Indicator · Pine Script v6 · On the chart

TnSovereignLiquidityMagnetV6

by raybird

This indicator ranks swing-pivot liquidity pools on the price chart and marks the highest-scoring pool as the current magnet.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code263
Settings19inputs
LicenceNone stated
Last update2 months ago15 Aug 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

TnSovereignLiquidityMagnetV6 clusters equal highs and lows, then scores each pool from strength, proximity, age decay, and momentum bias. A higher-timeframe EMA sets directional bias and a minimum pull percentage gates the highlight. Inputs change lookback, pool count, age, tolerance, distance scaling, and score weights. It draws liquidity zones, a top-magnet highlight, and an optional dashboard. ATR stop and reward-ratio values are display settings only; it does not place trades.

Details

Published by

raybird on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Category

SMC / ICT / price action, Support & resistance, Oscillators & momentum, 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.

SettingTypeDefaultVariable
Pivot Lookbackint10pivotLen
Max Active Poolsint25maxPools
Max Pool Age (bars)int500maxAgeB
Auto-Scale TolerancebooltrueautoEqTol
Manual Tolerance %float0.15manualEq
Equal H/L Bonus Multfloat1.7eqBonus
Auto-Scale by TimeframebooltrueautoScale
Manual Log-Distancefloat0.45manualLogD
Strength Weightfloat1.0wStrength
Proximity Weightfloat1.2wProximity
Age Decay Weightfloat0.6wAge
Momentum Bias Weightfloat0.9wMomentum
Show all 19 settings
SettingTypeDefaultVariable
HTF Bias TimeframetimeframeDhtfRes
Min Magnet Pull %float40.0minMagPct
SL ATR Multiplefloat2.0slAtrMul
Target R:Rfloat2.5tpRr
Show Liquidity ZonesbooltrueshowZones
Highlight TOP MAGNETbooltrueshowTop
DashboardbooltrueshowDash
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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