OPEN-SOURCE SCRIPT

Adaptive 2 EMA Cloud (Trend-Aware)

250
Liquidity Zone Indicator V2 is a chart overlay designed to highlight potential high-activity price areas using volume spikes and recent price extremes. The script detects possible liquidity zones and visualizes them directly on the chart using dynamic boxes or marker signals.

Features
Configurable liquidity lookback period
Volume-threshold based liquidity detection
Optional liquidity zone visualization
Extendable zones until invalidation
Dual-color or monochrome display modes
Bullish and bearish liquidity zone highlighting
Lightweight overlay design
Built-in alert condition support
Detection Logic

The indicator identifies potential liquidity areas when:

Volume exceeds the selected moving average threshold
Price reaches recent highs or lows within the configured lookback range

Zones are automatically managed and removed after invalidation conditions are met.

Visual Options
Liquidity zones as boxes or marker signals
Adjustable colors for bullish and bearish zones
Monochrome mode support
Zone transparency customization
Alerts

Includes alert conditions for detected liquidity events:

“Liquidity Zone Alert”
Inputs
Liquidity lookback
Volume threshold multiplier
Zone extension toggle
Zone display mode
Dual-color mode
Bullish/Bearish colors
Monochrome color selection
Notes
This indicator is intended for chart visualization and market structure analysis.
Volume-based signals may behave differently across markets and timeframes.
Use additional confirmation methods when analyzing price action.
Open-source script

This script is open-source and available for educational and analytical purposes in accordance with platform rules and guidelines.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.