OPEN-SOURCE SCRIPT
Elaris Liquidity Zones Pro
# Elaris Liquidity Zones Pro
Liquidity-Based Market Structure & Price Zone Visualization
Elaris Liquidity Zones Pro is a charting tool designed to help traders visualize liquidity-oriented price areas and market structure behavior.
Rather than using only traditional support and resistance concepts, the indicator focuses on swing structures, equal highs/lows, and liquidity-style reactions that may become relevant during price movement.
The goal is to provide additional market context in a clean and structured way.
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## Features
### Adaptive Liquidity Zones
* Detects swing-based price areas automatically
* Uses volatility-aware calculations for dynamic zones
* Displays potential buy-side and sell-side liquidity regions
### Equal High / Equal Low Detection
* Highlights clustered highs and lows
* Includes tolerance filtering to reduce insignificant levels
* Helps visualize areas where liquidity may accumulate
### Liquidity Sweep Detection
* Detects potential sweep behavior around key levels
* Highlights rejection-style reactions after liquidity grabs
* Can assist with identifying shifts in short-term momentum
### Dynamic Zone States
Zones update based on price interaction:
* Fresh
* Tested
* Swept
* Invalidated
This helps traders monitor how price responds to previously identified areas.
### Strength Filtering
* Filters weaker zones using structural conditions
* Designed to reduce unnecessary chart noise
* Allows focus on more relevant levels
### Visual Customization
* Box-style zone visualization
* Optional midpoint lines
* Minimal labeling for cleaner charts
### Alerts
Available alerts include:
* Liquidity zone touch
* Sweep detection
* Zone invalidation
Useful for both active chart monitoring and alert-based workflows.
---
## Example Use Cases
* Studying market structure behavior
* Monitoring equal highs and lows
* Identifying potential liquidity sweeps
* Adding context to support/resistance analysis
* Improving chart organization and trade planning
---
## Notes
This script is intended as a market structure and liquidity visualization tool. It does not predict future price movement and should be used alongside a trader’s own analysis and risk management.
---
## Disclaimer
This indicator is provided for educational and informational purposes only and does not constitute financial advice.
Liquidity-Based Market Structure & Price Zone Visualization
Elaris Liquidity Zones Pro is a charting tool designed to help traders visualize liquidity-oriented price areas and market structure behavior.
Rather than using only traditional support and resistance concepts, the indicator focuses on swing structures, equal highs/lows, and liquidity-style reactions that may become relevant during price movement.
The goal is to provide additional market context in a clean and structured way.
---
## Features
### Adaptive Liquidity Zones
* Detects swing-based price areas automatically
* Uses volatility-aware calculations for dynamic zones
* Displays potential buy-side and sell-side liquidity regions
### Equal High / Equal Low Detection
* Highlights clustered highs and lows
* Includes tolerance filtering to reduce insignificant levels
* Helps visualize areas where liquidity may accumulate
### Liquidity Sweep Detection
* Detects potential sweep behavior around key levels
* Highlights rejection-style reactions after liquidity grabs
* Can assist with identifying shifts in short-term momentum
### Dynamic Zone States
Zones update based on price interaction:
* Fresh
* Tested
* Swept
* Invalidated
This helps traders monitor how price responds to previously identified areas.
### Strength Filtering
* Filters weaker zones using structural conditions
* Designed to reduce unnecessary chart noise
* Allows focus on more relevant levels
### Visual Customization
* Box-style zone visualization
* Optional midpoint lines
* Minimal labeling for cleaner charts
### Alerts
Available alerts include:
* Liquidity zone touch
* Sweep detection
* Zone invalidation
Useful for both active chart monitoring and alert-based workflows.
---
## Example Use Cases
* Studying market structure behavior
* Monitoring equal highs and lows
* Identifying potential liquidity sweeps
* Adding context to support/resistance analysis
* Improving chart organization and trade planning
---
## Notes
This script is intended as a market structure and liquidity visualization tool. It does not predict future price movement and should be used alongside a trader’s own analysis and risk management.
---
## Disclaimer
This indicator is provided for educational and informational purposes only and does not constitute financial advice.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.