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.

Release Note

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.

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SCOTTGO

Market Participant - Momentum Day Trader

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SCOTTGO

Market Participant - Momentum Day Trader

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