ICT/Smart Money Reversal Strategy — 8AM Manipulation Range · Liquidity Sweep · IFVG Entry
IRON-SIGHT-V2 is an ICT / Smart Money Concepts (SMC) based reversal strategy targeting the 8AM–9AM New York session manipulation range. It identifies when institutional players sweep liquidity at key levels, then enters on an Inverted Fair Value Gap (IFVG) confirmation as price reverses.
The strategy is structured as three named subsystems: OVERWATCH (HTF data), VANGUARD (execution engine), and SENTINEL (risk management), reflecting a modular, ops-style architecture.
America/New_York. This is configurable via the
Mission Timing input group. Ensure your chart timezone matches or the session
hours will be offset.
The hour from 8AM–9AM NY is commonly used by institutional traders to manipulate price — sweeping above prior highs or below prior lows to trigger retail stop orders and build liquidity. The script captures the full high-to-low range of this hour and plots it as cyan lines on the chart.
A high sweep occurs when price crosses above the previous day's high or the 8AM range high. A low sweep occurs when price crosses below the previous day's low or the 8AM range low. These events are marked with triangle shapes on the chart.
A Fair Value Gap (FVG) is a 3-bar imbalance where candle 1 and candle 3 do not overlap. An Inverted FVG (IFVG) occurs when price re-enters that gap from the opposite side — signaling that the original imbalance has been "filled" and a reversal is likely.
| Type | Original FVG | IFVG Signal | Bias |
|---|---|---|---|
| Bullish IFVG | Bearish gap (high[0] < low[2]) | Price closes back above that gap | Long |
| Bearish IFVG | Bullish gap (low[0] > high[2]) | Price closes back below that gap | Short |
strategy.position_size == 0. The strategy will not
add to an existing position or flip directly from long to short without first being flat.
| Parameter | Default | Description |
|---|---|---|
| Take Profit | 400 ticks | Distance in ticks from entry to TP. Adjust for your instrument's tick size. |
| Stop Loss Buffer | 50 ticks | Distance in ticks from entry to SL. Tight by design — the sweep/IFVG setup has a defined invalidation point. |
| Exit Comment | "TP/SL Hit" | Label shown in strategy tester when position closes |
| Data Source | Variable | Usage |
|---|---|---|
| Previous Day High | prev_day_high |
Liquidity sweep detection — high sweep triggers short bias |
| Previous Day Low | prev_day_low |
Liquidity sweep detection — low sweep triggers long bias |
| 1H Highs/Lows | htf_high / htf_low |
Fetched via request.security("60") — available for future order block logic |
barmerge.lookahead_on to ensure the prior day's high/low
is available at the start of the current session. This is correct for live trading but may
create minor bias in backtesting on historical data. Results should be validated on live/paper.
| Element | Style | Description |
|---|---|---|
| 8AM Range High | Cyan dashed line | Upper boundary of the 8AM manipulation range |
| 8AM Range Low | Cyan dashed line | Lower boundary of the 8AM manipulation range |
| High Sweep marker | Red triangle (above bar) | Marks bars where a high-side liquidity sweep occurred |
| Low Sweep marker | Green triangle (below bar) | Marks bars where a low-side liquidity sweep occurred |
| Entry markers | TradingView default | Strategy engine auto-marks long/short entries in the tester |
V2 sends separate payloads for long and short entries, with richer metadata than V1:
| Field | Description |
|---|---|
secret | Auth token — NIGHTHAWK returns 401 Unauthorized if missing or wrong |
model_id | Must match the model_id in the SENTINEL models table exactly |
ticker | TradingView full symbol ID (syminfo.tickerid) including exchange prefix |
action | BUY, SELL, or TEST |
price | Close price at the entry bar |
metadata.tier | Strategy classification — always "8AM_REVERSAL" in V2 |
metadata.liquidity | Which side was swept — Low_Sweep triggers long, High_Sweep triggers short |
metadata.note | Confirmation type — always "IFVG Confirmed" |
metadata.timestamp | Unix millisecond timestamp from TradingView's timenow |
A 7-row table in the top-right corner updates on every final bar. All six conditions must be satisfied for a valid entry signal.
| Row | Condition | Green When |
|---|---|---|
| 8AM Range Set | not na(range_8am_high) and not na(range_8am_low) | 8AM hour has passed and range is captured |
| Liquidity Swept | swept_high or swept_low | Price crossed a key level during or after 8AM |
| IFVG Confirmed | ifvg_long or ifvg_short | An IFVG pattern is present on the current bar |
| Trading Window | can_trade (hour ≥ 9 and < 12) | Current NY time is within the execution window |
| Sweep Direction | Text display | Shows "Low" (long bias) or "High" (short bias) |
| Signal Bias | long_condition / short_condition | Shows LONG or SHORT when all conditions align |
Found in the Execution Logic settings group. When toggled ON, fires a TEST payload
via alert() on the next bar close. Used to verify the full NIGHTHAWK pipeline
without waiting for a live signal.
strategy.entry(alert_message=...)): alert condition = Order fillsalert()): alert condition = Any alert() function call| Group | Parameter | Default | Notes |
|---|---|---|---|
| Mission Timing | 8AM Range Start Hour | 8 | Hour in NY time when range tracking begins |
| Mission Timing | 8AM Range End (NY Open) | 9 | Hour when trading window opens and range locks |
| Mission Timing | Timezone | America/New_York | Must match your target session |
| Execution Logic | Require IFVG for Entry | true | If false, VANGUARD enters on sweep alone (less selective) |
| Execution Logic | Take Profit (Ticks) | 400 | Calibrate to your instrument's tick value |
| Execution Logic | Stop Loss Buffer (Ticks) | 50 | Tight SL — assumes precise entry on IFVG confirmation |
| Execution Logic | FORCE MANUAL TRIGGER | false | Toggle ON to fire a TEST webhook for pipeline verification |
Alt+P), clear existing code, paste Iron_sight_v2.pine, click Add to chart.America/New_York and adjust TP/SL ticks for your instrument.