Monthly Open Liquidity Tracker

 

Monthly Open Liquidity Tracker

Description

Monthly Open Liquidity Tracker is a professional MetaTrader 5 indicator designed to monitor Monthly Open levels and automatically detect Liquidity Sweeps occurring around these key institutional price zones.

The indicator displays the most recent Monthly Open and Monthly Close levels, calculates the distance between them in points, and highlights areas where market liquidity has been captured before a directional move.

Features

 Display of Monthly Open levels

 Display of Monthly Close levels

 Automatic Open-Close distance calculation

 Buy Liquidity Sweep detection

 Sell Liquidity Sweep detection

 Fully customizable lines and levels

 Compatible with all timeframes

How to Use

The Monthly Open is a major institutional reference level widely used by Smart Money Concept (SMC) and ICT traders.

This indicator helps identify:

• Liquidity Sweeps

• False Breakouts

• Institutional Reaction Zones

• Trading opportunities after liquidity capture

Compatible Markets

• Forex

• Gold (XAUUSD)

• Silver (XAGUSD)

• Stock Indices

• Commodities

• Cryptocurrencies

Advantages

• Easy installation

• Clean and intuitive interface

• Low resource consumption

• Optimized for MetaTrader 5

• Ideal for SMC and ICT trading strategies

Conclusion

Monthly Open Liquidity Tracker is a powerful trading tool that helps traders identify important monthly levels and better understand institutional liquidity movements with precision and efficiency.

Version: 1.00

MetaTrader 5 Market Edition

© KOUAME N'DA LEMISSA

 


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