OPEN-SOURCE SCRIPT

High/Low Resistance Liquidity

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Description

Not all liquidity pools are created equal. The market behaves very differently when attacking a clean, pristine target versus when it is grinding through jagged, already-swept price action.

The High/Low Resistance Liquidity indicator is an automated structural mapping engine that programmatically identifies and categorizes liquidity pools into Low Resistance (LRLR) and High Resistance (HRLR) targets in real-time.

🎯 What is LRLR and HRLR?
LRLR (Low Resistance Liquidity Run): These are "clean" targets. When stops are perfectly clustered at the exact same price, it creates a massive, unobstructed magnetic pull for price. When price attacks these areas, it displaces quickly and aggressively.
HRLR (High Resistance Liquidity Run): These are "dirty" or swept targets. If a pivot high has already swept a previous high and rejected (a false breakout or sweep), the liquidity resting there was already purged. Price will struggle, chop, and overlap heavily if it attempts to push back into that isolated zone.

✨ Key Features
Automated Target Detection: The indicator maps structural highs and lows using customizable left/right bar pivot confirmations, and immediately evaluates their relationship to the previous market structure.
EQH/EQL Detection (LRLR): If a new structural pivot forms within a tight tick threshold of the previous pivot, it validates them as Equal Highs or Equal Lows. A solid, highly visible line is drawn forward, marking a pristine Low Resistance target.
Swept Pivot Detection (HRLR): If a new pivot extends past the old pivot and reverses, it validates a sweep. A dotted warning line is drawn forward, marking a High Resistance target where price is likely to struggle.
Real-Time Mitigation: The script actively monitors price action. The exact moment a future candle wicks or closes through an active liquidity line, the line stops extending and its label updates to "Mitigated", keeping your charts completely free of historical clutter.
Standard Liquidity Toggle: Choose whether you only want to see explicit LRLR/HRLR targets, or if you want to also track all standard, unmitigated intermediate pivots in the background.

⚙️ Settings
Pivot Strength: Fully customize how many bars are required left and right to confirm a major structural point.
EQH/EQL Tolerance (Ticks): You dictate exactly how tight the price must align to be considered "Equal". (e.g., 5-10 ticks on lower timeframes, or expand it for Daily charts).
Display Settings: Toggle the visibility of Standard Unmitigated Pivots, turn text labels on or off, and fully customize the line colors to fit your exact chart aesthetic.

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