Liquidity Toolkit

19小时前

Key Points:

Liquidity Toolkit is your liquidity companion for monitoring and anticipating price action.
Liquidity Toolkit combined the power of the Liquidity Status indicator with the potency of Price Triggers.
Liquidity Status indicates if the current current liquidity environment is bullish or bearish.
Price triggers highlight price levels where supports, resistances, and trend-changes are likely to occur.
Together, they create a comprehensive and actionable view of the market.
- Summary
  The Liquidity Toolkit (TK) is designed as a one-stop-shop indicator by combining novel liquidity metrics with traditional and impactful price measurements. In combination, TK grants unparalleled views of the market through effective yet simple displays.
  The TK indicator contains two separate by synergistic algorithms: the Liquidity Status algorithm, which measures liquidity to determine if outlooks are bearish or bullish; and the Price Triggers algorithm which analyzes price-action to determine points of support and resistances.
  
  Example 1:
  Example 2:
  Example 3:
  DetailsLiquidity Status
  Liquidity Status (LS) measures liquidity and produces either `Bullish` or `Bearish` indications depending on the current liquidity status.
  Bullish indications indicate that the overall flow of liquidity is supportive of bullish price and bearish indications indicate that the overall flow of liquidity is supportive of bearish price action.
  LS is displayed in two ways:
  1. Candle-Coloring: if candles are green, liquidity status is bullish and if candles are red, liquidity status is bearish.
  2. Text Display: Bearish and/or Bullish is displayed via text as well.
  Price Triggers
  Price Triggers (PT) measure price action and report their findings on several timeframes:
  1. 1-Minute
  2. 5-Minute
  3. 60-Minute
  4. 1-Day
  5. 1-Week
  TK graphs the PTs based on the chart interval – only the higher PTs are display (i.e.: On the 1-Hour chart, the 5-, and 1-Min PTs will not be displayed).
  
  Example 4
  In additional to showing price-levels of support and resistance, Price Triggers also display the relative strength of these supports and resistances by displaying the Trigger Strengths. These represent areas of influence.
  Opportunities often arise when PTs squeeze each other, often forcing spot to make a large move – as can be seen below:
  Example 5Frequently Asked Questions
  How can I get access to the Liquidity Toolkit?
  
  Please see the Author’s Instructions section at the top of the page for more details and information.
  How can I get additional information on the indicators used?
  
  Please see the Author’s Instructions section at the top of the page for more details and information.
  I added the Liquidity Toolkit but I do not see all of the PT lines – where are they?
  
  Depending on the chart interval, not all PT lines will be displayed. Those lower than the chart’s timeframe are hidden for clarity.
  I added Liquidity Toolkit but the chart’s candles are not being filled by LS.
  
  The chart will try to color over LS’ candles if you do not disable them. To disable, go to the Chart Settings then to Symbol and de-select Body, Borders and Wick.