Liquidity Zones

vor 14 Stunden

This indicator automatically identifies and plots high-probability support and resistance zones based on institutional flow and pivot math. Unlike standard indicators that show every possible level, this script uses a smart "Volume & Velocity" filter to only display zones where significant market activity occurred.

These zones represent Market Inefficiencies. They mark specific price levels where the market moved aggressively away from 'zones' without looking back. These 'gaps' in the auction process often act as magnets for price, forcing a return to the zone to fill pending institutional orders and rebalance the market

Key Features

1. Smart Filtering: Only plots zones created during selected timeframes with Strong Trend
Momentum or Price/Volume Divergence. Weak zones are automatically ignored to keep the
chart clean.

2. Auto-Invalidation: Zones are projected forward in time until price touches them. Once price
enters a zone, it automatically turns gray and stops extending, indicating the liquidity has
been tested.

How to Use

1. Blue Boxes (Fresh Zones): These are untested liquidity levels. Look for price reactions
(reversals or bounces) when price approaches these extended blue zones.

2. Sky Blue Boxes (Tested Zones): Once a candle touches a blue box, it turns Sky Blue. This
means the level is no longer "fresh" and should be treated with caution or ignored.

3. Timeframes: This indicator is fractal, meaning it works on any timeframe, you can use 1,3,5 for ltf confirmations and scalping and 15,30,1h for htf confluence or intraday trading

Settings

# Show Filtered Zones: Toggle the visibility of the boxes on/off.

# Zone Timeframe: Controls the data used to calculate the zones.

# Colors: Customize the color of Fresh (Untested) vs. Touched (Tested) boxes.

-- 1nonly V

vor 11 Stunden

Versionshinweise

Removed Timeframe Input

The script now calculates everything based on the Current Chart Timeframe automatically.

If you are on a 5m chart, it finds 5m zones.

If you are on a 30m chart, it finds 30m zones.

vor 11 Stunden

Versionshinweise

fixed some bugs