OPEN-SOURCE SCRIPT
Liquidity Sweep Hunter [BigBeluga]

🔵 OVERVIEW
The Liquidity Sweep Hunter [BigBeluga] is a smart, volume-aware charting tool that automatically detects major support and resistance levels.
Unlike basic horizontal line indicators that just draw lines on every swing high or low, this script filters levels based on volume strength. It identifies the "heavy" levels where big money has clearly participated, projects them forward as active boundaries, and alerts you the exact moment price "sweeps" through them.
🔵 FEATURES
The system works by tracking the relationship between price pivots and real-time volume:
1 — Volume-Weighted Level Detection
2 — Automated Liquidity Sweep & Break Logic
🔵 HOW TO USE
This tool is designed to help you trade based on where market participants have placed their stops and orders:
🔵 NOTES
Why this implementation is unique:
The Liquidity Sweep Hunter [BigBeluga] is a smart, volume-aware charting tool that automatically detects major support and resistance levels.
Unlike basic horizontal line indicators that just draw lines on every swing high or low, this script filters levels based on volume strength. It identifies the "heavy" levels where big money has clearly participated, projects them forward as active boundaries, and alerts you the exact moment price "sweeps" through them.
🔵 FEATURES
The system works by tracking the relationship between price pivots and real-time volume:
1 — Volume-Weighted Level Detection
- Smart Pivot Filtering: The engine identifies price pivots (Length) but only confirms a level if the volume at that pivot exceeds your defined Filter threshold. This ignores "weak" pivots and keeps your focus only on high-conviction zones.
- Dynamic Intensity Engine: The indicator automatically changes the look of the lines based on volume. Levels created with higher volume activity get thicker lines (Max Line Width) and higher opacity, making them visually stand out more on your chart.
2 — Automated Liquidity Sweep & Break Logic
- Sweep Alerts (✔): When the price briefly dips below a support level (or spikes above a resistance level) and then closes back inside, the indicator plots a checkmark (✔) to identify the "liquidity sweep."
- Smart Self-Cleaning: If the price candles break directly through a support or resistance line, the indicator detects the structural breach, changes the line to a dotted style, and removes it from your active list. This keeps your chart free of outdated, broken levels.
🔵 HOW TO USE
This tool is designed to help you trade based on where market participants have placed their stops and orders:
- Identify High-Volume Anchors: Use the thick, bold lines to spot the most important support and resistance levels on your timeframe. These are the zones where the script detected significant institutional interest.
* Look for Sweep Confirmations: Watch for the (✔) checkmarks after a line is tagged. A liquidity sweep often signals that the market is grabbing "stop-loss" liquidity before reversing in the opposite direction.
* Manage Trade Exit Points: Use the lines as your target zones. Since the script automatically turns lines into "dotted" style when they are broken, you have a visual trigger to cut a position if a key structural level fails.
🔵 NOTES
Why this implementation is unique:
- It combines two powerful concepts—volume analysis and pivot structure—into a single, lightweight tool that doesn't overwhelm your chart.
- The "Dynamic Intensity" settings allow you to see at a glance which levels are mathematically the most significant based on the volume data behind them.
- It is a "self-managing" system; by automatically deleting broken levels, it ensures your screen stays clear for your actual trade execution.
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.
🌐 bigbeluga.org/tv - Get access to our powerful tools & indicators.
🔵 Learn More -> docs.bigbeluga.org/
🔵 Join Discord -> go.bigbeluga.org/k65q9bfqfu
All content provided by BigBeluga is for educational purposes only
🔵 Learn More -> docs.bigbeluga.org/
🔵 Join Discord -> go.bigbeluga.org/k65q9bfqfu
All content provided by BigBeluga is for educational purposes only
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.
🌐 bigbeluga.org/tv - Get access to our powerful tools & indicators.
🔵 Learn More -> docs.bigbeluga.org/
🔵 Join Discord -> go.bigbeluga.org/k65q9bfqfu
All content provided by BigBeluga is for educational purposes only
🔵 Learn More -> docs.bigbeluga.org/
🔵 Join Discord -> go.bigbeluga.org/k65q9bfqfu
All content provided by BigBeluga is for educational purposes only
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.