The Liquidation Heatmap indicator detects potential liquidation zones by scanning recent price swings and calculating volume or range-based weights over a configurable lookback period.
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
Liquidation Heatmap overlays boxes and labels on the price chart to highlight long and short liquidation pockets, with adjustable colors, transparency for touched pockets, and an offset for stop-loss estimation. Additional features include swing width parameters for multi-timeframe liquidity capture, ATR bands for volatility filtering, and options to display a scale or maintain visibility of breached pockets. The tool aids in identifying high-intensity liquidation areas without repainting signals.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
On/Off
bool
true
liq_showInd
뚫린 Pockets 유지
bool
false
liq_keepTouch
Show Scale
bool
false
liq_showScale
소스
string
Vol x Range
liq_wMode
길이
int
400
liq_lookback
표시강도(M)
float
0.0
liq_minW
Bar Extension
int
0
liq_extUnhit
Label Merge %
float
0.25
liq_mergeDist
1st Swing Width
int
1
liq_pivW
2nd Swing Width
int
0
liq_secSwing
ATR Period
int
3
liq_atrLen
ATR Band (%)
float
1.5
liq_atrPct
Show all 17 settings
Setting
Type
Default
Variable
뚫린Pockets 투명도
int
90
liq_touchT
Heat Contrast
float
0.7
liq_contrast
Long Color
color
color.rgb(1, 254, 212)
liq_colLong
Short Color
color
color.rgb(254, 0, 220)
liq_colShort
Offset (%)
float
0.05
liq_offsetPct
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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