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Liquidity Levels - PMH/PWH/PDH/HOD

927
What is it?
An indicator that tracks the main liquidity levels on TradingView, displaying the highs and lows of reference for month, week, previous day and current day.
What's it for?
It identifies price zones where there are many pending orders (liquidity). Traders use it to:

Find support and resistance points
Identify areas where price could bounce or break through
Receive alerts when price touches or breaks these levels

Which levels does it show?
LevelDescriptionColorLinePMH/PMLPrevious month's high and lowPurpleSolidPWH/PWLPrevious week's high and lowBlueSolidPDH/PDLPrevious day's high and lowOrangeSolidHOD/LODCurrent day's high and lowGrayDotted
How to use it?

Apply the indicator to your chart
Customize colors and enable/disable the levels you prefer
Set alerts to receive notifications when price touches or breaks levels
Use the levels to make trading decisions (entry, exit, stop loss)

Perfect for: Scalping, Day Trading, Swing Trading on any asset (forex, crypto, stocks)

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