PROTECTED SOURCE SCRIPT

Liquidity O59 Elite Quant

73
This indicator is designed to make price areas that have attracted attention in the past, notable turning points, and the general market tendency easier to observe on the chart.
Its main purpose is to support a clearer and more visual reading of market structure.

🔍 General Approach

The indicator observes price behavior around the following aspects:

Previously notable price areas

How price interacts with these areas

Broader directional context derived from higher time frames

Zones where price has shown hesitation or rejection

These elements are displayed visually to assist interpretation and chart analysis.

📈 Level and Zone Representation

Certain notable highs and lows formed over time are tracked on the chart.

These areas may be displayed using lines or boxes.

When price interacts with them, they can be visually faded or optionally removed.

This approach helps keep the chart focused on currently relevant areas and reduces visual clutter.

⏱ Higher Time Frame Context

Information from a selected higher time frame can be projected onto the active chart.

This helps maintain awareness of the broader market context while working on lower time frames.

This feature is intended as contextual support rather than a standalone directional tool.

🧱 Rejection Areas

Zones where price shows noticeable hesitation or reaction are highlighted.

These zones are automatically cleared when they are no longer relevant.

The goal is to reflect evolving price behavior rather than fixed reference levels.

📉 Trend View

A simplified trend line is used to help visualize the general price tendency.

This line serves only as a visual guide and should not be used independently for decision-making.

🎨 Visual Aids

Optional candlestick coloring is available to highlight certain momentum conditions.

All visual elements such as colors and styles can be adjusted by the user.

⚠️ Important Notes

This study is provided for chart analysis and visualization purposes only.

It does not provide trade execution, predictions, or guarantees.

Results may vary depending on market conditions and user interpretation.

Personal judgment, experience, and risk awareness remain essential.
ekran görüntüsü
ekran görüntüsü

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.