Monthly High Low Liquidity Zones
- Indicators
- N'da Lemissa Kouame
- Version: 1.2
- Activations: 5
Monthly High & Low Dynamic Range + Liquidity Zones v1.2
Author: KOUAME N'DA LEMISSA
Description:
Transform your market analysis with this powerful indicator that combines:
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Key Monthly Levels: High, Low, Open, and Close to identify the most important support and resistance zones.
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Dynamic High/Low Range: Automatically tracks extreme price movements to detect significant market shifts.
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Liquidity Zones: Visual rectangles showing areas where liquidity is concentrated (Buy/Sell). The thickness and color of these zones are fully customizable for maximum chart visibility.
Suitable for All Symbols and Brokers: Works perfectly on Forex, Stocks, Indices, and Cryptocurrencies.
Key Features:
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Automatic detection of monthly High, Low, Open, and Close levels.
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Display of Dynamic High/Low Ranges to track extreme movements.
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Visual liquidity zones with customizable border thickness and colors.
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Compatible with all timeframes.
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Fully configurable settings to adapt the indicator to your trading style.
Indicator Settings:
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Ref_Timeframe: Reference timeframe for level calculation (default: Monthly).
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Ref_Shift: Reference candle (0 = last completed candle).
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LiquidityBuyColor / LiquiditySellColor: Colors for Buy/Sell liquidity zones.
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LiquidityZoneWidth: Border thickness of liquidity rectangles.
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Display of High/Low/Open/Close and dynamic ranges on the chart.
Benefits for Traders:
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Instant visualization of support, resistance, and liquidity zones.
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Dynamic tracking of extreme movements for more precise entries and exits.
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Clear, customizable interface suitable for both beginner and professional traders.
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Enables faster, more informed decisions, reducing analysis errors.
Usage Tips:
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Apply the indicator to your preferred chart (Forex, Indices, Crypto).
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Adjust color and width settings for better visibility.
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Combine with your price action strategies or favorite indicators to confirm entries.
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Use liquidity zones to identify potential reversal or continuation points.
Reviews:
"This indicator has transformed the way I analyze key market levels. The liquidity zones are clearly visible and help me make faster decisions." – Pro Trader
