OPEN-SOURCE SCRIPT
Updated Beekeeper Flow State
Beekeeper Flow State – Indicator Overview
Beekeeper Flow State is a multi-layer market structure + liquidity + order-flow indicator designed primarily for SPY / SPX / ES trading.
It combines:
Key institutional levels
EMA trend structure
Liquidity sweep confirmations
Buy/Sell signal engine
Money Flow Profile (Lux-style)
to help identify high-probability trade locations around liquidity and value.
1. Institutional Level Engine
The indicator loads a large predefined list of SPY levels and automatically converts them for:
Symbol Level Conversion
SPY Base levels
SPX SPY × 10
ES SPY × 10
These levels represent major liquidity and gamma zones often respected by price.
The script:
• Draws horizontal levels across the entire chart
• Displays customizable price labels on the right side
• Keeps labels visible even when scrolling
Purpose:
Identify support/resistance liquidity zones
Anchor trade setups
2. EMA Trend Framework
Three exponential moving averages provide trend confirmation:
EMA Purpose
EMA 9 Short-term momentum
EMA 21 Trend direction
EMA 50 Macro bias
Optional EMA stack confirmation requires:
Bullish stack
EMA9 > EMA21 > EMA50
or
Bearish stack
EMA9 < EMA21 < EMA50
Purpose:
Filter trades in the dominant trend direction
3. Liquidity Sweep Detection
The signal engine identifies stop-run reversals around levels.
Bullish setup:
Price sweeps below level
AND closes back above it
Bearish setup:
Price sweeps above level
AND closes back below it
Optional confirmations:
Liquidity sweep
Level reclaim
EMA position
EMA stacking
Purpose:
Catch liquidity grabs and reversals
4. Buy / Sell Signal Engine
When all conditions align, the script prints:
BUY
SELL
Signals respect:
• cooldown between signals
• EMA direction
• sweep confirmation
• reclaim confirmation
Purpose:
Highlight structured entries near liquidity levels
5. Lux-Style Money Flow Profile (MFP)
The profile analyzes the last X bars of trading activity and distributes volume across price levels.
Each row shows:
Component Meaning
Green bars Buy pressure
Red bars Sell pressure
Yellow zone Total traded flow
Center ladder Exact price level
Labels Flow amount + percentage
Calculation method:
Volume distributed across price range
weighted by overlap with each profile row
Bull flow:
(close - low) / range
Bear flow:
(high - close) / range
Purpose:
Reveal where money actually traded
Identify value nodes / imbalances
6. Price Ladder
A center ladder prints the exact price for each profile row.
Purpose:
Easier alignment with the chart
Precise level targeting
7. Value Flow Labels
Each row optionally displays:
Total money flow
Percentage of profile
Example:
1.28B (6.3%)
Purpose:
Identify high-participation price zones
8. Customization Features
The indicator allows full control over:
Level controls
level color
thickness
label size
label color
label position
MFP controls
profile width
offset
row count
colors
text size
ladder visibility
value labels
Signal controls
sweep requirement
reclaim requirement
EMA selection
signal cooldown
How Traders Use It
Typical workflow:
1️⃣ Identify major levels
2️⃣ Watch for liquidity sweeps
3️⃣ Confirm with EMA trend
4️⃣ Check MFP value nodes
5️⃣ Enter on BUY / SELL signal
In Simple Terms
This indicator shows:
Where liquidity is →
Where money traded →
Where the trend is →
When liquidity gets swept →
When to enter.
Beekeeper Flow State is a multi-layer market structure + liquidity + order-flow indicator designed primarily for SPY / SPX / ES trading.
It combines:
Key institutional levels
EMA trend structure
Liquidity sweep confirmations
Buy/Sell signal engine
Money Flow Profile (Lux-style)
to help identify high-probability trade locations around liquidity and value.
1. Institutional Level Engine
The indicator loads a large predefined list of SPY levels and automatically converts them for:
Symbol Level Conversion
SPY Base levels
SPX SPY × 10
ES SPY × 10
These levels represent major liquidity and gamma zones often respected by price.
The script:
• Draws horizontal levels across the entire chart
• Displays customizable price labels on the right side
• Keeps labels visible even when scrolling
Purpose:
Identify support/resistance liquidity zones
Anchor trade setups
2. EMA Trend Framework
Three exponential moving averages provide trend confirmation:
EMA Purpose
EMA 9 Short-term momentum
EMA 21 Trend direction
EMA 50 Macro bias
Optional EMA stack confirmation requires:
Bullish stack
EMA9 > EMA21 > EMA50
or
Bearish stack
EMA9 < EMA21 < EMA50
Purpose:
Filter trades in the dominant trend direction
3. Liquidity Sweep Detection
The signal engine identifies stop-run reversals around levels.
Bullish setup:
Price sweeps below level
AND closes back above it
Bearish setup:
Price sweeps above level
AND closes back below it
Optional confirmations:
Liquidity sweep
Level reclaim
EMA position
EMA stacking
Purpose:
Catch liquidity grabs and reversals
4. Buy / Sell Signal Engine
When all conditions align, the script prints:
BUY
SELL
Signals respect:
• cooldown between signals
• EMA direction
• sweep confirmation
• reclaim confirmation
Purpose:
Highlight structured entries near liquidity levels
5. Lux-Style Money Flow Profile (MFP)
The profile analyzes the last X bars of trading activity and distributes volume across price levels.
Each row shows:
Component Meaning
Green bars Buy pressure
Red bars Sell pressure
Yellow zone Total traded flow
Center ladder Exact price level
Labels Flow amount + percentage
Calculation method:
Volume distributed across price range
weighted by overlap with each profile row
Bull flow:
(close - low) / range
Bear flow:
(high - close) / range
Purpose:
Reveal where money actually traded
Identify value nodes / imbalances
6. Price Ladder
A center ladder prints the exact price for each profile row.
Purpose:
Easier alignment with the chart
Precise level targeting
7. Value Flow Labels
Each row optionally displays:
Total money flow
Percentage of profile
Example:
1.28B (6.3%)
Purpose:
Identify high-participation price zones
8. Customization Features
The indicator allows full control over:
Level controls
level color
thickness
label size
label color
label position
MFP controls
profile width
offset
row count
colors
text size
ladder visibility
value labels
Signal controls
sweep requirement
reclaim requirement
EMA selection
signal cooldown
How Traders Use It
Typical workflow:
1️⃣ Identify major levels
2️⃣ Watch for liquidity sweeps
3️⃣ Confirm with EMA trend
4️⃣ Check MFP value nodes
5️⃣ Enter on BUY / SELL signal
In Simple Terms
This indicator shows:
Where liquidity is →
Where money traded →
Where the trend is →
When liquidity gets swept →
When to enter.
Release Notes
Added SPY levelsRelease Notes
updated dp levelsOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.