Liquidity Hunter Pro

689
Liquidity Hunter Pro

Smart Money Liquidity Detection | BUY & SELL Signals | Risk Management

ReubenMiles Liquidity Hunter Pro V2 is a TradingView indicator developed using Pine Script v6 to help traders identify important liquidity levels, liquidity sweeps, and potential market reversal opportunities.

The indicator uses price-action concepts to highlight areas where liquidity may be resting and where price could potentially reverse after taking previous highs or lows.

Key Features

- Buy-Side Liquidity (BSL): Identifies previous swing highs.
- Sell-Side Liquidity (SSL): Identifies previous swing lows.
- Equal Highs (EQH): Highlights potential liquidity above similar highs.
- Equal Lows (EQL): Highlights potential liquidity below similar lows.
- Bullish Liquidity Sweep: Detects price sweeping previous lows and closing back above.
- Bearish Liquidity Sweep: Detects price sweeping previous highs and closing back below.
- BUY & SELL Signals: Displays potential trading opportunities after candle confirmation.
- Automatic BUY & SELL Zones: Marks potential reaction areas on the chart.
- Entry, Stop Loss & Take Profit: Calculates reference levels with TP1, TP2 and TP3.
- Risk-to-Reward Settings: Customizable 1:1, 1:2 and 1:3 targets.
- Trading Dashboard: Displays the latest signal and market bias.
- Alert System: Get notifications when bullish or bearish liquidity sweeps are detected.

How It Works

The indicator monitors previous swing highs and lows to identify liquidity levels.

When price takes liquidity above a previous high and closes back below that level, it identifies a potential bearish liquidity sweep.

When price takes liquidity below a previous low and closes back above that level, it identifies a potential bullish liquidity sweep.

Signals are confirmed at candle close to reduce intrabar signal changes.

Suitable Markets

- XAUUSD (GOLD)
- BTCUSD
- EURUSD
- GBPUSD
- USDJPY
- USOIL
- Other Forex and Crypto markets

Recommended Timeframes

5M | 15M | 30M | 1H | 4H

Developed by ReubenMiles

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.