Algorex Liquidity Radar MT4
- Indicators
-
Daniel Schwoerer
Algorex Trading Solutions, founded 2013, based in Zürich. Rule-based trading systems, indicators and tools for futures, indices and gold, built by a trader and tested before release. - Version: 2.11
- Updated: 13 November 2026
- Activations: 10
Algorex Liquidity Radar shows where the liquidity sits in the trading day and which of it has already been taken.
Sessions as quiet zones
- Asia, London, New York AM, New York Lunch and New York PM as soft pastel zones with the session name as a watermark
- Thin vertical lines where each session starts and ends
- All times are New York time, summer time is handled automatically
Liquidity levels
- High and low of every session and of the previous day
- An open level runs to the right edge of the chart as a solid line until price takes it
- A taken level turns dotted, stops at the candle that took it and is marked with a check
- Each line starts at the candle that made the high or low
- Labels are placed automatically in free space, never on top of candles. Labels at the right edge line up in one clean column
Opening ranges (ORB)
- New York (09:30), London (03:00) and Asia (20:00), each 5, 15, 30 or 60 minutes
- ORB high, low and midpoint. The midpoint stays visible while the range is unbroken and ends when the first side is taken
- Switch each ORB on or off with one click in the panel
The panel
- Active session and countdown to its end, next session and countdown to its start
- High and low of every session, ORB and the previous day. Taken highs in green, taken lows in red, each with a check mark
- Light pastel theme or navy theme
- Panel size changeable in the panel (- / +), panel can be moved to any corner with the arrow buttons
- Optional alerts when a level is taken
Works on M1 to H1, on indices, gold, forex and futures CFDs.
Inputs
- Language (English / German)
- Panel size, position, theme, show panel
- Days of history, label style
- Broker summer time (US, EU or none)
- For each session: show zone, show levels, time window (New York time), colour
- Opening ranges: NY, London, Asia on / off and length, show ORB box, midpoint line, ORB colour
- Previous-day levels, session watermarks, session start / end lines, zone opacity
- Keep free space on the right for the level labels
- Alerts
