Liquidity Pools Pro: Free TradingView Indicator (Pine Script)

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 Pools Pro detects pivot highs and lows with an adaptive or manual length and groups pivots that sit within an ATR-based tolerance into pools, shown as zones with a strength bar. Strength decays over time and can be volume-weighted. When price sweeps a pool and a body reversal follows, a BUY or SELL signal can appear, with an optional higher-timeframe filter and stop and target lines. Pivots confirm after a few bars.

Equal high and low liquidity pools
Strength scoring with decay and volume weight
Sweep signals with body reversal check
Optional higher-timeframe confluence
Stop, targets and break-even lines

Details

Published by

vedkanani123 on GitHub

Type

Indicator, Pine Script v6

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.

File

indicator/olg_7_6_26/indicator_tradingview/5.txt

Repository

github.com/vedkanani123/shakuni_trap. See its other scripts in the library

Settings

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

Setting	Type	Default	Variable
Adaptive Pivot Length	`bool`	`true`	`adaptivePivotInput`
Manual Pivot Length	`int`	`8`	`manualPivotLenInput`
Right Confirmation Bars	`int`	`2`	`rightConfirmInput`
Equality Tolerance (×ATR)	`float`	`0.25`	`atrToleranceInput`
Max Pivot Lookback (bars)	`int`	`200`	`maxLookbackInput`
Max Active Pools	`int`	`40`	`maxActivePoolsInput`
Min Strength to Display	`int`	`0`	`minStrengthShowInput`
Strength Half-Life (bars)	`int`	`150`	`halfLifeBarsInput`
Volume-Weighted Strength	`bool`	`true`	`useVolumeWeightInput`
Enable Sweep Signals (BUY/SELL)	`bool`	`true`	`enableSweepSignalsInput`
Min Pool Strength for Signal	`int`	`25`	`minStrengthSignalInput`
Require Body Reversal	`bool`	`true`	`requireBodyReversalInput`

Show all 40 settings

Setting	Type	Default	Variable
Enable HTF Confluence	`bool`	`false`	`useHtfConfluenceInput`
Higher Timeframe	`timeframe`	`240`	`htfTimeframeInput`
Risk Preset	`string`	`Balanced`	`riskPresetInput`
ATR Length (Risk)	`int`	`14`	`atrLenRiskInput`
Custom SL ×ATR	`float`	`1.5`	`slMultInput`
Custom TP1 ×Risk	`float`	`1.0`	`tp1MultInput`
Custom TP2 ×Risk	`float`	`2.0`	`tp2MultInput`
Custom TP3 ×Risk	`float`	`3.0`	`tp3MultInput`
Show SL/TP Lines	`bool`	`true`	`showSlTpInput`
Show SL/TP Labels	`bool`	`true`	`showSlTpLabelsInput`
Break-Even After TP1	`bool`	`true`	`useBreakEvenInput`
Show % Distance on Labels	`bool`	`true`	`showPctOnLabelsInput`
Theme	`string`	`Auto`	`themeInput`
Show Liquidity Zones	`bool`	`true`	`showZonesInput`
Show Strength Bar	`bool`	`true`	`showStrengthBarInput`
Show Pool Labels	`bool`	`true`	`showLabelsInput`
Show Volume in Labels	`bool`	`true`	`showVolumeInput`
Keep Swept Zones	`bool`	`true`	`showSweptInput`
Show Buy/Sell Markers	`bool`	`true`	`showSignalsInput`
Show Watermark	`bool`	`true`	`showWatermarkInput`
SL/TP Label Font Size	`string`	`Small`	`labelFontSizeInput`
Signal Marker Size (Long/Short)	`string`	`Small`	`signalFontSizeInput`
Show Dashboard	`bool`	`true`	`showDashInput`
Position	`string`	`Top Right`	`dashPosStr`
Webhook JSON Format	`bool`	`false`	`webhookInput`
Alert on SL Hit	`bool`	`true`	`alertSlHitInput`
Alert on TP Hits & BE	`bool`	`false`	`alertTpHitInput`
Bullish (Demand) Color	`color`	`#00E676`	`bullColorInput`

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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