Liquidity Lines (Pivots)

📌 Indicator Description

MTF Liquidity Levels (Pivots) — Wick / Close Sweeps is a multi-timeframe liquidity indicator designed to help traders identify and track buy-side and sell-side liquidity based on pivot highs and lows.

The indicator automatically detects liquidity levels on selected higher or lower timeframes and projects them forward on your chart as horizontal levels. These levels often act as price magnets, targets, or areas of potential reversals, especially in institutional-style trading approaches.



🔍 How It Works

Liquidity levels are derived from confirmed pivot highs and pivot lows.
Each level is drawn from the candle wick where liquidity is formed.
Levels can be displayed from multiple timeframes simultaneously (MTF).
When price sweeps a liquidity level, the indicator can:
Terminate the line and apply a swept style, or
Remove the level entirely.
Sweep detection can be based on:
Wicks (high/low crossing the level), or
Closes (close price crossing the level).

⚙️ Key Features

✅ Multi-timeframe liquidity detection (1m → Weekly)
✅ Buy-side (highs) and sell-side (lows) liquidity levels
✅ Wick-based or close-based sweep detection
✅ Configurable behavior after a sweep (terminate or delete)
✅ Separate styling for active vs swept levels
✅ Line style selection (solid / dashed / dotted)
✅ Maximum levels per timeframe to avoid chart clutter
✅ Optimized and safe execution (no repainting of confirmed pivots)

📈 Typical Use Cases

Identifying liquidity pools above highs or below lows
Targeting price runs into liquidity
Anticipating stop hunts and reversals
Combining with market structure, FVGs, or session highs/lows
Refining entries and exits using higher-timeframe liquidity

⚠️ Important Notes

Pivot-based liquidity levels are confirmed only after the pivot is formed (non-repainting).
Liquidity sweeps are detected in real time once price interacts with the level.
This indicator is a tool, not a trading strategy — always combine it with proper risk management.

📬 Contact & Support

If you have questions, suggestions, or feature requests, feel free to reach out:

Email: [e-mail]

LinkedIn: linkedin.com/in/jakubdoskar/