Keltner Liquidity
- Indicators
-
Agus Santoso
DISCLAIMER ON : The author of EA will not be held responsible for your losses or problems of any kind if the EA is directly or indirectly responsible for any losses.
Our software is provided “as is”, without any warranty or condition of any kind, express, implied or statutory. - Version: 1.0
- Activations: 5
MQL5 Blogs = https://www.mql5.com/en/blogs/post/774983
MT4 Version = https://www.mql5.com/en/market/product/193085
MT5 Version = https://www.mql5.com/en/market/product/193086
KELTNER LIQUIDITY [tambangEA] is a professional market-structure and liquidity analysis indicator that combines the Keltner Channel trend framework with Buy-Side Liquidity (BSL), Sell-Side Liquidity (SSL), and confirmed liquidity sweep signals.
The indicator is designed to help traders identify areas where price may be taking liquidity above swing highs or below swing lows before producing a potential rejection or reversal.
Instead of generating signals from a single oscillator, KELTNER LIQUIDITY evaluates price behavior relative to the Keltner Channel, confirmed swing points, and liquidity levels.
Main Concept
The indicator continuously identifies:
Buy-Side Liquidity (BSL) above confirmed swing highs.
Sell-Side Liquidity (SSL) below confirmed swing lows.
Bullish SSL Sweeps when price trades below SSL but closes back above the liquidity level.
Bearish BSL Sweeps when price trades above BSL but closes back below the liquidity level.
Structural Breaks when price closes decisively through an active liquidity level.
Signals are evaluated using confirmed candles, helping reduce intrabar signal changes.
Keltner Channel Trend
The indicator uses a Keltner Channel based on EMA and ATR calculations.
The Basis line provides a simple visual trend reference:
Blue Basis — rising EMA / bullish trend bias.
Orange Basis — falling EMA / bearish trend bias.
The Keltner Channel also provides the volatility context used by the liquidity sweep engine.
Professional Dashboard
KELTNER LIQUIDITY includes an integrated dashboard that displays important real-time information directly on the chart.
The dashboard shows:
Current Symbol and Timeframe
Calculation Mode
Keltner Channel Trend
Current Basis value
Active BSL level
Active SSL level
Most Recent Liquidity Sweep Signal
Signal price and timestamp
BUY signal conditions
SELL signal conditions
This allows traders to quickly understand the current indicator state without manually analysing every chart element.
Liquidity Zones
The indicator visually displays active liquidity zones directly on the chart.
BSL — Buy-Side Liquidity
Located above confirmed swing highs.
These areas may contain:
Stop losses from SELL positions
Buy-stop breakout orders
Liquidity resting above previous highs
SSL — Sell-Side Liquidity
Located below confirmed swing lows.
These areas may contain:
Stop losses from BUY positions
Sell-stop breakout orders
Liquidity resting below previous lows
When liquidity is swept or structurally broken, the corresponding zone is updated accordingly.
Confirmed Candle Signals
Liquidity sweep signals are generated only after the signal candle has closed.
This is important because during an unfinished candle, price may temporarily move through a liquidity level and later close beyond it.
Waiting for candle confirmation helps distinguish between:
Liquidity Sweep
Price penetrates the liquidity level but closes back inside.
and
Structural Break
Price closes decisively beyond the liquidity level.
Calculation Modes
The indicator provides two calculation approaches.
ORIGINAL Mode
Designed to preserve the original Keltner Channel and liquidity qualification behavior.
CORRECTED PIVOT Mode
Uses pivot-aligned Keltner Channel qualification for traders who prefer the liquidity level to be evaluated directly against the Keltner Channel conditions of the actual pivot candle.
This gives users flexibility between compatibility and a more structurally aligned calculation method.
Signal Buffers
The indicator provides dedicated signal buffers that can be accessed by Expert Advisors using iCustom().
Available signal outputs include:
BUY / SSL Sweep
SELL / BSL Sweep
This allows developers to integrate KELTNER LIQUIDITY signals into automated trading systems, dashboards, scanners, or alert systems.
