OPEN-SOURCE SCRIPT
Liquidity Hunter Lite [Parallax]
Automatically detects liquidity pools and sweeps in real-time.
WHAT IT FINDS:
- Equal Highs (Buyside Liquidity / BSL) - where stop losses cluster above
- Equal Lows (Sellside Liquidity / SSL) - where stop losses cluster below
- Liquidity Sweeps - when price grabs those stops and reverses
HOW TO USE:
1. Dashed lines appear at equal highs/lows (liquidity pools)
2. When price sweeps through and closes back, "SWEEP" label fires
3. Sweeps often mark reversal zones - look for entries in the opposite direction
SETTINGS:
- Swing Lookback: sensitivity of pivot detection (default 10)
- EQH/EQL Threshold: how close two highs/lows must be to count as "equal"
- Fully customizable colors and label visibility
Works on any market, any timeframe. Crypto, forex, stocks, futures.
Free and open source by Parallax Trading.
Full Smart Money Suite (Order Blocks, FVGs, CHoCH/BOS, multi-timeframe) at parallax.trading
WHAT IT FINDS:
- Equal Highs (Buyside Liquidity / BSL) - where stop losses cluster above
- Equal Lows (Sellside Liquidity / SSL) - where stop losses cluster below
- Liquidity Sweeps - when price grabs those stops and reverses
HOW TO USE:
1. Dashed lines appear at equal highs/lows (liquidity pools)
2. When price sweeps through and closes back, "SWEEP" label fires
3. Sweeps often mark reversal zones - look for entries in the opposite direction
SETTINGS:
- Swing Lookback: sensitivity of pivot detection (default 10)
- EQH/EQL Threshold: how close two highs/lows must be to count as "equal"
- Fully customizable colors and label visibility
Works on any market, any timeframe. Crypto, forex, stocks, futures.
Free and open source by Parallax Trading.
Full Smart Money Suite (Order Blocks, FVGs, CHoCH/BOS, multi-timeframe) at parallax.trading
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.