//@version=5
indicator("Liquidity", max_lines_count=500, max_lines_count = 500, max_boxes_count
= 500, max_bars_back = 500, overlay = true)
show_liquidity = input(true,"Show Liquidity? (Daily, Weekly, Monthly)",inline='Show
Liquidity'
, group = 'Configuration')
var gStartOffset = 0
var gEndOffset = 25
// DEFINE COLORS of the lines displayed on the chart
// --> Blue lines: Daily liquidity
// --> Yellow lines: Weekly Liquidity
// --> Purple lines: Monthly liquidity
tf=input.timeframe("60")
gIstEnabled = input(false)
gtAboveLiquidityColor =input.color( color.new(#b9c5d4, 13))
gtBelowLiquidityColor = input.color(color.new(#b9c5d4, 43))
gtWidth = 1
gIshEnabled = input(false)
ghAboveLiquidityColor =input.color( color.new(#b9c5d4, 13))
ghBelowLiquidityColor = input.color(color.new(#bfc8d4, 43))
ghWidth = 1
//daily liquidity
gIsDailyEnabled = input(true)
gDailyAboveLiquidityColor =input.color( color.new(#4987d3, 13))
gDailyBelowLiquidityColor = input.color(color.new(#4987d3, 43))
gDailyWidth = 1
//weekly liquidity
gIsWeeklyEnabled = input(true)
gWeeklyAboveLiquidityColor =input.color(color.new(#f6eb54, 13))
gWeeklyBelowLiquidityColor =input.color( color.new(#f6eb54, 4))
gWeeklyWidth = 1
//month liquidity
gIsMonthlyEnabled = input(true)
gMonthlyAboveLiquidityColor =input.color( color.new(#f66ecf, 13))
gMonthlyBelowLiquidityColor = input.color(color.new(#f66ecf, 43))
gMonthlyWidth = 1
cleanedLevelColor = color.new(#ffffff, 100)
cleanedLevelStyle = "Dashed"
var highArray = array.new_float()
var lowArray = array.new_float()
var highLinesArray = array.new_line()
var lowLinesArray = array.new_line()
var purgedLinesArray = array.new_line()
[prevDayHigh, prevDayLow] = request.security(syminfo.tickerid, "D",
[high[1], low[1]], lookahead=barmerge.lookahead_on)
[prevWeekHigh, prevWeekLow] = request.security(syminfo.tickerid, "W",
[high[1], low[1]], lookahead=barmerge.lookahead_on)
[prevMonthHigh, prevMonthLow] = request.security(syminfo.tickerid, "M",
[high[1], low[1]], lookahead=barmerge.lookahead_on)
[prev4HHigh, prev4HLow] = request.security(syminfo.tickerid, "240",
[high[1], low[1]], lookahead=barmerge.lookahead_on)
[prev1HHigh, prev1HLow] = request.security(syminfo.tickerid, tf, [high[1],
low[1]], lookahead=barmerge.lookahead_on)
//edited berkusa
// Functions
f_drawLine(_y, _c, _w=1) => line.new(bar_index, _y, bar_index, _y, color=_c,
width=_w)
f_create(_high, _low, _upperColor, _lowerColor, _linewidth) =>
array.push(highArray, _high)
array.push(lowArray, _low)
array.push(highLinesArray, f_drawLine(_high, _upperColor, _linewidth))
array.push(lowLinesArray, f_drawLine(_low, _lowerColor, _linewidth))
f_updateStickyLevels(_levels) =>
for _line in _levels
line.set_x1(_line, bar_index + gStartOffset)
line.set_x2(_line, bar_index + gEndOffset)
f_moveLevel(_from, _to, _level, _index) =>
array.push(_to, _level)
array.remove(_from, _index)
f_highlightPurgedLevel(_level) =>
_style = cleanedLevelStyle == "Solid" ? line.style_solid : cleanedLevelStyle ==
"Dashed" ? line.style_dashed : line.style_dotted
line.set_color(_level, cleanedLevelColor)
line.set_style(_level, _style)
f_updateUpperLevels(_high, _highs, _levels, _purgedLevels) =>
while array.min(_highs) < _high
for [_index, _value] in _highs
if _high > _value
_line = array.get(_levels, _index)
f_highlightPurgedLevel(_line)
f_moveLevel(_levels, _purgedLevels, _line, _index)
array.remove(_highs, _index)
f_updateLowerLevels(_low, _lows, _levels, _purgedLevels) =>
while array.max(_lows) > _low
for [_index, _value] in _lows
if _low < _value
_line = array.get(_levels, _index)
f_highlightPurgedLevel(_line)
f_moveLevel(_levels, _purgedLevels, _line, _index)
array.remove(_lows, _index)
f_clearLevels(_levels) =>
while array.size(_levels) > 0
for [_index, _line] in _levels
line.delete(array.remove(_levels, _index))
f_isHigherTimeframe(_timeframe) => timeframe.in_seconds() <=
timeframe.in_seconds(_timeframe)
//Draw Lines if liquidity is enabled
if show_liquidity
if gIstEnabled and f_isHigherTimeframe(tf) and ta.change(time(tf))
f_create(prev1HHigh, prev1HLow, gtAboveLiquidityColor,
gtBelowLiquidityColor, gtWidth)
if gIshEnabled and f_isHigherTimeframe("240") and ta.change(time("240"))
f_create(prev4HHigh, prev4HLow, ghAboveLiquidityColor,
ghBelowLiquidityColor, ghWidth)
if gIsDailyEnabled and f_isHigherTimeframe("D") and ta.change(time("D"))
f_create(prevDayHigh, prevDayLow, gDailyAboveLiquidityColor,
gDailyBelowLiquidityColor, gDailyWidth)
if gIsWeeklyEnabled and f_isHigherTimeframe("W") and ta.change(time("W"))
f_create(prevWeekHigh, prevWeekLow, gWeeklyAboveLiquidityColor,
gWeeklyBelowLiquidityColor, gWeeklyWidth)
if gIsMonthlyEnabled and f_isHigherTimeframe("M") and ta.change(time("M"))
f_create(prevMonthHigh, prevMonthLow, gMonthlyAboveLiquidityColor,
gMonthlyBelowLiquidityColor, gMonthlyWidth)
if barstate.islast
f_updateStickyLevels(highLinesArray)
f_updateStickyLevels(lowLinesArray)
f_updateStickyLevels(purgedLinesArray)
// Highlight the levels that got their liquidity taken
f_updateUpperLevels(high, highArray, highLinesArray, purgedLinesArray)
f_updateLowerLevels(low, lowArray, lowLinesArray, purgedLinesArray)
// Clean the levels that had their liquidity taken on a daily basis
if ta.change(time("D"))
f_clearLevels(purgedLinesArray)
