OPEN-SOURCE SCRIPT
Untested Highs & Lows (Auto Remove When Tested)
📌 Indicator Name: Untested Liquidity Highs & Lows
🧠 Description
This indicator plots untested swing highs and swing lows on the chart as horizontal liquidity levels.
These levels represent areas where price previously reversed (pivot points) but has not yet returned to “mitigate” or “take” the liquidity resting at those prices.
🔴 Red lines = Untested liquidity levels
When price revisits and “sweeps” a level, it is automatically removed from the chart.
The goal of this tool is not to predict direction, but to visualize where liquidity is resting in the market and how price interacts with those areas over time.
📊 How to Use It
1. Identify Liquidity Zones
Red lines mark swing highs and swing lows that have not yet been revisited
These are areas where stop orders and pending liquidity are likely resting
2. Understand Market Behavior
Price often moves toward liquidity before reversing or continuing trend direction.
These levels help you see where price may be drawn next.
3. Watch for Sweeps
When price moves through a level and does not respect it:
The line disappears automatically
This represents liquidity being taken (swept)
Sweeps are often followed by:
reversals
expansions
continuation moves after mitigation
🎯 Trading Application
Traders commonly use this tool to:
Identify potential target zones (liquidity pools)
Wait for liquidity sweeps before entries
Confirm market intent (accumulation vs distribution)
Avoid entering before liquidity is taken
⚠️ Important Note
This indicator does not predict direction.
It simply maps where liquidity exists and when it is removed, which is a core concept in modern price action and ICT-style trading models.
🧠 Description
This indicator plots untested swing highs and swing lows on the chart as horizontal liquidity levels.
These levels represent areas where price previously reversed (pivot points) but has not yet returned to “mitigate” or “take” the liquidity resting at those prices.
🔴 Red lines = Untested liquidity levels
When price revisits and “sweeps” a level, it is automatically removed from the chart.
The goal of this tool is not to predict direction, but to visualize where liquidity is resting in the market and how price interacts with those areas over time.
📊 How to Use It
1. Identify Liquidity Zones
Red lines mark swing highs and swing lows that have not yet been revisited
These are areas where stop orders and pending liquidity are likely resting
2. Understand Market Behavior
Price often moves toward liquidity before reversing or continuing trend direction.
These levels help you see where price may be drawn next.
3. Watch for Sweeps
When price moves through a level and does not respect it:
The line disappears automatically
This represents liquidity being taken (swept)
Sweeps are often followed by:
reversals
expansions
continuation moves after mitigation
🎯 Trading Application
Traders commonly use this tool to:
Identify potential target zones (liquidity pools)
Wait for liquidity sweeps before entries
Confirm market intent (accumulation vs distribution)
Avoid entering before liquidity is taken
⚠️ Important Note
This indicator does not predict direction.
It simply maps where liquidity exists and when it is removed, which is a core concept in modern price action and ICT-style trading models.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。