OPEN-SOURCE SCRIPT
LiquidityEdge | DepthFlow Suite
The LiquidityEdge | DepthFlow Suite - This script focuses on identifying high-probability liquidity zones based on volume composition and pivot points.
Key Features:
DepthFlow Volume Analysis: The script uses request.security_lower_tf to analyze volume at a deeper level (intra-bar). It calculates the ratio of buying vs. selling volume within specific price areas to determine "Dominance."
Graded Zone System: Zones are automatically graded (A+, A, B, or C) based on the volume dominance percentage. Higher grades indicate stronger institutional interest or "liquidity edge" at that level.
Dynamic Zone Management: Zones are projected forward until price breaches them (invalidated by either a "Touch" or a "Close" depending on your settings).
Session Overlays: Includes automated range boxes for the Asia, London, and New York sessions to help you identify liquidity raids across different trading windows.
Real-time Dashboard: A table in the top-right corner displays the current volume dominance and total volume for the active bar.
Usage Tips:
Lower Timeframe (LTF) Source: Ensure the "Volume Composition TF" in the inputs is set lower than your chart timeframe for accurate DepthFlow analysis (e.g., use "1 minute" while on a 15-minute chart).
Invalidation: You can toggle between "Close" and "Touch" for zone invalidation. "Close" is generally more conservative and waits for a candle to close beyond the zone.
Entry & Stop Guides: You can enable entry/stop lines in the "Entry & Stop Guides" section of the inputs to help visualize potential trade setups near these zones.
Key Features:
DepthFlow Volume Analysis: The script uses request.security_lower_tf to analyze volume at a deeper level (intra-bar). It calculates the ratio of buying vs. selling volume within specific price areas to determine "Dominance."
Graded Zone System: Zones are automatically graded (A+, A, B, or C) based on the volume dominance percentage. Higher grades indicate stronger institutional interest or "liquidity edge" at that level.
Dynamic Zone Management: Zones are projected forward until price breaches them (invalidated by either a "Touch" or a "Close" depending on your settings).
Session Overlays: Includes automated range boxes for the Asia, London, and New York sessions to help you identify liquidity raids across different trading windows.
Real-time Dashboard: A table in the top-right corner displays the current volume dominance and total volume for the active bar.
Usage Tips:
Lower Timeframe (LTF) Source: Ensure the "Volume Composition TF" in the inputs is set lower than your chart timeframe for accurate DepthFlow analysis (e.g., use "1 minute" while on a 15-minute chart).
Invalidation: You can toggle between "Close" and "Touch" for zone invalidation. "Close" is generally more conservative and waits for a candle to close beyond the zone.
Entry & Stop Guides: You can enable entry/stop lines in the "Entry & Stop Guides" section of the inputs to help visualize potential trade setups near these zones.
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.