# Liquidity Levels/Voids (VP) Liquidity Levels/Voids (VP) evaluates traded volume between two swing points to expose both sides of the liquidity map: levels born at swing highs and lows, and voids where price jumped through on minimal volume. Unfilled areas stay marked until revisited, handing traders a running list of magnets and imbalances to trade against. - Indicator in the LuxAlgo Library, by LuxAlgo, published Aug 18, 2023. - Access: free. - Concepts: [High/low-volume Nodes](https://www.luxalgo.com/library/concept/high-low-volume-nodes/) (primary), [Volume Profile](https://www.luxalgo.com/library/concept/volume-profile/), [Liquidity Pool](https://www.luxalgo.com/library/concept/liquidity-pool/) - Open on Vela: https://vela.luxalgo.com/chart?pineScriptCodeId=cmpwn31fb0047vhsgksrdra9x - Page: https://www.luxalgo.com/library/indicator/liquidity-levels-voids-vp/ **Liquidity Levels/Voids (VP)** measures the volume traded at every price between two swing points and sorts the result into the two features that matter: liquidity levels (the swing highs and lows created by an initial supply/demand imbalance) and liquidity voids, the stretches price rushed through on minimal participation. It is the logic of [high- and low-volume nodes](https://www.luxalgo.com/library/concept/high-low-volume-nodes/) put to work as an imbalance detector. ## How to Trade the Liquidity Levels/Voids (VP)? - **Liquidity levels**: swing extremes attract stop orders as more traders key off them; a revisit tends to resolve either as a breakout through the level or a reversion back toward the mean. - **Liquidity voids**: sharp moves on low volume leave a price imbalance, and markets frequently return to retest or fill those areas, a footprint of where significant orders once moved the market. - **Filled vs unfilled**: unfilled levels and voids stay marked in their own color until price returns; filled ones can be shown in a separate color or hidden. - **Swing tooltips**: optional swing high/low labels report price, price change, and the cumulative volume between the detected swings. ## Liquidity Levels/Voids (VP) Settings - **Liquidity Levels/Voids**: color of unfilled levels and voids. - **Detection Length**: the lookback period used to find swing levels. - **Threshold %**: the cutoff that decides what qualifies as a liquidity level or void. - **Sensitivity**: how many levels are sliced between two swing points, setting each level's height for the threshold check. - **Filled Liquidity Levels/Voids**: visibility and color of filled areas. - **Mode / # Bars**: the lookback span for detection and display; # Bars applies when Mode is set to Present. - **Swing Highs/Lows**: label visibility, colors, and sizes. ## Frequently Asked Questions ### Why do liquidity voids tend to get filled? A void records a move that happened with very little trading, an imbalance rather than an agreed repricing. Markets often rotate back through such areas later, which is why unfilled voids are watched as candidate destinations for price. ### How does this compare to Liquidity Voids (FVG)? Both hunt the same phenomenon by different means. This tool derives voids from a volume evaluation between swing points, while the [Liquidity Voids (FVG) indicator](https://www.luxalgo.com/library/indicator/liquidity-voids-fvg/) infers them from fair value gaps in the price action itself, handy when you want a purely structural read. ### Where can I get Liquidity Levels/Voids (VP)? It's free on the LuxAlgo Library. Quant, our coding agent, will also run and test it for you while you stay on this page. You can also copy the source code from this page and run it anywhere Pine Script® runs. ## Related indicators - [Peak Activity Range](https://www.luxalgo.com/library/indicator/peak-activity-range/) (High/low-volume Nodes): markdown at https://www.luxalgo.com/library/indicator/peak-activity-range.md - [Liquidity Sentiment Profile](https://www.luxalgo.com/library/indicator/liquidity-sentiment-profile/) (High/low-volume Nodes): markdown at https://www.luxalgo.com/library/indicator/liquidity-sentiment-profile.md - [Volume Profile Matrix](https://www.luxalgo.com/library/indicator/volume-profile-matrix/) (High/low-volume Nodes): markdown at https://www.luxalgo.com/library/indicator/volume-profile-matrix.md - [Volume Grid Heatmap](https://www.luxalgo.com/library/indicator/volume-grid-heatmap/) (High/low-volume Nodes): markdown at https://www.luxalgo.com/library/indicator/volume-grid-heatmap.md - [Volumetric Regression Heatmap](https://www.luxalgo.com/library/indicator/volumetric-regression-heatmap/) (High/low-volume Nodes): markdown at https://www.luxalgo.com/library/indicator/volumetric-regression-heatmap.md - [Initial Balance Volume Deficit](https://www.luxalgo.com/library/indicator/initial-balance-volume-deficit/) (High/low-volume Nodes): markdown at https://www.luxalgo.com/library/indicator/initial-balance-volume-deficit.md - [Volume Profile (Maps)](https://www.luxalgo.com/library/indicator/volume-profile-maps/) (Volume Profile): markdown at https://www.luxalgo.com/library/indicator/volume-profile-maps.md - [Volume Profile Regression Channel](https://www.luxalgo.com/library/indicator/volume-profile-regression-channel/) (Volume Profile): markdown at https://www.luxalgo.com/library/indicator/volume-profile-regression-channel.md --- Source: https://www.luxalgo.com/library/indicator/liquidity-levels-voids-vp/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/