Indicator · Pine Script v6 · On the chart

Liquidation Heatmap

by ymlee1104

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.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code386
Settings17inputs
LicenceNone stated
Last update7 months ago13 Mar 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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.

Details

Published by

ymlee1104 on GitHub

Draws

On the price chart

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.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
On/Offbooltrueliq_showInd
뚫린 Pockets 유지boolfalseliq_keepTouch
Show Scaleboolfalseliq_showScale
소스stringVol x Rangeliq_wMode
길이int400liq_lookback
표시강도(M)float0.0liq_minW
Bar Extensionint0liq_extUnhit
Label Merge %float0.25liq_mergeDist
1st Swing Widthint1liq_pivW
2nd Swing Widthint0liq_secSwing
ATR Periodint3liq_atrLen
ATR Band (%)float1.5liq_atrPct
Show all 17 settings
SettingTypeDefaultVariable
뚫린Pockets 투명도int90liq_touchT
Heat Contrastfloat0.7liq_contrast
Long Colorcolorcolor.rgb(1, 254, 212)liq_colLong
Short Colorcolorcolor.rgb(254, 0, 220)liq_colShort
Offset (%)float0.05liq_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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