OFX Liquidity1
- Indicators
-
Malik Muhammad Naveed
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ABOUT THE SELLER / AUTHOR (for MQL5 profile & products)
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SHORT VERSION (profile "About me" / signature) - Version: 1.10
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OFX LIQUIDITY 1 - MQL5 MARKET PRODUCT DESCRIPTION
(formatting notes: **bold** = editor Bold button;
lines starting with "•" = bullet-list button;
UPPERCASE lines = section headings)
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SHORT TITLE (product name field):
OFX Liquidity - Buy-Side / Sell-Side Liquidity Pools for XAUUSD (Gold)
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OVERVIEW
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**OFX Liquidity** shows you exactly where the stops are resting - the price levels
the market is most likely to be pulled toward next. Big players push price into
these **liquidity pools** to fill their orders, so seeing them in advance is a real
edge.
It marks **buy-side liquidity (BSL)** above price and **sell-side liquidity (SSL)**
below, always keeps both sides on your chart, and flags each level the moment it is
**swept**. Built for **XAUUSD (Gold)**, works on any timeframe.
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WHAT IT DOES
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• **Buy-side liquidity (red, above price)** - drawn on old/equal highs where buy
stops rest. Price often runs UP to grab them.
• **Sell-side liquidity (blue, below price)** - drawn on old/equal lows where sell
stops rest. Price often drops DOWN to grab them.
• **Nearest untapped target each side, always shown in BOLD** - so you never miss
the key level above or below, on any chart.
• **Equal highs / equal lows are stronger** - clusters are drawn thicker and
labelled x2 / x3 (more touches = stronger magnet).
• **Sweep detection** - when price trades through a level, it turns dotted grey and
is labelled "swept" - the trap being sprung, and often the start of a reversal.
• **Clean by design** - only the relevant, recent levels are shown; old swept levels
fade away.
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KEY ADVANTAGES
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• **See the market's real targets** - trade toward liquidity, not random lines.
• **Both sides, always** - a clear buy-side and sell-side level on every chart.
• **Spot the reversal** - a fresh sweep of a pool is a high-probability turn signal.
• **Exact levels** - each line sits precisely on the swing high/low.
• **Any timeframe** - scalping or swing, the pools adapt.
• **Part of the OFX OrderFlow suite** - pairs with the order-flow, ICT and
strength tools for full confluence.
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HOW TO USE
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1. Attach OFX Liquidity to an **XAUUSD** chart (any timeframe).
2. Note the **bold** red level above and **bold** blue level below - the nearest
untapped targets.
3. Wait for price to **sweep** a level (it turns dotted). Look for a reversal back
the other way, ideally with the rest of the OFX suite agreeing.
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INPUTS / PARAMETERS
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• **InpScanBars** - how many bars back to scan for swing highs/lows (default: 500)
• **InpSwingW** - swing sensitivity; higher = only bigger swings (default: 3)
• **InpMinTouches** - touches to draw a level; 1 = every swing, 2 = only equal
highs/lows (default: 1)
• **InpTolATR** - how close highs/lows must be to count as "equal", as a fraction of
ATR (default: 0.12)
• **InpATRperiod** - ATR period for the tolerance (default: 14)
• **InpMaxPools** - max normal levels drawn per side, to keep it clean (default: 4)
• **InpShowSwept** - keep showing swept levels (default: true)
• **InpKeepSweptBars** - hide swept levels older than this many bars (default: 40)
• **InpBSLColor / InpSSLColor / InpSweptColor** - line colours
• **InpPrefix** - object-name prefix (default: OFXLQ_)
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NOTE
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OFX Liquidity is a pure price-structure tool (swing highs/lows). It shows WHERE the
liquidity rests; pair it with the OFX order-flow and strength tools for direction and
timing. Trading involves risk.
