OPEN-SOURCE SCRIPT
ICT Turtle Soup (Liquidity Reversal)
ICT Turtle Soup — Liquidity Reversal Detection
Trap the Trap: A Precision Reversal Strategy from the Inner Circle Trader Playbook
This indicator implements the Turtle Soup liquidity reversal setup — a widely used ICT (Inner Circle Trader) concept that targets false breakouts beyond recent swing highs or lows. These patterns typically occur when price grabs liquidity above or below a known level, then snaps back, trapping retail traders and creating a high-probability reversal scenario.
🔍 What This Script Does:
Detects Liquidity Sweeps Above/Below Key Swing Levels
Uses a customizable swing lookback to identify recent swing highs and lows.
Triggers a Bearish Turtle Soup when price runs above a previous swing high and closes back below.
Triggers a Bullish Turtle Soup when price sweeps below a prior swing low and closes back above.
Plots Clear Visual Signals
Reversal signals appear as 🐢🔻 (Bearish) or 🐢🔺 (Bullish) markers directly on your chart.
Optional labels can be enabled for enhanced journaling and review.
Real-Time Alerts
Receive alert notifications when a Turtle Soup setup is detected — ideal for scalpers or intraday traders watching for reversals around liquidity pools.
⚙️ Customization Options:
Set the swing lookback sensitivity (default: 5)
Enable or disable labels
Choose label font size
Customize colors for bullish and bearish signals
💡 How to Use:
Deploy on intraday timeframes (e.g. 5m–15m) for high-resolution liquidity analysis.
Watch for signals at key highs/lows, session extremes, or zones where liquidity is likely resting.
Combine with tools like FVGs, Order Blocks, and OTE zones for layered confirmation.
🔗 Combine With These Tools for a Complete SMC Edge:
✅ First FVG — Opening Range Fair Value Gap Detector
✅ ICT SMC Liquidity Grabs + OB + Fibonacci OTE Levels
✅ Liquidity Levels — Smart Swing Lows
Together, these tools form a high-precision Smart Money toolkit — helping traders map, anticipate, and act on institutional-level liquidity events with clarity and confidence.
Trap the Trap: A Precision Reversal Strategy from the Inner Circle Trader Playbook
This indicator implements the Turtle Soup liquidity reversal setup — a widely used ICT (Inner Circle Trader) concept that targets false breakouts beyond recent swing highs or lows. These patterns typically occur when price grabs liquidity above or below a known level, then snaps back, trapping retail traders and creating a high-probability reversal scenario.
🔍 What This Script Does:
Detects Liquidity Sweeps Above/Below Key Swing Levels
Uses a customizable swing lookback to identify recent swing highs and lows.
Triggers a Bearish Turtle Soup when price runs above a previous swing high and closes back below.
Triggers a Bullish Turtle Soup when price sweeps below a prior swing low and closes back above.
Plots Clear Visual Signals
Reversal signals appear as 🐢🔻 (Bearish) or 🐢🔺 (Bullish) markers directly on your chart.
Optional labels can be enabled for enhanced journaling and review.
Real-Time Alerts
Receive alert notifications when a Turtle Soup setup is detected — ideal for scalpers or intraday traders watching for reversals around liquidity pools.
⚙️ Customization Options:
Set the swing lookback sensitivity (default: 5)
Enable or disable labels
Choose label font size
Customize colors for bullish and bearish signals
💡 How to Use:
Deploy on intraday timeframes (e.g. 5m–15m) for high-resolution liquidity analysis.
Watch for signals at key highs/lows, session extremes, or zones where liquidity is likely resting.
Combine with tools like FVGs, Order Blocks, and OTE zones for layered confirmation.
🔗 Combine With These Tools for a Complete SMC Edge:
✅ First FVG — Opening Range Fair Value Gap Detector
✅ ICT SMC Liquidity Grabs + OB + Fibonacci OTE Levels
✅ Liquidity Levels — Smart Swing Lows
Together, these tools form a high-precision Smart Money toolkit — helping traders map, anticipate, and act on institutional-level liquidity events with clarity and confidence.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.