This indicator overlays Wyckoff schematic analysis on the chart, identifying accumulation and distribution phases (A through E) alongside key events like Selling Climax, Automatic Rally, Spring, UTAD, and Sign of Strength. It calculates range quality scores, a
Indicator · Pine Script v6 · On the chart
Draw on Liquidity
An overlay indicator that draws liquidity levels at pivot highs and lows, filtered by volume.
GitHub stars1on the repository
Pine versionv6current
Lines of code204
Settings11inputs
LicenceNone stated
Last update9 months ago31 Jan 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
A level appears when the pivot bar's volume exceeds a multiple of its moving average. High and low levels have separate colours, and a display mode shows either all historical levels or only active ones. A dashboard reports how close price is to the nearest level using a percentage threshold. Settings cover pivot length, volume multiplier and period, line width and dashboard layout. Pivots are confirmed only after the pivot length has passed.
- Volume-filtered pivot liquidity levels
- Historical or current display mode
- Dashboard with price proximity to levels
- Adjustable pivot length and volume multiplier
Details
Published by
Ahmed1926 on GitHub
Code credit
PhenLabs, as written in the script's header
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
SMC / ICT / price action, Support & resistance, Volume, Screeners & dashboards
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pivot Length | int | 5 | pivotLength |
| Volume Threshold Multiplier | float | 2.0 | volMultiplier |
| Volume MA Period | int | 20 | volPeriod |
| Line Width | int | 1 | lineWidth |
| Display Mode | string | Current | displayMode |
| High Liquidity Level | color | #2962FF | highLiquidityColor |
| Low Liquidity Level | color | #ff2727 | lowLiquidityColor |
| Proximity Threshold (%) | float | 2 | proximityThreshold |
| Dashboard Position | string | Top Right | dashboardPosition |
| Dashboard Background Opacity | int | 70 | dashboardBgOpacity |
| Dashboard Text Size | string | Normal | dashboardTextSize |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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