Liquidity rests above/below previous highs and lows because these are the areas where traders are most likely to leave their orders/stop losses. The market can tap into this liquidity source by going beyond the previous highs and lows, this liquidity can then be used to reverse the market in the opposite direction. As traders we may want to know if price will...
The Liquidity Concepts indicator is designed to represent the liquidity on the chart using pivot points as potential stop-losses / liquidity grabs. The indicator is facilitated by a market structure detector and pivot points to identify resting liquidity / stop-loss levels. A liquidity grab or a stop-loss hunt is when retail traders place their stop-loss orders...
This indicator shows, when important liquidity pools have been taken out. Which liquidity pools are important and how should I use them? The day can be divided into different session. asia, london and new york session, those sessions can be narrowed down even further into killzones, taught by ict. The times for those killzones are: Asia - 2000-0000 ny...
Indicator looks for liquidity grab & reversal trades on any timeframe. These types of trades reveal how the big institutions, banks and hedge funds trade with big money. If they want their very big positions to be filled they need to find areas in chart where the majority of the money is sitting. Where is it? Where is the majority of orders placed? Right below...
Daily and Weekly Sweep – Liquidity Description: The script is designed to illustrate the sweeps of the high and low of the previous day and week. The larger the ratio of shares traded to the percentage price change, the more deep and liquid the market is presumed to be, therefore the market maker always seeks liquidity. Liquidity rests above previous highs...
This Day Trading Indicator applies the use of multiple techniques designed to maximize profits and trade success probability while utilizing proprietary mathematical techniques to calculate specific high probability Pivot Points, Break of Structure, Supply and Demand, previous days High and Low, Liquidity Hunts, Dynamic Trend Lines and Fibonacci Discount Zones....
GRAB or TrendStrength Bars with Propulsion Dots and Highlights for Squeeze Pro, CCI-Arrows, and SlowStoch This indicator shows GRAB or TrendStrength candles and allows several moving averages to be displayed at the same time. It has arrows and diamonds above or below the candles to show CCI values above 100 or below -100 with the arrow pointing in the direction...
This indicator shows GRaB candles and allows several moving averages to be displayed at the same time. It uses background coloring to identify momentum shifts. Wide bands of color can be used to identify trends while short bands of color can be used to identify reversals. It has arrows above or below the candles to show CCI values above 100 or below -100 with...
The GRaB candles are painted candles based on the relationship between the close of a candle and these averages. - A candle paints green when it closes above the 34-bar EMA of the high. - A candle paints red when it closes below the 34-bar EMA of the low. - A candle paints blue when it closes between the 34-bar EMA of the high and 34-bar EMA of the low. -...
Update v1.1: GRaB colors now green, red, gray Added Murrey Range lines. Cleaned up the code. GRaB candles and a murrey math "midline" in one script. Some traders using methods of Rob Booker (40% club, trifecta5) like to use both GRaB candles and Murrey Math to combine, or to compare entry and exit moments. Color of candles are as GRaB candles. Midline use:...
(use V1.1 now See links below) GRaB candles and a murrey math "midline" in one script. Some traders using methods of Rob Booker (40% club, trifecta5) like to use both GRaB candles and Murrey Math to combine, or to compare entry and exit moments. Color of candles are as GRaB candles. Midline use: Crossing the midline is a change of color in murrey. Candles...
Just added "notifications" to the previous script I found from mattlacoco.