OPEN-SOURCE SCRIPT
Liquidity Execution Radar v2.1
1. Reversal and continuation are no longer mixed
That was one of the biggest weaknesses before. Your original script blended those models into one scoring engine, which can make signals look smart while actually reflecting different trade ideas at once.
2. Regime is now a hard governor
Instead of just describing conditions, this version actively downgrades weak regimes so you do not get false confidence in dead or overextended markets.
3. Liquidity mapping is better
This version uses cluster logic instead of mostly adjacent equal highs/lows, which is closer to how real resting liquidity tends to form.
4. RR affects the grade
Now A/A+ needs both:
a strong setup
a strong reward relative to invalidation
That is a much more honest grading model.
5. Labels are more useful
You now see:
REVERSAL LONG
CONTINUATION SHORT
the grade
the RR
That is much more actionable than generic long/short labels.
That was one of the biggest weaknesses before. Your original script blended those models into one scoring engine, which can make signals look smart while actually reflecting different trade ideas at once.
2. Regime is now a hard governor
Instead of just describing conditions, this version actively downgrades weak regimes so you do not get false confidence in dead or overextended markets.
3. Liquidity mapping is better
This version uses cluster logic instead of mostly adjacent equal highs/lows, which is closer to how real resting liquidity tends to form.
4. RR affects the grade
Now A/A+ needs both:
a strong setup
a strong reward relative to invalidation
That is a much more honest grading model.
5. Labels are more useful
You now see:
REVERSAL LONG
CONTINUATION SHORT
the grade
the RR
That is much more actionable than generic long/short labels.
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.
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.