OPEN-SOURCE SCRIPT
HIGHS & LOWS Rusos
TITLE: HIGHS & LOWS Rusos - Multi-Timeframe Liquidity Engine
DESCRIPTION:
[ENGLISH]
HIGHS & LOWS Rusos is a professional-grade structural liquidity tool designed to identify key Highs and Lows across multiple timeframes with a smart filtering engine. This script focuses on high-probability liquidity zones while maintaining a clean and organized chart.
Key Features:
Hierarchical Priority: The script uses a "Waterfall" logic. Monthly levels take priority over Weekly, Weekly over Daily, and so on. If levels from different timeframes overlap (within a tick margin), only the higher-order level is displayed to avoid clutter.
Multi-Timeframe Tracking: Automatically plots Monthly (HM/LM), Weekly (HS/LS), Daily (HD/LD), and 4-Hour (H4h/L4h) structural points.
Precision Anchoring: Lines are drawn from the exact start of their respective cycles (Month, Week, Day), providing accurate historical context.
Dynamic Mitigation: When price touches a level, the line is cut and marked with an "×". You can fully customize the opacity of these mitigated levels in the settings to keep your focus on active liquidity.
Optimized Performance: Built-in memory management limits the number of active and historical lines to ensure smooth performance.
Technical Hierarchy:
Monthly > Weekly > Daily > 4 Hours Lower timeframe levels are automatically hidden when viewing higher timeframe charts to prevent visual artifacts.
DESCRIPTION:
[ENGLISH]
HIGHS & LOWS Rusos is a professional-grade structural liquidity tool designed to identify key Highs and Lows across multiple timeframes with a smart filtering engine. This script focuses on high-probability liquidity zones while maintaining a clean and organized chart.
Key Features:
Hierarchical Priority: The script uses a "Waterfall" logic. Monthly levels take priority over Weekly, Weekly over Daily, and so on. If levels from different timeframes overlap (within a tick margin), only the higher-order level is displayed to avoid clutter.
Multi-Timeframe Tracking: Automatically plots Monthly (HM/LM), Weekly (HS/LS), Daily (HD/LD), and 4-Hour (H4h/L4h) structural points.
Precision Anchoring: Lines are drawn from the exact start of their respective cycles (Month, Week, Day), providing accurate historical context.
Dynamic Mitigation: When price touches a level, the line is cut and marked with an "×". You can fully customize the opacity of these mitigated levels in the settings to keep your focus on active liquidity.
Optimized Performance: Built-in memory management limits the number of active and historical lines to ensure smooth performance.
Technical Hierarchy:
Monthly > Weekly > Daily > 4 Hours Lower timeframe levels are automatically hidden when viewing higher timeframe charts to prevent visual artifacts.
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.