OPEN-SOURCE SCRIPT

Liquidity Magnets [Zofesu]

Technical Logic:
This indicator identifies institutional liquidity zones and "Stop-Run" reversal patterns using Multi-Timeframe (MTF) analysis. It focuses on the areas where high-leverage liquidations are likely to occur.

Liquidation Magnets:
The script calculates theoretical liquidation zones based on major Swing Highs and Lows from a different timeframe (default 480 min).

10% Magnets (Red/Green): Represent deeper liquidity pools typically associated with 10x leverage liquidation points.
4% Magnets (Yellow): Represent tighter liquidity zones associated with higher leverage. These can be toggled on or off in the settings to maintain chart clarity.

Stop-Run Detection (Signal Sensitivity):
The indicator tracks "sweeps" of previous highs and lows. A signal is triggered when price pierces a swing level but fails to hold, indicating a liquidity grab.

Sensitivity %: This unique feature (0–100%) filters signals based on how deep the sweep penetrates toward the 4% magnet line.
0%: Every raw sweep is signaled.
100%: Only sweeps that reach the full 4% liquidation distance are displayed.

Visuals:

Triangles (Gray): Mark "Stop-Run" events where liquidity was swept and price reversed.
Black/Dark Bars: Highlight the specific candles where the liquidity sweep occurred.
Horizontal Lines: Plot the 4% and 10% magnet levels whenever a new swing point is detected on the selected timeframe.
Line Length: Users can customize the horizontal extension (Length in bars) of these liquidity magnets to fit their chart scaling.

How to use:

Identify the Magnet: Watch for price approaching the 10% or 4% horizontal lines. These areas often act as "magnets" before a reversal.
The Sweep: Look for a Triangle signal (STOP-RUN) occurring near these magnet zones.
Execution: A bullish signal (Triangle Up) after sweeping a 4% or 10% lower magnet suggests a long entry as short-sellers are liquidated. A bearish signal (Triangle Down) at upper magnets suggests a short entry.
MTF Alignment: Use a different timeframe (e.g., 480m or Daily) for magnets to find key levels, while trading the signals on lower timeframes for precision.
Discretionary Trading: For a stricter approach, users can focus solely on the Red and Green liquidity magnets.
- Bullish Setup: Price touches/sweeps the Green line (10% zone) and the subsequent candle closes back above it.
- Bearish Setup: Price touches/sweeps the Red line (10% zone) and the subsequent candle closes back below it.
This method allows for manual confirmation even if the built-in "Stop-Run" triangles are filtered out by high sensitivity settings.

Mã nguồn mở

Theo đúng tinh thần TradingView, tác giả của tập lệnh này đã công bố nó dưới dạng mã nguồn mở, để các nhà giao dịch có thể xem xét và xác minh chức năng. Chúc mừng tác giả! Mặc dù bạn có thể sử dụng miễn phí, hãy nhớ rằng việc công bố lại mã phải tuân theo Nội quy.

Zofesu

Think Act Believe. Use SL. Use BreakEven. Respect the market. Your ego and arrogance can destroy your trading account. Never leave the table unless you have a closed trade or SL/BE. Indicator does not guarantee profit.

discord.gg/FcSJpSvNnv

Ngoài ra, trên:

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.

Mã nguồn mở

Zofesu

Ngoài ra, trên: