Hidden Liquidity

27. Feb.

Hidden Liquidity Indicator: Detecting Breaker Blocks and Hidden Order Blocks (HOBs)

The Hidden Liquidity Indicator is a powerful tool designed to assist traders in identifying breaker blocks and hidden order blocks (HOBs). By analyzing untouched candle bodies within order blocks, it provides a systematic approach to evaluating fair value gaps (FVGs) and order blocks based on engulfing candles.

Features of the Hidden Liquidity Indicator

This indicator effectively differentiates between complete HOBs, partial HOBs and partially mitigated HOBs (PMHOBs), allowing traders to assess market structure with precision. The key classifications include:

HOB (Hidden Order Block): The candle body fully aligns within the FVGs without being touched by wicks, establishing a strong and reliable breaker block.

PMHOB (Partial Mitigated Hidden Order Block): The candle body is mitigated by less than 50%, making it a weaker version of the Hidden OB.

PHOBs (Partial Hidden Orderblock) : The candle body fits at least by 50% in the FVG making it also weaker than a common HOB

For an HOB to be considered valid, its equilibrium must be crossed by the FVGs, ensuring a focused and high-quality analysis of market structure.

Visualization and Market Structure Analysis

The Hidden Liquidity Indicator utilizes distinct color codes to enhance readability and clarity:

Bullish HOBs – Green

Bearish HOBs – Red

PMHOBs – Orange

PHOBs - Blue

Multi-Timeframe Analysis (MTF)

The indicator is capable of identifying HOBs,PHOBS and PMHOBs across all timeframes. Traders can seamlessly integrate their preferred timeframes by configuring the settings in TradingView.

Settings
You can choose wether you want the indicator to show PHOBs and PMHOBs

Why Use the Hidden Liquidity Indicator?

This indicator provides a structured and precise methodology for analyzing order blocks and breaker blocks. By focusing on untouched candle bodies and equilibrium levels, it offers a unique perspective on market structure that is often overlooked by traditional order block indicators. Its multi-timeframe analysis capability makes it an indispensable tool for traders seeking to refine their market strategy and enhance decision-making.

This guide serves as a comprehensive reference for optimizing the Hidden Liquidity Indicator, enabling traders to leverage its full potential for effective market analys

27. Feb.

Versionshinweise

V 3.1
FIX

• Partial HOB need to be more than 50% and less than 100% intersection
  

27. Feb.

Versionshinweise

FIX

• check if mitigated candles are hit by the current close price (latest price available)
  

28. Feb.

Versionshinweise

FIX

• Mitigate HOBs not evaluated correctly
  

3. März

Versionshinweise

BUG FIX
- Partial HOBs not shown correctly

FEATURE
- Be able to show current TF only
- Add support for High TF
- Add support to filter High TF settings

3. März

Versionshinweise

FIX
- fix stacking higher tf boxes if chart is beeing refreshed

3. März

Versionshinweise

FIX
- PineScript returns different results for using other timeframes depending on current chart

3. März

Versionshinweise

FIX
- higher tf than current seems to work better with sorting tf

3. März

Versionshinweise

FIX
- Memory bug in High TF view

7. März

Versionshinweise

FEATURE

• Add setting for color of texts
  
• Add drop down box for timeframe setting
  

BUG-FIX

• Reduce memory allocation
  

8. März

Versionshinweise

BUG-FIX

• Fix PHOB sometimes not displayed
  

14. März

Versionshinweise

BUG-FIX

• Partial HOB's shown but were already hit completly
  

16. März

Versionshinweise

BUG-FIX

• Partial not shown if second fvg candle hits partial OB
  

17. März

Versionshinweise

BUG-FIX

• improve performance
  

18. März

Versionshinweise

other

• performance improvements
  

20. März

Versionshinweise

FEATURE
- add Mid TF
- change TF Names to labels instead of boxes in labels

BUG-FIX
- TimeSwitch bug
- Fix some performance issues

20. März

Versionshinweise

BUG-FIX
- partial/mitigated check/uncheck not working

21. März

Versionshinweise

FEATURE

• Integrate opion for merging label
  
• Merge labels into 1 single label if overlapp is given
  

BUG-FIX

• Fix color setting for lable text
  

24. März

Versionshinweise

FEATURE

• Low TF integration
  
• Deviation setting to influence BB detection (0.04 recommanded)
  
• Add more TF to High TF (5-12W and 7-12M)
  
• Add possibility to change to Stock optimization (how TradingView requires HighTF data)
  

OTHER

• Move 11-20h to MTF
  

31. März

Versionshinweise

FEATURE

• Support color setting for all type of boxes
  
• Add labeling how many fvg's are hit by the bb
  
• Add better support to handle threshold for merging labels when overlapping
  

31. März

Versionshinweise

BUG-FIX

• Color setting for boxes only applied for the line of the box
  

6. Apr.

Versionshinweise

FEATURE

• Add min percentage value for engulfing candle
  

7. Apr.

Versionshinweise

OTHER

• Set default value of min bb size to 0
  

25. Apr.

Versionshinweise

FEATURE

• Setting Percentage Partial Threshold
  
• Setting Enable/Disable Box Border
  
• Set initial occupacity to 30%
  
• Split Mitigated and Partials for box settings in Bullish/Bearish
  
• Label Text Size
  

Experimental Feature

• Including 1-30/31-60 With 1000 candle max per tf (e.g. 1min -> 16.6h back, 10min -> 166.6h back)
  

27. Apr.

Versionshinweise

FIX

• lower TF sometimes not shown
  

12. Mai

Versionshinweise

FEATURE

• Add min fvg count setting to filter for fvg's
  
• Add more variability to set timeframes
  
• Shorten the name of the Hidden Liquidity level for more readablility
  

20. Mai

Versionshinweise

FEATURE

• Split minute timeframes to 1-9/10-30/31-59
  
• Add possibility to add 21h-24h to both mid and high timeframe
  
• Change labeling to P,M for partial and partial mitigated and m for minutes and remove spaces
  
• Change label to include hob type at first character
  

27. Mai

Versionshinweise

FEATURE
- change default settings
- range for displaying HOB's

27. Mai

Versionshinweise

FIX
- switch default setting to current

31. Mai

Versionshinweise

• Changes in default values of settings
  
• Higher Range for BB areas
  

3. Juni

Versionshinweise

Feature

• implemented EQ Mode
  

3. Juli

Versionshinweise

BUG-FIX
- add setting for max number of candles be analysed in the past (applies on every chart checked, higher timeframes are analyzed further into the past than lower ones with the same number of candles)

13. Juli

Versionshinweise

FEATURE
- include setting for mititagtion level
- include partially mitigated partial HOBS
- add settings for the new HOB type

OTHER
- optimize script regarding memory usage
- optimize script regarding processing time

13. Juli

Versionshinweise

OTHER
- change default setting of max candle back to 10k

8. Aug.

Versionshinweise

BUG-FIX
- fvg calculation sometimes missmatched for stocks

vorgestern

Versionshinweise

FEATURES
- Add hit delay
- Add custom timeframes
- Add settings for hit delay
- Add settings for custom timeframes

OTHER
- Minor changes regarding performance issues

vorgestern

Versionshinweise

Bug Fix

• disable Y on Custom TF mode
  

vorgestern

Versionshinweise

OTHER
- change hit delay default to 0