OPEN-SOURCE SCRIPT
TX Ultra Zone LIQ [Universal]
Overview
TX Ultra Zone LIQ is an intelligent liquidity mapping instrument designed to detect Buy-Side Liquidity (BSL), Sell-Side Liquidity (SSL), and structural price anomalies. This script helps traders read the footprints of market manipulation (stop hunts) validated by volume surges and institutional momentum shifts.
What It Does
Liquidity Mapping: Dynamically projects BSL and SSL lines based on structural market pivots.
Sweep Detection: Marks manipulation zones (X-cross) where liquidity is swept alongside an above-average volume spike.
Displacement Confirmation: Highlights the exact candles (Orange/Aqua) that form a Fair Value Gap (FVG) shortly after a sweep, confirming an institutional shift in interest.
How It Works (Conceptual)
Layer 1 (Context): Identifies crucial structural swings as liquidity pools (BSL/SSL).
Layer 2 (Event): Monitors price interaction at these liquidity levels. If the price breaches a BSL/SSL level and immediately pulls back (a "sweep") with an anomalous volume signature (Relative Volume), the system registers this as a potential stop hunt.
Layer 3 (Confirmation): Measures the post-sweep impulse. If an aggressive price displacement occurs (leaving an FVG) within a strict time window (max 3 bars), the indicator provides a confirmation signal.
Inputs & Presets
The system is configured in Balanced mode by default.
Formation Strictness: Controls how significant a swing needs to be to qualify as a liquidity pool. Higher values filter out noise to plot only major zones.
Volume Surge Threshold: Determines the minimum Relative Volume (RVOL) required to validate a sweep.
Help to identify liquidity pool, as it can assist to as support and resistance
Limitations
This indicator relies heavily on candle closes. Signals are only strictly valid once the bar has closed.
Performance is volume-dependent
This is a graphical analysis tool, not absolute financial advice.
TX Ultra Zone LIQ is an intelligent liquidity mapping instrument designed to detect Buy-Side Liquidity (BSL), Sell-Side Liquidity (SSL), and structural price anomalies. This script helps traders read the footprints of market manipulation (stop hunts) validated by volume surges and institutional momentum shifts.
What It Does
Liquidity Mapping: Dynamically projects BSL and SSL lines based on structural market pivots.
Sweep Detection: Marks manipulation zones (X-cross) where liquidity is swept alongside an above-average volume spike.
Displacement Confirmation: Highlights the exact candles (Orange/Aqua) that form a Fair Value Gap (FVG) shortly after a sweep, confirming an institutional shift in interest.
How It Works (Conceptual)
Layer 1 (Context): Identifies crucial structural swings as liquidity pools (BSL/SSL).
Layer 2 (Event): Monitors price interaction at these liquidity levels. If the price breaches a BSL/SSL level and immediately pulls back (a "sweep") with an anomalous volume signature (Relative Volume), the system registers this as a potential stop hunt.
Layer 3 (Confirmation): Measures the post-sweep impulse. If an aggressive price displacement occurs (leaving an FVG) within a strict time window (max 3 bars), the indicator provides a confirmation signal.
Inputs & Presets
The system is configured in Balanced mode by default.
Formation Strictness: Controls how significant a swing needs to be to qualify as a liquidity pool. Higher values filter out noise to plot only major zones.
Volume Surge Threshold: Determines the minimum Relative Volume (RVOL) required to validate a sweep.
Help to identify liquidity pool, as it can assist to as support and resistance
Limitations
This indicator relies heavily on candle closes. Signals are only strictly valid once the bar has closed.
Performance is volume-dependent
This is a graphical analysis tool, not absolute financial advice.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.