Candle Phase Sweep Pulse

What has to line up before a signal can print

Candle Phase Sweep Pulse is a liquidity-sweep indicator for MetaTrader 4. It is built around one narrow moment: price runs a level, snaps back, and breaks structure again while there is still enough of the candle left to act on. Outside that moment it stays silent.

Every closed candle is measured against:

• Reference - the prior swing high/low (fractal-confirmed over the lookback) and, optionally, the previous session high/low
• Sweep - price trading beyond the reference by at least the minimum sweep distance, with a wick-to-body ratio that marks a genuine rejection rather than a shallow poke
• Reclaim - a close back on the safe side of the swept level, arming a pending setup
• Candle phase - how early in the confirming candle's range the structure break lands
• Context filters - optional EMA trend, minimum ATR, spread cap, per-direction cooldown and manual news windows

What lands on your MetaTrader 4 chart is the structure reference line, an EMA baseline, the signal marker, and a trade box with the stop and targets already measured.

The candle-phase gate, and why timing is the filter

Most sweep-and-reclaim tools only check that price broke a level - they say nothing about when in the candle that happened. The candle-phase gate is what stops Candle Phase Sweep Pulse from confirming a move that is already over.

• The break is measured as a percentage of the confirming candle's own high-to-low travel
• A break that lands past the Max Candle-Phase limit (50% by default) is rejected even when sweep, reclaim and structure all agree
• The mistake this is built around is chasing the reclaim candle's close, which usually produces the worst fill of the whole move

How the gate is defined

• Sweep + Reclaim - price sweeps beyond the reference by at least the minimum sweep distance (15 points default), then closes back on the safe side, arming a pending setup
• Structure Level - the sweep candle's opposite extreme, which the next candle has to break to confirm
• Confirmation Window - the break must happen within a limited number of bars after the arm (3 by default)
• Candle-Phase Percent - how far into the confirming candle's range the break occurred, capped by the Max Candle-Phase input; an optional displacement filter can require the break to clear structure by a set ATR multiple

From swept to fired: reading a signal

Signals are evaluated on closed candles only, never on the candle still forming.

A BUY prints when:

• Price sweeps below the reference low and closes back above it with a qualifying rejection wick
• The next candle breaks above the sweep candle's high inside the confirmation window
• That break lands before the candle-phase limit
• The optional EMA, ATR, spread and session filters allow the bar, and no BUY has printed within the cooldown (6 bars default)

A SELL is the mirror image: a sweep above the reference high, a close back below it, then an early break below the sweep candle's low within the window, subject to the same filters and cooldown.

What appears on the chart:

• A signal marker offset from price by an ATR multiple, so the chart stays readable rather than glued to the bar
• A trade box with entry at the signal candle close, a stop beyond the sweep extreme plus an ATR buffer (0.50 ATR default), and R-multiple targets - TP1 at 1R is on by default, with further targets configurable
• A dashboard reporting the active reference, the live candle-phase percent and the last signal, plus alerts for BUY, SELL and invalidation

Is Candle Phase Sweep Pulse right for you?

It fits you if:

• You trade around session highs/lows and swept swings on gold, forex majors or indices
• You have been burned chasing a reclaim candle too late and want the timing filter built in
• You would rather have the stop and targets attached to the signal than size them afterwards
• You are comfortable working intraday on M1 to M30 charts

It fits you less well if you want a sweep alert on every level touch. A sweep is only useful while there is candle time left to act on it, and Candle Phase Sweep Pulse exists to separate those from the ones that are already over.

Installing it: copy the .ex4 file into the MQL4/Indicators folder inside your terminal's data folder, refresh the Navigator panel in MetaTrader 4, then drag Candle Phase Sweep Pulse onto the chart. Every threshold above is editable in the Inputs tab.

-> Browse the ZynAlgo marketplace

This indicator is provided for educational purposes only and does not constitute financial advice. Trading involves risk; past performance does not guarantee future results.