by 
This overlay indicator finds pivot highs and lows on the price chart and compares the last two highs and the last two lows. When the percentage difference between a pair is below the Equal HL threshold, it treats them as equal levels and draws a box. Left and
Indicator · Pine Script v6 · On the chart
Liquidity & Inducements
An indicator for the price chart, built on an imported price action library, that marks liquidity events and inducements.
GitHub stars1on the repository
Pine versionv6current
Lines of code345
Settings40inputs
LicenceNone stated
Last update2 months ago16 Aug 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
Liquidity & Inducements detects grabs, larger grabs, sweeps and turtle soups, each with its own pivot lengths, lookback, timeframe and colour, plus equal highs and lows, buy-side and sell-side liquidity pools and retracement inducements after a break of structure. Market structure pivots can be shown, and each element can be switched off.
- Liquidity grabs, sweeps and turtle soups
- Equal highs and lows
- Buy-side and sell-side liquidity pools
- Retracement inducement zones
- Per-feature pivot and timeframe settings
Details
Published by
BrandonFreire on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
SMC / ICT / price action, Support & resistance
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.
Repository
Topics
tradingview-ideas
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pivot | int | 5 | _marketStructureLeftPivotLength |
| _marketStructureRightPivotLength | int | 5 | _marketStructureRightPivotLength |
| _marketStructureShowPivots | bool | false | _marketStructureShowPivots |
| Grabs | bool | true | _grabs |
| Big grabs | bool | true | _bigGrabs |
| Sweeps | bool | true | _sweeps |
| Turtle soups | bool | true | _turtleSoups |
| Equal highs/lows | bool | true | _equalPivots |
| BSL & SSL | bool | true | _buysideAndSellsideLiquidity |
| Retracement | bool | true | _retracementInducements |
| Pivot | int | 3 | _grabsPivotLeftLength |
| _grabsPivotRightLength | int | 3 | _grabsPivotRightLength |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Lookback | int | 5 | _grabsLookback |
| Timeframe | timeframe | | _grabsTimeframe |
| Color | color | color.orange | _grabsColor |
| Pivot | int | 10 | _bigGrabsPivotLeftLength |
| _bigGrabsPivotRightLength | int | 10 | _bigGrabsPivotRightLength |
| Lookback | int | 5 | _bigGrabsLookback |
| Timeframe | timeframe | | _bigGrabsTimeframe |
| Color | color | color.aqua | _bigGrabsColor |
| Pivot | int | 3 | _sweepsPivotLeftLength |
| _sweepsPivotRightLength | int | 3 | _sweepsPivotRightLength |
| Lookback | int | 5 | _sweepsLookback |
| Timeframe | timeframe | | _sweepsTimeframe |
| Color | color | color.teal | _sweepsBullishColor |
| _sweepsBearishColor | color | color.red | _sweepsBearishColor |
| Pivot | int | 1 | _turtleSoupsPivotLeftLength |
| _turtleSoupsPivotRightLength | int | 1 | _turtleSoupsPivotRightLength |
| Lookback | int | 5 | _turtleSoupsLookback |
| Timeframe | timeframe | | _turtleSoupsTimeframe |
| Color | color | color.new(color.orange, 70) | _turtleSoupsColor |
| Confirmation | bool | true | _turtleSoupsConfirmation |
| Pivot | int | 1 | _equalPivotsPivotLeftLength |
| _equalPivotsPivotRightLength | int | 1 | _equalPivotsPivotRightLength |
| ATR factor | float | 0.5 | _equalPivotsAverageTrueRangeFactor |
| Lookback | int | 3 | _equalPivotsLookback |
| Timeframe | timeframe | | _equalPivotsTimeframe |
| Liquidity color | color | color.orange | _equalPivotsLiquidityColor |
| Inducement color | color | color.teal | _equalPivotsBullishInducementColor |
| _equalPivotsBearishInducementColor | color | color.red | _equalPivotsBearishInducementColor |
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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