The Swing Failure Pattern (SFP) Scanner is a professional price action indicator designed to identify one of the most popular smart money trading setups. It automatically scans multiple symbols and timeframes to detect Bullish and Bearish Swing Failure Patterns, helping traders identify potential market reversals caused by liquidity grabs.
Instead of manually checking every chart, the indicator displays all detected setups in a convenient dashboard, allowing traders to quickly open the corresponding chart and analyze the trading opportunity.
Official Information
Indicator Name: Swing Failure Pattern (SFP) Scanner
Platform: MetaTrader 4 (MT4)
Category: Price Action / Liquidity Indicator
Version: Latest
Official Website: MQL5 Marketplace
Official Price: Check Official Website $30
SFXLAB Price: FREE
License Educational Purpose
What is a Swing Failure Pattern (SFP)?
A Swing Failure Pattern occurs when price briefly breaks above a previous swing high or below a previous swing low, triggering stop-loss orders, before quickly reversing back inside the previous range.
This type of price action is commonly associated with liquidity sweeps, where larger market participants collect liquidity before moving the market in the opposite direction.
Bearish SFP
- Price moves above a previous swing high.
- Buyers are trapped.
- Price closes back below the swing high.
- Possible short-selling opportunity.
- Bullish SFP
- Price moves below a previous swing low.
- Sellers are trapped.
- Price closes back above the swing low.
- Possible buying opportunity.
Key Features
- Automatic Swing Failure Pattern Detection
- Bullish & Bearish SFP Identification
- Multi-Symbol Scanner
- Multi-Timeframe Support
- Interactive Dashboard
- One-Click Chart Opening
- Visual Pattern Drawing
- ATR-Based Stop Loss Marker
- Customizable Pattern Colors
- Popup Alerts
- Email Notifications
- Fast Market Scanning
How It Works
The indicator continuously scans your selected Forex symbols and timeframes for Swing Failure Patterns.
Once a valid setup is detected, it automatically:
- Draws the pattern on the chart.
- Displays the signal in the dashboard.
- Sends an alert or email (if enabled).
- Allows you to open the selected chart with a single click.
- This saves valuable time and ensures you never miss high-probability reversal setups.
Why Use This Indicator?
- Scan multiple charts automatically.
- Detect liquidity grabs without manual analysis.
- Save time with dashboard monitoring.
- Receive instant trading alerts.
- Improve reversal trade identification.
Frequently Asked Questions
What is an SFP?
A Swing Failure Pattern is a liquidity-based reversal setup where price briefly breaks a swing level before reversing in the opposite direction.
Does the indicator scan multiple symbols?
Yes. It can monitor multiple Forex pairs simultaneously.
Can it send alerts?
Yes. Popup and email notifications are supported.
Is it suitable for beginners?
Yes, although understanding support, resistance, and liquidity concepts will help you use it more effectively.
Can it be used with Smart Money Concepts (SMC)?
Yes. It works well alongside Smart Money Concepts, Order Blocks, Fair Value Gaps (FVG), and Supply & Demand analysis.