LIQUIDITY CASINO

LIQUIDITY CASINO

This indicator visualizes price acceptance and rejection through volume concentration using a fixed-range volume profiling approach combined with directional volume imbalance.

The purpose of the script is contextual analysis rather than prediction. It is designed to identify price levels where meaningful participation has historically occurred and to observe how price behaves when those levels are revisited.

Core methodology
Fixed-range volume profiling

The script constructs a volume profile over a user-defined range, either interactively selected or specified by a fixed number of historical bars.
Within this range, price is divided into discrete bins and traded volume is accumulated per bin to form a distribution.

Uniqueness of approach

Unlike many volume profile, supply–demand, or support–resistance indicators, this script does not rely on fixed session boundaries, pivot detection, or price-only structure. Zones are derived exclusively from relative volume concentration within a user-defined range, then further filtered by directional volume imbalance and bin continuity. This combination allows zones to represent sustained participation and directional dominance rather than isolated highs, lows, or single-bar events. As a result, the indicator focuses on where price was accepted or rejected by participation, not simply where price happened to turn, which distinguishes it from traditional profile, pivot-based, or price-action-only tools commonly available on TradingView.

Zone qualification using relative volume

Each bin’s volume is evaluated relative to the average volume per bin in the selected range.
Only clusters of consecutive bins exceeding a relative volume threshold are merged into zones.
This approach reduces the influence of isolated volume spikes and focuses on sustained participation.

Directional bias classification

• Qualified zones are further classified using directional volume imbalance:
  
• Positive imbalance indicates demand-dominant participation (BIDS).
  
• Negative imbalance indicates supply-dominant participation (ASKS).
  
• Neutral imbalance indicates balanced participation (BALANCE).
  
• This allows zones to reflect participation asymmetry, not just total traded volume.
  

Zone persistence and role reversal

Once identified, zones extend forward in time to act as reference levels.
If price fully breaks through a zone, the script automatically reclassifies it, reflecting the commonly observed behavior where prior demand can act as future supply, and vice versa.

Value Area and Point of Control

The script also calculates the Value Area High (VAH), Value Area Low (VAL), and Point of Control (POC) from the same fixed-range profile.
These levels provide additional context for price acceptance and balance within the analyzed range.

Signal logic

Signals are generated only after direct interaction with a qualified zone and are therefore reactive rather than predictive.

RECLAIM
Occurs when price trades into a demand-dominant zone and subsequently closes back above the zone boundary.
An optional EMA trend filter can be applied.

REJECT
Occurs when price trades into a supply-dominant zone and subsequently closes back below the zone boundary.
The same optional EMA trend filter may be used.

All signals depend on prior interaction with volume-defined structure.

Intended use

• This script is designed to help traders:
  
• Identify areas of high historical participation
  
• Distinguish balanced from imbalanced price regions
  
• Observe acceptance versus rejection behavior
  
• Avoid operating in low-information areas of the chart
  
• It may be applied to any market or timeframe where volume data is available.
  

Notes on design

Parameters are intentionally limited to reduce overfitting.

Calculations are range-dependent; adjusting the range changes the analytical context.

No future data is referenced.

No external data sources are required.


- youboremeoften

Disclaimer

This script is provided for educational and analytical purposes only.
It does not constitute financial advice. Always manage risk appropriately.