OPEN-SOURCE SCRIPT
Liquidity Indicator
Liquidity Indicator
Liquidity Indicator is a simple yet powerful liquidity measurement tool designed specifically for Indian equity markets. It calculates the average rupee-denominated trading volume (₹ Volume) over a user-defined period using Simple Moving Average, and displays it directly on the price chart as a clean color-coded label.
What it shows:
The label displays the average liquidity of a stock in Crores (Cr), giving traders a quick snapshot of how much money is flowing into the stock on average.
Color Coding:
- 🔴 Red — Below 40 Cr (low liquidity, avoid or trade with caution)
- 🟡 Yellow — 40 to 100 Cr (moderate liquidity)
- 🟢 Green — Above 100 Cr (high liquidity, safe for larger positions)
Smart Averaging:
Works seamlessly on recently listed stocks too. If a stock has fewer candles than the set period, the indicator automatically adjusts and takes average of available candles only.
How to use:
- Use it to filter stocks before taking swing or positional trades
- Avoid entering low liquidity stocks (Red) to reduce slippage and impact cost
- Best used on Daily timeframe for accurate liquidity assessment
Settings:
- Average Period — default 20 days (customizable)
- Text Color — default white
- Label Size — tiny / small / normal / large / huge
Liquidity Indicator is a simple yet powerful liquidity measurement tool designed specifically for Indian equity markets. It calculates the average rupee-denominated trading volume (₹ Volume) over a user-defined period using Simple Moving Average, and displays it directly on the price chart as a clean color-coded label.
What it shows:
The label displays the average liquidity of a stock in Crores (Cr), giving traders a quick snapshot of how much money is flowing into the stock on average.
Color Coding:
- 🔴 Red — Below 40 Cr (low liquidity, avoid or trade with caution)
- 🟡 Yellow — 40 to 100 Cr (moderate liquidity)
- 🟢 Green — Above 100 Cr (high liquidity, safe for larger positions)
Smart Averaging:
Works seamlessly on recently listed stocks too. If a stock has fewer candles than the set period, the indicator automatically adjusts and takes average of available candles only.
How to use:
- Use it to filter stocks before taking swing or positional trades
- Avoid entering low liquidity stocks (Red) to reduce slippage and impact cost
- Best used on Daily timeframe for accurate liquidity assessment
Settings:
- Average Period — default 20 days (customizable)
- Text Color — default white
- Label Size — tiny / small / normal / large / huge
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.