Unraided Liquidity and S/R Pivots
This indicator is designed to show key pivot points, also known as levels, which could provide good trade entries.
Utilising liquidity concepts, untested pivot levels can be a good place to enter a trade after the pivot is tested, liquidity is taken and the direction reverses.
Alternatively, utilising the option of viewing already tested levels, you can easily see the key support and resistance areas that price is likely to have a strong reaction to, whether it wants to go toward or bounce away from these levels.
The indicator does not give buy and sell signals, it is up to you to use the levels to form your trading plan.
Oorah.
Utilising liquidity concepts, untested pivot levels can be a good place to enter a trade after the pivot is tested, liquidity is taken and the direction reverses.
Alternatively, utilising the option of viewing already tested levels, you can easily see the key support and resistance areas that price is likely to have a strong reaction to, whether it wants to go toward or bounce away from these levels.
The indicator does not give buy and sell signals, it is up to you to use the levels to form your trading plan.
Oorah.
Versionshinweise:
Fixed an issue with repainting.
Fixed an issue where current bar was not removing lines when looking at untested only.
Fixed an issue where current bar was not removing lines when looking at untested only.
Versionshinweise:
Added bar merging for gaps and invalid symbol exceptions.
Versionshinweise:
Removed bar merging due to array element issue.
Versionshinweise:
Increased max lines count
Fixed some array size index errors
Fixed some array size index errors
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