OPEN-SOURCE SCRIPT

Liquidity Zones (Pivot-based) Buyside/Sellside

142
Description

This indicator highlights potential liquidity zones based on confirmed swing highs and swing lows (pivot-based logic).

Buyside liquidity zones are drawn above swing highs, where short stops and breakout liquidity are likely to rest.

Sellside liquidity zones are drawn below swing lows, where long stops are typically clustered.

Zones are sized dynamically using ATR-based thickness, extended forward in time, and automatically removed once price trades through them (wick-based or close-based, configurable).

The script is designed to help traders:

Visualize areas where liquidity is likely to be targeted

Anticipate stop hunts and liquidity grabs

Improve timing around reversals, continuations, and range extremes

This tool is not a liquidation heatmap and does not rely on exchange or order book data.
Instead, it provides a price-action–based proxy for liquidity, fully compatible with ICT / SMC-style market structure analysis.

Key features :

-Pivot-based buyside & sellside liquidity zones

-ATR-adjusted zone thickness

-Automatic extension and cleanup of zones

-Adjustable sensitivity and zone limits

-Works on any market and timeframe

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.