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Indicator · Pine Script v5 · On the chart
Trend Channels With Liquidity Breaks [ChartPrime]
This TradingView indicator plots trend channels on the price chart using pivot highs and lows.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code321
Settings8inputs
LicenceNone stated
Last update9 months ago10 Jan 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
Trend Channels With Liquidity Breaks [ChartPrime] identifies liquidity breaks by normalizing volume against moving averages and percentiles. The main settings control pivot length, visibility of the last channel, break waiting, line extension, and volume background color. Channels consist of top, center, and bottom lines with customizable colors. The indicator draws lines directly on the price chart without separate panes. It supports default v5 mode and references v4 comments when present. No exit rules or stop loss are defined.
- Trend Channels
- Liquidity Breaks
- Pivot Points
- Volume Analysis
- Channel Lines
Details
Published by
webcrack4 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Support & resistance, Volume, Breakout
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
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Length | int | 8 | length |
| Show Last Channel | bool | true | show |
| Wait for Break | bool | true | wait |
| Extend Line | bool | false | extend |
| Volume BG | bool | false | enable_liquid |
| Colors | color | color.rgb(51, 124, 79) | top_color |
| center_color | color | color.gray | center_color |
| bottom_color | color | color.rgb(165, 45, 45) | bottom_color |
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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