OPEN-SOURCE SCRIPT

Liquidity Levels (Smart Swing Lows)

1 431
Liquidity Levels — Smart Swing Low Detection
Efficient Liquidity Sweep Visualization for Smart Money Traders

This script automatically identifies and plots liquidity-rich swing lows based on pivot logic, filters them to remove redundant levels, and overlays daily highs/lows for added context — giving Smart Money Concept (SMC) traders a clean, actionable map of liquidity.

It’s designed to be minimal yet powerful: perfect for spotting potential liquidity grabs, mitigation zones, and sweep targets with zero chart clutter.

🔍 What This Script Does:
Detects Smart Swing Lows

Uses fixed pivot detection (left = 3, right = customizable) to identify structurally significant swing lows.

Filters out swing lows that are too close together using a percentage-based spacing threshold to reduce noise.

Mitigation Cleanup Logic

Tracks whether recent price action breaches past swing lows.

If breached, the swing level is automatically removed, keeping only relevant, unmitigated liquidity levels on your chart.

Plots Daily Highs and Lows

Each new trading day, horizontal rays mark the prior day’s high and low — useful for identifying resting liquidity and possible sweep zones.

Labeling and Style Customization

Optional labels for swing lows.

Full control over label size, color, and visibility to match any chart aesthetic.

Timeframe Filtering

Runs exclusively on 5m, 10m, and 15m charts to ensure optimal reliability and signal clarity.

⚙️ Customization Features:
Pivot sensitivity (Right side control)

Minimum distance between swing lows (in %)

Label visibility, size, and color

Line width and colors for both swing levels and daily highs/lows

Mitigation cleanup lookback length

💡 How to Use:
Add the script to a qualifying intraday chart (5–15m).

Use the swing low levels to monitor liquidity-rich zones.

Combine with your personal strategy to identify liquidity grabs, potential reversal zones, or entry points following a sweep.

Let the built-in cleanup logic remove any already-mitigated levels so you can focus on active targets.

🚀 What Makes It Unique:
This isn’t just another pivot plotter — it’s a smart, self-cleaning SMC tool designed for modern liquidity-based trading strategies.
A must-have for traders using concepts like liquidity grabs, mitigation blocks, or sweep-to-reverse trade models.

🔗 Best used in combination with:

✅ First FVG — Opening Range Fair Value Gap Detector: Pinpoint the day’s first imbalance zone for intraday setups.

✅ ICT SMC Liquidity Grabs + OB + Fibonacci OTE Levels: Confluence-based entries powered by liquidity logic, order blocks, and premium/discount zones.

Used together, these scripts form a complete Smart Money toolkit — helping you build high-probability setups with confidence, clarity, and clean charts.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.