LIQUIDITY HEATMAP Trading Guide

The Liquidity HeatMap is a quantitative technical analysis tool. Liquidity HeatMap Indicator Based on BigBeluga Pine Script Each zone has its own liquidity value (volume-based strength).

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• Lookback Bars (barsLookback): Controls the calculation period and sensitivity for market detection.
• Min Zone Strength % (filterPct): Controls the calculation period and sensitivity for market detection.
• ATR Period (atrPeriod): Controls the calculation period and sensitivity for market detection.
• Pivot Index (pivotIndex): Controls the calculation period and sensitivity for market detection.
• Show Table (showTable): Controls the calculation period and sensitivity for market detection.
• Table X (from right) (tableXOffset): Controls the calculation period and sensitivity for market detection.
• Table Y (% from top) (tableYOffset): Controls the calculation period and sensitivity for market detection.
• Use Candle Limit (useCandleLimit): Controls the calculation period and sensitivity for market detection.
• Candle Limit (bars) (candleLimit): Controls the calculation period and sensitivity for market detection.
• Liq Above (liquidityAbove): Controls the calculation period and sensitivity for market detection.
• Liq Below (liquidityBelow): Controls the calculation period and sensitivity for market detection.
• Liq Ratio (liquidityRatio): Controls the calculation period and sensitivity for market detection.
• Diff (liquidityImbalance): Controls the calculation period and sensitivity for market detection.
• High Zones (activeHighZones): Controls the calculation period and sensitivity for market detection.
• Low Zones (activeLowZones): Controls the calculation period and sensitivity for market detection.
• Strongest Above % (strongestAboveStrength): Controls the calculation period and sensitivity for market detection.
• Strongest Below % (strongestBelowStrength): Controls the calculation period and sensitivity for market detection.
• Dist High % (distToNearestHigh): Controls the calculation period and sensitivity for market detection.
• Dist Low % (distToNearestLow): Controls the calculation period and sensitivity for market detection.
• New High Zone (newHighZone): Controls the calculation period and sensitivity for market detection.
• New Low Zone (newLowZone): Controls the calculation period and sensitivity for market detection.
• High Zone Swept (highZoneSwept): Controls the calculation period and sensitivity for market detection.
• Low Zone Swept (lowZoneSwept): Controls the calculation period and sensitivity for market detection.
• Total Liquidity Above (liquidityAbove): Controls the calculation period and sensitivity for market detection.
• Total Liquidity Below (liquidityBelow): Controls the calculation period and sensitivity for market detection.
• Liquidity Ratio (Above/Below) (liquidityRatio): Controls the calculation period and sensitivity for market detection.
• Diff (liquidityImbalance): Controls the calculation period and sensitivity for market detection.
• Active High Zones (activeHighZones): Controls the calculation period and sensitivity for market detection.
• Active Low Zones (activeLowZones): Controls the calculation period and sensitivity for market detection.
• Total Active Zones (totalActiveZones): Controls the calculation period and sensitivity for market detection.
• Strongest Above % (strongestAboveStrength): Controls the calculation period and sensitivity for market detection.
• Strongest Below % (strongestBelowStrength): Controls the calculation period and sensitivity for market detection.
• Nearest High Zone (nearestHighZone): Controls the calculation period and sensitivity for market detection.
• Nearest Low Zone (nearestLowZone): Controls the calculation period and sensitivity for market detection.
• Distance to High % (distToNearestHigh): Controls the calculation period and sensitivity for market detection.
• Distance to Low % (distToNearestLow): Controls the calculation period and sensitivity for market detection.
• Price In High Zone (priceInHighZone): Controls the calculation period and sensitivity for market detection.
• Price In Low Zone (priceInLowZone): Controls the calculation period and sensitivity for market detection.
• Touched High Zone (touchedHighZone): Controls the calculation period and sensitivity for market detection.
• Touched Low Zone (touchedLowZone): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• newHighZone - New High Zone event signal.
• newLowZone - New Low Zone event signal.
• highZoneSwept - High Zone Swept event signal.
• lowZoneSwept - Low Zone Swept event signal.
• priceInHighZone - Price In High Zone event signal.
• priceInLowZone - Price In Low Zone event signal.
• touchedHighZone - Touched High Zone event signal.
• touchedLowZone - Touched Low Zone event signal.

2. Filters and Trade Levels

• barsLookback - Lookback Bars value used for structural qualification or thresholds.
• filterPct - Min Zone Strength % value used for structural qualification or thresholds.
• atrPeriod - ATR Period value used for structural qualification or thresholds.
• pivotIndex - Pivot Index value used for structural qualification or thresholds.
• showTable - Show Table value used for structural qualification or thresholds.
• tableXOffset - Table X (from right) value used for structural qualification or thresholds.
• tableYOffset - Table Y (% from top) value used for structural qualification or thresholds.
• useCandleLimit - Use Candle Limit value used for structural qualification or thresholds.
• candleLimit - Candle Limit (bars) value used for structural qualification or thresholds.
• liquidityAbove - Liq Above value used for structural qualification or thresholds.
• liquidityBelow - Liq Below value used for structural qualification or thresholds.
• liquidityRatio - Liq Ratio value used for structural qualification or thresholds.
• liquidityImbalance - Diff value used for structural qualification or thresholds.
• activeHighZones - High Zones value used for structural qualification or thresholds.
• activeLowZones - Low Zones value used for structural qualification or thresholds.
• strongestAboveStrength - Strongest Above % value used for structural qualification or thresholds.
• strongestBelowStrength - Strongest Below % value used for structural qualification or thresholds.
• distToNearestHigh - Dist High % value used for structural qualification or thresholds.
• distToNearestLow - Dist Low % value used for structural qualification or thresholds.
• liquidityAbove - Total Liquidity Above value used for structural qualification or thresholds.
• liquidityBelow - Total Liquidity Below value used for structural qualification or thresholds.
• liquidityRatio - Liquidity Ratio (Above/Below) value used for structural qualification or thresholds.
• liquidityImbalance - Diff value used for structural qualification or thresholds.
• activeHighZones - Active High Zones value used for structural qualification or thresholds.
• activeLowZones - Active Low Zones value used for structural qualification or thresholds.
• totalActiveZones - Total Active Zones value used for structural qualification or thresholds.
• strongestAboveStrength - Strongest Above % value used for structural qualification or thresholds.
• strongestBelowStrength - Strongest Below % value used for structural qualification or thresholds.
• nearestHighZone - Nearest High Zone value used for structural qualification or thresholds.
• nearestLowZone - Nearest Low Zone value used for structural qualification or thresholds.
• distToNearestHigh - Distance to High % value used for structural qualification or thresholds.
• distToNearestLow - Distance to Low % value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.