ICT HTF Liquidity Levels /w Alert [MsF]

The ICT HTF Liquidity Levels /w Alert [MsF] indicator is a multi-functional analysis tool designed to visualize high-timeframe liquidity pools while identifying market structure shifts and significant price displacements. It aims to provide traders with real-time insights into stop-hunting zones and institutional price action patterns across multiple timeframes.

Usage

The indicator provides a comprehensive view of market dynamics through three primary features:

• HTF Liquidity Visualization: The tool automatically plots liquidity levels from Daily, Weekly, Monthly, H1, and H4 timeframes. These levels represent areas where stop losses are likely clustered. When price reaches a line, it is considered "purged." The script can be configured to keep these purged lines visible or hide them to maintain chart cleanliness.
• Displacement & FVG Detection: This feature changes the color of candlesticks when a significant price move (displacement) occurs. By enabling the "Require FVG" option, the indicator will only highlight bars that result in a Fair Value Gap, helping traders identify high-probability entry setups.
• Market Structure Break (MSB): The tool identifies high and low points over a user-defined period to display structural breaks. This is essential for identifying Break of Structure (BoS) or Change of Character (CHoCH) patterns.

Details

The script is built to optimize visual clarity by limiting the display to the three most recent liquidity lines per timeframe. The liquidity detection mechanism identifies HTF bars and projects their highs and lows as potential liquidity pools.

The displacement logic uses standard deviation to calculate the relative strength of a move. Traders can choose between measuring displacement from "Open to Close" or "High to Low." When a move exceeds the specified "Displacement Strength" (standard deviation multiplier), the candle color is updated. The MSB functionality uses a pivot-based approach, allowing users to choose between candle wicks or bodies for identifying structural shifts.

Settings

HTF / Intraday Liquidity

• Daily/Weekly/Monthly/1H/4H: Toggle the visibility, color, and line width for each specific high-timeframe liquidity level.
• Max number of lines: Sets the limit for how many recent liquidity levels are displayed per timeframe (default is 3).

Purged Liquidity

• Show Purge (Timeframe): Individual toggles to show or hide levels that have already been touched by price.
• Style/Color: Customize the appearance of purged levels (e.g., dashed or dotted lines).
• Clean Up: A timeframe setting to determine when the script should remove old purged lines from the chart.

Market Structure Break (MSB)

• Show MSB: Toggle the visibility of structure break lines.
• Pivot Method: Choose whether to calculate structural points based on Candle Wicks or Candle Bodies.
• Sensitivity: Adjust the lookback period for identifying pivots.

Displacement for FVG

• Show Displacement: Enable candle coloring for strong price moves.
• Require FVG: If enabled, candles will only change color if they create a Fair Value Gap.
• Displacement Type: Selection between "Open to Close" or "High to Low" calculations.
• Displacement Strength: A multiplier for the standard deviation; higher values require more volatile moves to trigger a highlight.

FAQ

How do I interpret the liquidity lines? The solid lines represent untapped liquidity pools. When price crosses these lines, the liquidity is "purged," often indicating a potential reversal or a continuation after a stop-run.

What is the difference between the Displacement types? "Open to Close" focuses on the strength of the candle body, whereas "High to Low" considers the entire range of the candle including the wicks.

How can I access the ICT HTF Liquidity Levels /w Alert [MsF]? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.