Liquidity Levels/Zones (Expo)

Liquidity Levels/Zones (Expo) automatically identifies and displays key liquidity levels/zones.

Liquidity describes the extent to which an asset can be bought and sold quickly, without affecting the price. It is a measure of how many buyers and sellers are present, and whether transactions can take place easily.

Levels/Zones are displayed where there is a significant level of trading activity and when there is both high supply and demand for an asset, security, or contract. These levels can leave clues for future price behavior and act as support/resistance zones. The trading activity can confirm the existence, or a continuation, of a trend or a trend reversal.

The user can modify the settings so that short- term, medium-term, and long- term liquidity levels/zones are displayed.

The indicator can be used standalone or as a part of your current trading strategy.

Real-time
No repainting
Works on any market

HOW TO USE

1. Use the indicator to identify key liquidity levels/zones.
2. Use the indicator to identify high trading activity.
3. Use the indicator to confirm the existence, or a continuation, of a trend or a trend reversal.

INDICATOR IN ACTION

1-hour chart

I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!

ACCESS THE INDICATOR

• Contact me on TradingView or use the links below

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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

My scripts/indicators/ideas are only for educational purposes!

發行說明

Minor improvements!