark these exact levels. The zone extends forward across the current HTF candle's expected duration, so you can see at a glance how much time remains for a reaction to occur.
A Silver Wick Lick designation is applied when the formation occurs during the final quarter of the weekly cycle (Thursday 4H candle 5, or Friday), and the close breaks aggressively beyond both previous candle extremes — historically a high-probability condition.
Change in State of Delivery (CISD)
Once a Wick Lick forms, the indicator looks to the lower timeframe chart to detect a CISD — a series of candles moving in one direction that are then broken by a close in the opposite direction. This represents the moment the delivery state changes, and is the lower timeframe confirmation that the higher timeframe setup is beginning to play out.
The indicator automatically identifies the run of candles making up the opposing series, marks the extreme of that series, and then watches for a candle that closes decisively through it. When that break occurs, a CISD line is drawn from the start of the series to the breakout bar at the relevant price extreme, rendered in solid style so it stands out clearly.
You can configure whether the indicator uses full wicks or candle bodies to define the series extremes via the "Use Body for Confirmation" setting, which can tighten or loosen the threshold for what constitutes a valid CISD.
Projections
Following a confirmed CISD, the indicator draws projection levels forward from the break price. These levels are multiples of the series range — the distance between the high and low of the opposing candle series. By default, the levels 0.5, 1.0, 1.5, and 2.0 are plotted, each labelled with its multiple. These represent areas where price may deliver, pause, or reverse as the expansion move unfolds.
You can add, remove, or modify projection levels entirely using the comma-separated input field, with no limit on the number of levels you define.
Wick Lick Sweep Confirmation
The indicator also monitors for a secondary confirmation event: a pivot-level sweep that occurs while price is interacting with an active Wick Lick zone. When this occurs, the indicator prints a sweep label and optionally draws a confirmation line at the swept level. An alert fires automatically. This sweep confirmation provides a lower-timeframe entry signal embedded within the higher-timeframe setup, giving you precise timing context.
Key Levels
The indicator maintains a persistent set of key structural price levels drawn as horizontal lines extending to the right of the current bar, each labelled for instant identification. These levels reset or update automatically each day and require no manual input.
The following levels are tracked:
4H High / Low: the high and low of the most recently completed 4-hour candle, giving you the nearest structural reference from the 4H timeframe regardless of what chart timeframe you are on.
Previous Day High / Low: the full range of the prior trading day, a foundational reference for intraday bias and level interaction.
Previous Week High / Low: the prior week's range, useful for identifying higher timeframe targets and areas of potential reversal.
Previous Month High / Low: the prior month's range, providing the broadest structural context available from the fixed-period levels.
Asia Session High / Low: the high and low established during the Asia session (6pm–2am EST), which resets at the start of each new trading day at 6pm. This range is widely used as a reference for London and New York session behaviour.
London Session High / Low: the high and low formed during the London session (2am–8am EST), tracking the range established before the New York open.
HOD / LOD (High and Low of Day): the running high and low of the current trading day from 6pm onward. The line for each starts from the bar where the HOD or LOD was actually set, making it easy to see when and where the extremes were established. These update in real time as new highs or lows are made.
Market Open Lines: horizontal lines at the opening price of each major session boundary — the 6pm Globex open, the 8am Futures open, and the 9:30am RTH (Regular Trading Hours) open. Each line starts from its exact open bar and extends forward, giving you a precise reference for the price at which each session began.
All key level lines are drawn only on the final bar to avoid chart clutter, and each has its own independent toggle, colour, line style, and width setting. Labels appear to the right of the line extension and can be repositioned using the label offset input.
HTF Candle Visualisation
To the right of the current price, the indicator renders the most recent HTF candles as actual candlestick objects — body, upper wick, and lower wick — displayed in the chart's future space. This allows you to monitor the developing HTF candle in real time without switching timeframes.
Several visual elements accompany the HTF candle display:
Trace lines connect the current open, close, high, and low of the HTF candle back to their originating bars on the chart.
A label above the candle cluster shows the HTF name and optionally a countdown timer showing the time remaining until the current HTF candle closes.
A vertical line marks the start of each HTF candle period.
Midpoint dots are drawn between adjacent HTF candles using a logarithmic midpoint calculation.
Horizontal lines within the HTF display mark where one candle's close sweeps the prior candle's high or low wick.
Fair value gaps between non-adjacent HTF candles are highlighted as shaded boxes.
Volume imbalances between adjacent candle bodies are highlighted separately with a distinct colour.
Multi-Timeframe FVG Overlay
Independently from the HTF candle system, the indicator maintains a live fair value gap detection engine across two user-defined timeframes. These FVGs are drawn as boxes extending to the right and are automatically removed when price trades through them. Each timeframe has its own colour for bullish and bearish gaps.
Information Table
An on-chart table summarises the key state of the model at any given moment — the current timeframe pairing, the countdown to the next HTF candle close, and a bias reading based on the last two closed HTF candles.
Setup Guide
After adding the indicator to your chart, the first decision is your HTF mode. In Auto mode, the indicator selects the HTF based on your current chart timeframe using a fixed pairing table: 1M chart uses 15M HTF, 3M uses 30M, 5M uses 1H, 15M uses 4H, 30M or 1H uses Daily, 4H or 8H uses Weekly, and Daily uses Monthly. If you prefer to define your own pairing, switch to Custom mode and select your HTF manually.
Set "Max Display" to control how many historical HTF candles are retained and displayed at any one time. A value of 4 is the default.
Choose your Wick Lick Bias if you only want to monitor one direction. Bullish will suppress bearish formations and vice versa. None shows all formations.
Decide whether you want to use candle bodies or wicks for the CISD confirmation logic using the "Use Body for Confirmation" toggle.
For the Key Levels section, each level group has its own enable toggle so you can show only what is relevant to your session and strategy. The label offset and line extension inputs control how far right the labels and lines project from the current bar. All session-based levels (Asia, London, HOD/LOD, market opens) are referenced to the America/New_York timezone and reset automatically at the 6pm Globex open each day. If you are trading instruments that do not have a 6pm Globex session, the market open lines and session levels will simply remain empty until price reaches those hours.
Configure your projection levels to match your personal framework using the comma-separated Projection Levels field. "Extend Latest Projections to Current Bar" keeps the most recent set of projections extending to the live bar.
For the MTF FVG panel, enable Timeframe 1 and Timeframe 2 and set each to the timeframes most relevant to your strategy. Choose distinct colours for each so they are easy to distinguish.
Input Reference
HTF Candle section controls everything related to the higher timeframe candle display. HTF Mode and Custom Timeframe define the pairing. Show HTF enables or disables the entire candle cluster. Max Display sets the candle history depth. Use Actual Day Change for Daily HTF is an alternative detection method for the daily candle boundary. Bull/Bear body, border, and wick colours are fully customisable. Padding, spacing, and candle width give fine control over the layout. Trace lines can be toggled independently per OHLC level. Show Chart Sweeps enables the horizontal lines drawn between HTF candles at sweep levels.
Wick Lick section controls setup detection and display. Wick Lick Bias filters by direction. Show Wick Lick enables zone drawing. Extend Latest Wick Lick to Current Bar keeps the active zone expanding. Show Only Latest Wick Lick removes all prior zones when a new one is detected. Line style, transparency, midline width, and close line visibility are all configurable. Show Silver Wick Lick enables the end-of-week premium condition. Hide Wick Lick When Trading Against dynamically suppresses zones that are no longer valid. Delete Wick Lick When Trading Against fully removes them. Sweep confirmation labels, confirmation lines, and C2/C3/C4 structural labels are each independently toggled.
Info Table section controls the on-chart table position, colours, border and frame widths, and text size.
HTF Lines section controls the vertical candle boundary lines and the HTF name and timer labels above the candle cluster.
Labels section controls price labels on HTF candle OHLC levels, off by default.
Volume Imbalance section enables and colours the volume imbalance boxes between adjacent HTF candles.
HTF FVGs section enables and colours the fair value gap boxes within the HTF candle cluster.
CISD and Projections section controls CISD line appearance and the forward projection levels, including the level multiples, colour, and extension behaviour.
MTF FVG Timeframes section configures the two independent FVG timeframes, each with its own enable toggle, timeframe selector, max count, and bull/bear colours.
Key Levels section controls all structural reference lines. A global label offset and line extension setting applies to all levels. Label text colour and size are shared across all labels. Each level group — 4H High/Low, Previous Day, Previous Week, Previous Month, Asia Session, London Session, HOD/LOD, and Market Opens — has its own enable toggle, colour pickers for the high and low lines, line style selector, and width setting. The three market open lines (Globex, Futures, RTH) each have their own toggle and colour within the Market Opens group.
Alert Conditions
The indicator fires native TradingView alerts for the following events:
Bullish Wick Lick Sweep Confirmed — triggers when a pivot high is swept while price is inside a bullish Wick Lick zone and closes back above the pivot.
Bearish Wick Lick Sweep Confirmed — the mirror event for bearish zones.
Silver Bullish Wick Lick — triggers when a bullish formation occurs during the elevated-condition window and close exceeds both prior candle highs.
Silver Bearish Wick Lick — the equivalent for bearish formations.
Silver Expansive variants of both directional types.
To receive alerts, add the indicator to your chart, open the Alerts panel, create a new alert, and select the indicator from the condition dropdown.
Tips for Effective Use
The indicator is most powerful when used to track a single setup from formation through to confirmation. When a new Wick Lick forms, note the zone's midline and close line — those are the levels that matter most for the near-term candle. Watch for a CISD on your lower timeframe chart as price attempts to leave the zone.
Use the key levels as context for every setup. A Wick Lick zone forming at or near the Previous Day High, Asia High, or a market open price carries additional significance because multiple structural references are converging. The HOD and LOD lines are particularly useful for tracking whether price is making a new extreme or respecting an established boundary for the session.
Use the Silver designation as a quality filter. Formations that qualify as Silver carry the additional context that they are occurring late in the weekly cycle, where distribution or accumulation tends to be more decisive.
The bias reading in the info table gives you a quick directional read based purely on HTF candle behaviour. Use this alongside your own market structure analysis rather than in isolation.
If the chart becomes cluttered, use "Show Only Latest Wick Lick" and "Show Only Latest Sweep" to reduce it to the single most relevant setup. You can also disable individual key level groups from the Key Levels settings to remove any levels that are less relevant to your current session or instrument.
The MTF FVG layer works independently and requires no interaction — it simply maintains a live view of open imbalances from two timeframes.
Disclaimer
This indicator is provided for informational and educational purposes only. It does not constitute financial advice, investment advice, or a trading recommendation of any kind. Past formations and historical signals are not indicative of future results. The user assumes full responsibility for any trading decisions made using this tool. Always apply your own analysis and risk management.
Credits:
Massive thanks to @mindyourbuisness for the excellent code to identify the key sweep box areas & CISD + projections
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