OPEN-SOURCE SCRIPT
Aggiornato SCOTTGO - Liquidity Zones (Sweeps + Tethers)
SCOTTGO - Liquidity Zones is a high-performance technical analysis tool designed to identify and track Institutional Liquidity Zones, Price Sweeps, and Pivot Levels with a clean, professional-grade interface.
Key Features
Dynamic Liquidity Zones: Automatically identifies Bullish and Bearish zones based on customizable pivot lookbacks.
Identify Liquidity Sweeps: Detects when price "pokes" through a zone but fails to close beyond it, marking the event with a distinct label and a visual tether line.
Active Tracking: Zones and LIQ lines track price in real-time until they are mitigated (broken by a candle close), at which point they visually "deactivate" to reduce clutter.
Professional UI: Features a compact, single-row styling menu (Color, Thickness, and Line Style) that mirrors TradingView’s native design.
Visual Elements
LIQ Lines: Solid or dashed lines tracking the exact pivot price within active zones.
Sweep Tethers: Vertical lines connecting the candle extreme to the "SWEEP" label for precise visual confirmation.
Detailed Tooltips: Hover over LIQ labels or Sweep tags to view specific price data and zone context.
Zone Titles: Clearly labeled "BULL ZONE" and "BEAR ZONE" tags with independent font size controls.
How to Use
Core Logic: Adjust the Pivot Lookback to define the strength of the levels you want to track.
Styling: Use the Inputs Tab for compact, specialized styling of Lines, Borders, and Sweeps.
Analysis: Look for "Sweeps" at zone boundaries as potential signs of reversal or stop-running.
Note di rilascio
SCOTTGO - Liquidity Zones (Sweeps + Tethers)Overview The SCOTTGO Liquidity Zones indicator is a high-performance technical analysis tool designed to identify significant institutional liquidity pools. It maps Buy-Side and Sell-Side liquidity based on structural pivot points, helping traders visualize where stop-losses are clustered and where "Smart Money" is likely to engage the market.
Key Features
Dynamic Liquidity Mapping: Automatically identifies and projects Bullish (Support) and Bearish (Resistance) zones based on user-defined pivot lookbacks.
Intraday Optimization: Includes a custom Bar Lookback Window to prevent historical clutter—perfect for 1m and 5m intraday traders who need a clean workspace.
Real-Time Sweep Detection: Visualizes liquidity "grabs" (Sweeps) with tethers and labels when price pierces a level but fails to close beyond it.
Comprehensive Metadata: Hover over any zone or label for detailed tooltips, including the exact price level, creation bar, and mitigation status.
Mitigation Logic: Zones automatically change color and state to "Mitigated" once price closes through the level, signaling a shift in market structure.
How to Use
Identify Zones: Look for price approaching the Bull/Bear boxes.
Monitor Sweeps: Watch for "SWEEP" labels which indicate a potential fake-out and high-probability reversal setup.
Check Mitigation: Use the grayed-out "Mitigated" zones to understand which previous levels have been cleared and are no longer active liquidity pools.
Settings
Pivot Lookback: Adjust for higher or lower sensitivity to market structure.
Lookback Period (Bars): Limit the indicator's memory to maintain chart clarity and performance.
Show Price (LIQ) Labels: Toggle price tags on/off to suit your visual preference.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Market Participant - Momentum Day Trader
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Market Participant - Momentum Day Trader
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.