OPEN-SOURCE SCRIPT
Clean Market Structures
This indicator marks out the highs and lows on the chart, allowing traders to easily follow the market structure and identify potential liquidity zones.
Highs are plotted when an up candle is followed by a down candle, marking the highest wick of that two-candle formation.
Lows are plotted when a down candle is followed by an up candle, marking the lowest wick of that two-candle formation.
These levels often act as liquidity pools, since liquidity typically rests above previous highs and below previous lows.
By highlighting these areas, the indicator helps traders visualize where price may seek liquidity and react, making it useful for structure-based and liquidity-driven trading strategies.
Highs are plotted when an up candle is followed by a down candle, marking the highest wick of that two-candle formation.
Lows are plotted when a down candle is followed by an up candle, marking the lowest wick of that two-candle formation.
These levels often act as liquidity pools, since liquidity typically rests above previous highs and below previous lows.
By highlighting these areas, the indicator helps traders visualize where price may seek liquidity and react, making it useful for structure-based and liquidity-driven trading strategies.
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.