This indicator plots a session VWAP of the typical price on the price chart. It marks an up triangle under a bar when close crosses above VWAP and a down triangle above a bar when close crosses below it. A star pinned at the top of the pane marks bars whose vo
Indicator · Pine Script v6 · On the chart
Meridian Liquidity Ledger
A Pine v6 overlay that builds a volume-style profile over a lookback window and draws it on the price chart as shelves, meaning price bins with concentrated activity.
GitHub stars1on the repository
Pine versionv6current
Lines of code297
Settings19inputs
LicenceNone stated
Last update3 months ago30 Jul 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
Meridian Liquidity Ledger separates buy and sell shares, marks a point of control line, and uses a reference EMA with an adaptive anchor band. Settings include lookback bars, bin count, profile width and a minimum shelf strength filter. Historical shelf zones, spines and a dashboard table can be switched on or off.
- Price-bin profile shelves on the chart
- Point of control line
- Reference EMA with adaptive anchor band
- Minimum shelf strength filter
- Dashboard table
Details
Published by
VVASILEVSS on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Volume, Support & resistance, 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Lookback Bars | int | 220 | lookbackBars |
| Bin Count | int | 42 | binCount |
| Profile Width | int | 34 | profileWidth |
| Shelf Padding | int | 8 | shelfPadding |
| Reference EMA Length | int | 55 | referenceLength |
| Deviation Length | int | 34 | deviationLength |
| Reference Bias | float | 0.70 | referenceBias |
| Use Adaptive Anchor Band | bool | true | useAnchorBand |
| Minimum Shelf Strength % | float | 18.0 | minShelfPct |
| Show Historical Shelf Zones | bool | true | showHistoricalShelves |
| Extend Point Of Control | bool | true | extendPointOfControl |
| Show Shelf Spines | bool | true | showSpines |
Show all 19 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Dashboard | bool | true | showDashboard |
| Buy Core | color | color.rgb(19, 202, 156) | buyCore |
| Sell Core | color | color.rgb(206, 37, 143) | sellCore |
| Buy Secondary | color | color.rgb(22, 109, 183) | buyGlow |
| Sell Secondary | color | color.rgb(255, 112, 67) | sellGlow |
| Neutral | color | color.rgb(140, 149, 160) | neutralLine |
| Dashboard Background | color | color.rgb(14, 20, 30) | dashboardBg |
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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