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LQ plots w/filled - 0x/Gh0st

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Liquidity Indicator

This indicator identifies significant swing highs and swing lows based on user-defined pivot strength and projects them forward as potential liquidity and reaction levels.

When a valid swing forms, the script:

1. Draws a horizontal level at the swing price
a. Optionally extends that level forward in time
b. Visualizes the level as a line and/or price box
c. Tracks the level until price interacts with or fills it

2. When price trades back through a level:
a. The level is marked as filled
b. A clear X marker is drawn at the point of fill
c. The level is optionally removed or hidden based on user settings

3. Useful for:
a. Designed for traders who focus on:
1. Market structure
2. Liquidity targets

Swing-based support and resistance

Identifying where price has already “paid” liquidity

This tool is structure-driven, it highlights where price has reacted and where it has not, letting YOU, the trader decide how to act.

Aviso legal

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