LiquidityPulse Multi-Timeframe Volume Zones/ Levels

LiquidityPulse Multi-Timeframe Volume Zones/ Levels
Non-repainting: levels appear on bar close and do not change.

What This Indicator Does

This indicator scans lower-timeframe price action to identify bars where volume and candle behaviour suggest that a notable price interaction occurred. When all conditions align, the script extracts a precise price level from that bar, plots it on your higher-timeframe chart, and extends it forward so you can observe whether the market interacts with it again later.

Each selected timeframe is processed independently. For every timeframe you enable, the script looks for the following criteria:

1. A shift in candle direction between the previous bar and the current bar

2. A close-to-open body alignment, helping filter out irregular or noisy movement

3. A volume increase relative to the recent average, based on a user-selected multiplier

If these conditions are met, the script marks the corresponding price level on the chart. You can enable up to seven lower timeframes at once, each with its own independent settings, colours, strength filters, and display capacity. This allows you to build a layered, multi-timeframe view of the levels/ zones. 

How It Works

1. Candle Behaviour Shift
The script checks whether the previous bar and the current bar show opposing directional behaviour. This helps highlight moments that may reflect a shift in directional behaviour or a change in price movement characteristics.

2. Body Alignment
The previous bar’s close must closely align with the current bar’s open. This requirement reduces random noise and focuses detection on areas where structure between candles is unusually clean.

3. Volume Requirement
The combined volume of the current bar and the previous bar must exceed the recent average by a multiplier you choose.

• Lower multiplier - more levels
  
• Higher multiplier - only the most significant activity spikes qualify
  

This filters for bars with above-average participation (volume).

4. Price Level Identification
If all conditions are met, a price edge is defined:

• Bearish pressure: upper edge
  
• Bullish pressure: lower edge
  

This edge marks the price level where the qualifying candle behaviour occurred.

5. Zone Drawing
Each qualifying event produces:

• A horizontal line marking the level
  
• A (optional) shaded box around the level
  
• A label showing the timeframe and the exact volume multiplier amount detected
  

The level then extends forward so you can monitor future interactions.

Key Settings
Zone Strength (Volume Multiplier)
Determines how selective the volume filter is.

• Lower settings show more frequent activity
  
• Higher settings restrict detection to only the strongest activity (volume) increases
  

Multi-Timeframe Framework

• Enable/disable per timeframe
  
• Custom source timeframe (e.g., 1m, 5m, 15m, etc.)
  
• Strength threshold per timeframe
  
• How many recent levels to display per timeframe (Show Last N Zones.)
  

You can display a single timeframe or stack several to highlight clustering.

How traders can use this indicator
This script is not a buy/sell signal generator. It is best used as a structural overlay that helps you identify:

• Where candle behaviour abruptly shifted with increased volume
  
• Whether multiple timeframes highlight similar levels
  
• Comparing how frequently these conditions appear across different timeframes
  
• How price behaves when revisiting areas of prior activity (levels)
  

Why this type of detection can be informative
Higher-timeframe charts compress a large amount of lower-timeframe activity. By identifying where the script found notable changes in direction, structure, and relative volume on a lower timeframe, it provides a way to reference points in the price history where behaviour differed from nearby bars. Displaying these levels on a higher timeframe allows traders to see how these conditions align with their broader analysis.

Disclaimer
This indicator does not measure true liquidity or order flow. It uses candle structure and relative-volume comparisons as interpretive tools, and the plotted levels do not represent signals or predictions. All analysis is user-interpreted, and past behaviour does not imply future behaviour.