This indicator uses Pivot Points to identify Liquidity Levels in the market. Liquidity Levels are levels in the market where you would expect price to be pulled towards.
Liquidity Levels by Sonarlab also has an option to show Higher Timeframe Liquidity Levels. Below are the indicators settings:
Liquidity Mitigation Options The Indicator has options for you to choose what happens to the Liquidity line/boxes once it has been mitigated. Either Keep them on the chart, or remove them.
Display Styles Choose how the levels are displayed, either with Lines or Boxes. Set the your Extension options, by keeping the lines/boxes "short" or extend to current price, or maximum to the right
Colors and Styles Set colors and styles for all lines and boxes
Note di rilascio
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- Added Alerts for New High/Low - Added Style and Color options for the HTF lines and boxes - Added line width as a new style option
@Pierre-Alain, Liquiditiy is fluid. Of course it repaints
Mupsje
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@Ganadewa, he does not understand coding, its not repaint!
davieschimbwali82
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Perfect to spot BOS and OB’s Great work
pradyumna82
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Thanks for the share, time and effort a small request my friend. Since this indicator shows MTF also it would be really helpful for the users if you could please add time frame labels.