Uses likely stop placements and liquidation points to visualize where there may be forceable buy or sell orders on the chart.
Good for catching wicks for entries or to see whether the bulls or the bears are in control. For example, a wick down into a liquidity point and a close back above it may be seen as bullish as the sell pressure was overwhelmed by the bulls.
Anyways, I like to use it for game theorizing for trend analysis.
Good for catching wicks for entries or to see whether the bulls or the bears are in control. For example, a wick down into a liquidity point and a close back above it may be seen as bullish as the sell pressure was overwhelmed by the bulls.
Anyways, I like to use it for game theorizing for trend analysis.
Versionshinweise:
updated to remove levels and show traps and squeezes by default. Updated indicator rolling out soon.