TJR Liquidity mark-out indicatorIndicator Description:
This custom Pine Script indicator is designed to mark highs and lows based on a simple candle pattern recognition system, ideal for traders using TJR's Strategy or any strategy focused on liquidity.
The indicator marks out key levels where the price has not yet taken out liquidity. Specifically, it looks for price patterns where there is:
A bullish candle followed by a bearish candle (marking a potential high).
A bearish candle followed by a bullish candle (marking a potential low).
Once these highs and lows are identified, lines are drawn extending to the right until price sweeps the level — that is, when the price breaks above a high or below a low, the line is deleted. This makes the indicator highly useful for liquidity-based strategies where the goal is to spot unfilled liquidity zones (i.e., levels where price has not yet reached).
The indicator is especially beneficial for traders who:
Use TJR's Strategy, which typically involves identifying market structure shifts and liquidity zones.
Focus on liquidity pools and want to visualize areas where the market could potentially "sweep" or revisit to grab liquidity before continuing its movement.
By showing these areas where the liquidity hasn't been taken out yet, this indicator allows traders to better time their entries and exits, helping them align with areas of unfilled liquidity in the market. It’s a great addition for those looking to trade near key liquidity zones or manage risk based on market structure shifts.
Key Features:
Marks Liquidity Zones: Detects potential liquidity areas based on candle patterns.
Dynamic Lines: Lines extend to the right and disappear once price sweeps them.
Perfect for TJR's Strategy: Aligns with liquidity-focused strategies.
Customizable: Choose time periods, colors, and line length for personalized settings.
Real-time Updates: Continuously updates as new candles form, ensuring you have the latest liquidity data.
Priceactionstrategy
HorseShoe - At NalıHorseShoe - At Nalı
English
HORSEHOE FORMATION
It is actually a kind of bobbin. As with the bobbin, the needles of the candles are not taken into account much.The difference is that there are only four candlesticks in this formation. There is no limit to this in the bobbin.In addition, it is important which of the bars forming the bobbin is longer or shorter than which.is not. This is very important in a horseshoe. There is a rule for the length and shortness of the bars.Candlesticks in a horseshoe showing the bearish sequentially rising, falling, rising and repeatingin the form of falling bars. Also the lengths of the first and fourth bars, i.e. price opening andThe differences between the closing must be longer than the second and third bar. So those on the sideshould be clearly larger than the middle ones. For the rise, the bars are falling-rising-falling in order.The rising candle should be in the form of a bar. Likewise the first and last barsshould be longer than the middle ones.Of the first and fourth bars, it is better if the fourth bar is longer than the first.was the signal. But the fact that they are equal or the first one is long does not mean this formation. Attentionthe first and last bars that need to be beat are clearly longer than the middle onesrequired. A millimeter long means a very weak signal.
It is valid for every price and parity. But this is not a magic wand, so every horseshoemay not be the correct signal. Trend, Supdem, Correlation and other similar components are alsois involved, a highly efficient signal is formed. Well reviewed onexperience must be gained. More like an indicator to show the direction of the price rather than a signalshould be used.
Turkish
AT NALI FORMASYONU
Aslında bir tür bobindir. Bobinde olduğu gibi mumların iğneleri çok dikkate alınmaz. Farkı, bu oluşumda sadece dört mum çubuk vardır. Bobinde bunun sınırı yoktur. Ayrıca bobini oluşturan barların hangisinin hangisinden uzun ya da kısa olduğu önemli değildir. At nalında bu çok önemlidir. Barların uzunluğu kısalığı ve sırasında bir kural vardır. Düşüşü gösteren at nalında mum çubuklar sırayla yükselen düşen yükselen ve tekrar düşen barlar şeklindedir. Ayrıca birinci ve dördüncü barların uzunlukları, yani fiyat açılış ve kapanışı arasındaki farkları, ikinci ve üçüncü bardan daha uzun olmalıdır. Yani kenardakiler ortadakilerden net bir şekilde büyük olmalı. Yükseliş için ise barlar sırayla düşen-yükselen düşen-yükselen mum çubuk şeklinde olmalıdır. Aynı şekilde ilk ve son barlar ortadakilerden uzun olmalıdır. Birinci ve dördüncü barlardan dördüncü barın birinciden uzun olması daha güze bir sinyaldi. Fakat eşit olmaları ya da birincinin uzun olması da bu oluşumu bozmaz. Dikkat edilmesi gereken ilk ve son barların açık bir şekilde ortadakilerden uzun olması gerekmektedir. Milim farkla uzun olması çok zayıf bir sinyal olması anlamına gelir.
kaynak:
Price Action TR
Booming Bull 15 Min StrategyBooming Bull 15 Min strategy
Conditions
First 15 min candle high-low must be less than .75%
Next candle is crossing either high or low
