Expected Liquidity
Simple but effective script that displays Liquidity Premium/Discount areas in an adaptive way based on key Fibonacci levels.
You can increase or decrease the 'Period' value in the Settings to adjust the gap between the lines as you see fit.
By default the value is '46' which should suit most markets.
-The script contains Alerts which are triggered when a liquidity line is crossed by the price.
Good trading to all and don't forget, risk management remains the most important!
You can increase or decrease the 'Period' value in the Settings to adjust the gap between the lines as you see fit.
By default the value is '46' which should suit most markets.
-The script contains Alerts which are triggered when a liquidity line is crossed by the price.
Good trading to all and don't forget, risk management remains the most important!
Versionshinweise:
-Alerts has been removed cause they are not useful for this script
Versionshinweise:
-Added some style options
-Logic revision
-Minor improvements
-Logic revision
-Minor improvements
Versionshinweise:
-Code cleaning
Versionshinweise:
-Minor update
Versionshinweise:
-Default 'Period' option value has been set to 25 by default
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