Liquidity Depth [Pro+]

Description:
Liquidity Depth Pro+ is a trading tool with a remarkable adaptability and perfectly aligned with the intricate demands of the futures, forex, and bond markets. This indicator is based on a concept taught by the Inner Circle Trader (ICT), who explains that institutions tend to dig deeper into Liquidity Pools above highs and below lows. Specifically, ICT mentions how in Forex these Liquidity Depths are classically manifested as 10-20-30 pips respectively.

This tool allows the Analyst to adapt this concept based on their understanding of price. It delves into the essence of institutional trading, exposing deeper liquidity depth pursued by institutional giants and astute bank traders that lay further than the mere extremities of price.

NQ1! Example (Tuesday):

1. Price raids Monday's low
   
2. Price raids Friday's low
   
3. Price digs deeper into one of Friday's Deep Liquidity Pools
   
4. Low of the Day Reversal
   

Note: the Depths used in this example are 30-60-90 points.

Key Features:

• Versatility Across Assets: Liquidity Depth Pro+ is finely tailored for futures, forex, and bond markets, making it an all-encompassing solution suitable for a broad range of financial instruments.
  
• Timeframe Customization: Liquidity Depth Pro+ allows users to decide Timeframe Liquidity empowering the analyst with flexibility.
  
• Historical Pools: Choose up to the last 20 highs and lows to mark liquidity pools from the User Selected Timeframe.
  
• Universal Trading Style: Regardless of your trading approach, be it trend-following or reversal models, this indicator embraces all styles. It offers a holistic perspective to navigating liquidity zones above highs and below lows of the chosen Timeframe.
  
• Visual Precision: This indicator visualizes the liquidity depth with a customizable style, allowing the analyst to frame the position of deeper liquidity pools above highs and below lows.
  
• Liquidity Table: Keep track of liquidity levels and unlock faster decision making by taking advantage of the visual Liquidity Table cues.
  
• Adaptive Table Colors: When price is above your desired liquidity pool high, the table will match the liquidity high color to indicate a current liquidity raid or deeper pool being attacked. Vice versa, when price is below your desired liquidity pool low, the table will match the liquidity low color.
  
• Real-Time Alerts: Save Time with live alerts that provide valuable insights into potential opportunities and liquidity purges at your desired liquidity levels.
  

Other Features:

• Choose the Depth Type ("Auto", "Value", "Ticks", "Pips"). The “Auto” feature will select the best unit of measurement for the depths based on the current market on chart.
  
• Choose to show up to Three Liquidity Depths.
  
• Customize the Liquidity Line Style.
  
• Customize the Liquidity Line Color.
  
• Customize the Liquidity Line Width.
  
• Customize Table Size and Location
  

Usage Guidance:

1. Add Liquidity Depth to your Tradingview chart.
   
2. Customize your desired Timeframe and Liquidity Depths to align with your personal preference.
   
3. Observe where the Liquidity Lines manifest above and below your chosen Timeframe’s highs and lows respectively, once they are raided.
   
4. Leverage this invaluable information to frame the narrative, whether you opt to pursue liquidity or capitalize on post-purge reversals.
   

These tools are available ONLY on the TradingView platform.

Terms and Conditions

• Our charting tools are products provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. Our charting tools are not designed to predict market movements or provide specific recommendations. Users should be aware that past performance is not indicative of future results and should not be relied upon for making financial decisions. By using our charting tools, the purchaser agrees that the seller and the creator are not responsible for any decisions made based on the information provided by these charting tools. The purchaser assumes full responsibility and liability for any actions taken and the consequences thereof, including any loss of money or investments that may occur as a result of using these products. Hence, by purchasing these charting tools, the customer accepts and acknowledges that the seller and the creator are not liable nor responsible for any unwanted outcome that arises from the development, the sale, or the use of these products.
  Finally, the purchaser indemnifies the seller from any and all liability. If the purchaser was invited through the Friends and Family Program, they acknowledge that the provided discount code only applies to the first initial purchase of the Toodegrees Premium Suite subscription. The purchaser is therefore responsible for cancelling – or requesting to cancel – their subscription in the event that they do not wish to continue using the product at full retail price. If the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable. We hold no reimbursement, refund, or chargeback policy. Once these Terms and Conditions are accepted by the Customer, before purchase, no reimbursements, refunds or chargebacks will be provided under any circumstances.
  
  By continuing to use these charting tools, the user acknowledges and agrees to the Terms and Conditions outlined in this legal disclaimer.
  

リリースノート:

Pre-Release Bug Fix

• Fixed previous liquidity levels being inaccurate on LTF
  
• Fixed Depth bug where liquidity lines would never show
  

リリースノート:

Feature Added: can now use Custom Session Liquidity Pools, on top of Candle Liquidity Pools.

Remove from Chart > Refresh Tradingview > Re-add to Chart to see changes!

リリースノート:

Better alert messages and instructions.

To see changes: remove indicator from the chart, refresh TradingView, re-add to the chart.