OPEN-SOURCE SCRIPT
Liquidity Hunter
Main Title: The infographic will be clearly titled "THE LIQUIDITY HUNT ENGINE: INDICATOR DESCRIPTION".
Layout: I will create a clean, modern, grid-based layout using dark-mode aesthetics, similar to the trading platform in image_6.png.
Core Graphic: The central element will be a stylized trading chart snippet (EUR/USD, 15M) showing the concept of 'Equal Highs' (EQH) being "swept" and reversed, exactly as the indicator is designed to detect.
Key Panels & Descriptions (Hebrew with English terms):
Section 1: "INTRODUCTION" (מבוא): Define the tool as a Smart Money Concepts (SMC) indicator for identifying institutional liquidity.
Section 2: "DETECTING EQH/EQL" (זיהוי EQH/EQL): Show how the engine finds "pool" zones where retail traders cluster stop-loss orders below or above visible support/resistance.
Section 3: "THE LIQUIDITY SWEEP (✓)" (איסוף הנזילות): Detail the indicator's core signal: identifying when a candle pushes past an established EQH/EQL zone and immediately reverses, confirming the "trap" is set.
Section 4: "MARKET STRUCTURE SHIFT" (CHoCH): Explain how the successful sweep often precedes a change in market direction, which the indicator confirms with structure-break annotations (MSS).
Section 5: "CONFIRMED ENTRY" (כניסה מאושרת): Visually describe where a trade entry would occur after the MSS signal, with stop-loss placement just beyond the sweep high/low.
Visual Elements: Use the same compass icon and colors (white, electric blue, gold) from the chart in image_6.png to maintain visual consistency. I will add a final stylized "INDICATOR OVERVIEW" panel with the description of the algorithm's goals.
Layout: I will create a clean, modern, grid-based layout using dark-mode aesthetics, similar to the trading platform in image_6.png.
Core Graphic: The central element will be a stylized trading chart snippet (EUR/USD, 15M) showing the concept of 'Equal Highs' (EQH) being "swept" and reversed, exactly as the indicator is designed to detect.
Key Panels & Descriptions (Hebrew with English terms):
Section 1: "INTRODUCTION" (מבוא): Define the tool as a Smart Money Concepts (SMC) indicator for identifying institutional liquidity.
Section 2: "DETECTING EQH/EQL" (זיהוי EQH/EQL): Show how the engine finds "pool" zones where retail traders cluster stop-loss orders below or above visible support/resistance.
Section 3: "THE LIQUIDITY SWEEP (✓)" (איסוף הנזילות): Detail the indicator's core signal: identifying when a candle pushes past an established EQH/EQL zone and immediately reverses, confirming the "trap" is set.
Section 4: "MARKET STRUCTURE SHIFT" (CHoCH): Explain how the successful sweep often precedes a change in market direction, which the indicator confirms with structure-break annotations (MSS).
Section 5: "CONFIRMED ENTRY" (כניסה מאושרת): Visually describe where a trade entry would occur after the MSS signal, with stop-loss placement just beyond the sweep high/low.
Visual Elements: Use the same compass icon and colors (white, electric blue, gold) from the chart in image_6.png to maintain visual consistency. I will add a final stylized "INDICATOR OVERVIEW" panel with the description of the algorithm's goals.
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.