PROTECTED SOURCE SCRIPT
Updated Best Liquidity Indicator v0.6.3
Best Liquidity Indicator (BLI)
BLI maps where liquidity typically sits—and when it gets taken. It automatically draws:
BLI maps where liquidity typically sits—and when it gets taken. It automatically draws:
- Sell-side liquidity (SSL) levels and Buy-side liquidity (BSL) levels
- Liquidity grabs when price runs a level
- Ex-liquidity (invalidated/older grabs) to show the evolving path of least resistance
- (Optional) Liquidity Rails: continuous, flat “stairs” that follow only active liquidity levels to give you a smooth, higher-level read of the market’s liquidity envelope
- (Optional) the same logic from a higher timeframe (e.g., 4H) overlaid on your current chart
Release Notes
- Fixed issues preventing HTF liquidity levels from showing on the chart.
- Made Improvements to the Liquidity rail lines. (Further improvements to come in next version.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.