OPEN-SOURCE SCRIPT
Nilesh HL Lines
Nilesh HL Lines is a liquidity-based indicator that plots previous hourly and daily highs and lows as extended horizontal levels. These levels represent potential liquidity zones where price may react.
The script automatically tracks and removes levels once they are swept, helping traders focus only on active liquidity.
Key features:
Tracks hourly and daily high/low levels
Automatic removal after liquidity sweep
Custom color and opacity settings
Adjustable lookback for hours and days
Optional close confirmation for sweeps
Lightweight and optimized for lower timeframes
This tool is ideal for traders using liquidity concepts, price action, or ICT-style analysis to identify stop hunts and reaction points.
The script automatically tracks and removes levels once they are swept, helping traders focus only on active liquidity.
Key features:
Tracks hourly and daily high/low levels
Automatic removal after liquidity sweep
Custom color and opacity settings
Adjustable lookback for hours and days
Optional close confirmation for sweeps
Lightweight and optimized for lower timeframes
This tool is ideal for traders using liquidity concepts, price action, or ICT-style analysis to identify stop hunts and reaction points.
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.