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[X342] Liquidity Hunter

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[X342] Liquidity Hunter — Sweep Detection

OVERVIEW
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Liquidity Hunter identifies and tracks areas where stop-loss orders are likely clustered (liquidity pools) based on pivot points and notional value calculations.

METHODOLOGY
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The indicator uses a sophisticated approach to identify liquidity:

1. Pivot Point Detection
- Uses configurable left/right bar lookback
- Identifies swing highs (upside liquidity targets)
- Identifies swing lows (downside liquidity targets)

2. Notional Value Calculation
- Formula: Price × Volume at pivot bar
- Represents the "dollar value" of orders at each level
- More accurate than simple volume or price levels alone

3. Dynamic Level Management
- Tracks up to configurable max levels per side
- Automatically removes MITIGATED levels (when price sweeps through)
- Oldest levels are removed when max is exceeded

WHY NOTIONAL VALUE?
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Traditional support/resistance uses price alone. Notional value (Price × Volume) provides a more realistic view of where significant orders are clustered. A high volume bar at a pivot is more significant than a low volume bar.

FEATURES
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✓ Dual language support (English / Türkçe)
✓ Automatic level cleanup on mitigation
✓ Notional value labels on each level
✓ Distance percentage to nearest levels
✓ Total liquidity summary panel
✓ Sweep detection alerts

VISUAL ELEMENTS
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• Red Lines: Upside liquidity (buy stops above)
• Blue Lines: Downside liquidity (sell stops below)
• Labels: Show notional value at each level

INFO PANEL
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Displays 4-column layout:
- Total upside liquidity (sum of all notional values)
- Distance to nearest upside level (%)
- Total downside liquidity
- Distance to nearest downside level (%)

SETTINGS
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Detection:
- Left Bars: Bars to left for pivot detection (default: 15)
- Right Bars: Bars to right for pivot confirmation (default: 5)

Display:
- Max Levels Each: Maximum levels per side (default: 8)
- Show Liquidity Amount: Toggle notional value labels

Colors:
- Upside Liq Color: Color for resistance/upside levels
- Downside Liq Color: Color for support/downside levels

ALERTS
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• New Upside Liq: New upside level formed
• New Downside Liq: New downside level formed
• Upside Sweep: Price swept through upside liquidity
• Downside Sweep: Price swept through downside liquidity

TRADING APPLICATION
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- Use sweeps as potential reversal signals
- Larger notional values indicate stronger levels
- Distance % helps with risk/reward calculations
- Combine with trend indicators for confirmation

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.