ZynIQ Liquidity Master

Liquidity Master shows where stops are likely to rest: equal highs and lows (liquidity pools), optional single swing highs and lows, and the previous day, week and month highs and lows, with regular-hours versions for futures and stocks. It marks when a level is swept (a wick through and a close back, a swing failure or SFP) or broken (a close through), and keeps new pools coming as old ones are used.

How it works

1. Swing points. Pool swings use the internal pivot length of the profile (Intraday 3 candles each side; Scalping 2, Swing 5). A swing is confirmed that many candles after it formed.
2. Equal highs. When a new swing high is confirmed, it is compared with the last 5 remembered swing highs, newest first. It matches one if the two are within the tolerance (default 0.1 x ATR(14)) and no candle has traded above the higher of the two since the earlier one. The first match creates a pool at the higher of the two prices, drawn from the earlier swing; a further match with a swing already in an active pool adds a touch to that pool (“EQH x3”), moves it to the higher price if needed and moves its label to the newest swing. Equal lows are the mirror image at the lower price.
3. Ending a pool. On every closed candle after the pool formed: a close above a buy-side pool breaks it; a wick above with a close at or below it sweeps it (SFP). Either way the pool stops there and fades. Sell-side pools work the other way round.
4. Volume. Relative volume is the candle’s volume divided by its 20-candle average. “Mark only” (default) adds “+V” to sweeps of at least 1.5x. “Required” lets sweeps without it end the pool quietly, with no label and no alert. Symbols with no volume data always pass.
5. Session gaps. On intraday charts, a candle that opens after a time gap of more than 2 candles can break a level with its close but never counts as a sweep: the jump at a reopen is not a wick.
6. Limits. At most 5 active pools per side; a new pool over the limit removes the oldest. Ended pools: 3 kept per side, faded. A pool (or single-swing level) that has been neither swept nor broken is removed when its latest swing is more than 300 bars old (“Drop untouched pools older than”, 0 = keep it until it is swept or broken). Pools removed by the limit or by age are deleted, not kept faded.
7. Single-swing liquidity (optional). Each swing high or low of the shared swing engine (Intraday: 10 candles each side, minimum size 0.5 x ATR, the same swings Market Structure Master draws) becomes a faint dotted level unless a pool already sits within the tolerance; when a new pool forms at the price of a single-swing level, that level is removed. It ends the same way as a pool. 3 kept per side.
8. Key levels. PDH/PDL and PWH/PWL (on by default) and PMH/PML (off by default) are the high and low of the last closed daily, weekly and monthly bar (they never repaint). On CME futures the daily bar is the Globex day (18:00 to 17:00 New York). Each is hidden on charts of its own timeframe or higher. The first sweep of each level in its period is marked; after a close through it, the level counts as broken and is not marked again that period.
9. RTH levels (optional). Inside the RTH session (default 09:30 to 16:00 New York) the tool tracks the session high and low; when the session ends, they become the previous RTH high/low. The RTH week levels are the high and low of all RTH sessions of the previous week. Intraday charts only.

What you see on the chart

• EQH pools: fuchsia lines above equal highs (buy-side liquidity), labelled “EQH” (or “EQH x3” with three or more touches) at the latest swing.
• EQL pools: teal lines below equal lows (sell-side liquidity), labelled “EQL”.
• Swept pools: faded and dashed, ending at the sweep candle. Broken pools: fainter and dotted, ending at the candle that closed through.
• Single-swing levels (optional): faint dotted lines from a swing high (fuchsia) or low (teal).
• SFP labels: a small “SFP” above the candle that swept buy-side liquidity (fuchsia) or below the one that swept sell-side liquidity (teal), naming what was swept, for example “SFP EQH, PDH+V”. One label per side per candle; the latest 20 are kept.
• Key levels: stepped lines, broken at each new period. PDH/PDL thin, PWH/PWL medium, PMH/PML thick; fuchsia for highs, teal for lows. RTH levels in cyan. Each has a tag with its price just right of the last candle; levels at the same price share one tag (“PDH / PWH”).
• HUD (top right by default):
  • ZQ Liquidity: the profile and its pool/swing pivot lengths, e.g. “Intraday 3/10”.
  • Buy-side above: the nearest pool, swing high or key high above the close, with its name.
  • Sell-side below: the nearest pool, swing low or key low below the close.
  • Active pools: EQH and EQL counts.
  • Last sweep: side, what was swept, “+V” if volume confirmed, candles ago.
  • Equal tolerance: the setting and its size in price now.
  • Notes: “ok”, or “no volume data”, “RTH levels need an intraday chart”, “day levels off on this timeframe” and similar, in amber.
• Watermark: a faint “ZynIQ Liquidity” tag.

Settings

Alerts

All alerts are decided when a candle closes. Create them with Once per bar close.

For one alert with the details, choose Any alert() function call. The message lists every event of the candle with the levels, the candle’s high or low and whether volume confirmed it, rounded to the tick, for example ZQ Liquidity | MNQ1! 5 | Buy-side pool 21512.25 swept (SFP), high 21515.00, volume confirmed | Key level swept above: high 21515.00, PDH 21510.50 | close 21503.75.

Set it up for your market

How to use it

• Treat pools as magnets, not walls: price often runs to equal highs or lows before turning. Avoid entering straight into an obvious pool; wait to see how price reacts there.
• A sweep (SFP) of a pool or a key level, especially with “+V” and back inside a range, is a classic reversal clue. A break (close through) suggests continuation towards the next pool.
• Use the HUD’s buy-side above and sell-side below as the next likely targets on each side.
• Common mistakes: shorting every sweep in a strong uptrend; using 1-minute pools against higher-timeframe structure; setting the tolerance so loose that every pair of highs looks equal.
• Pairs with ZynIQ Market Structure Master (a sweep followed by a CHoCH is a common reversal sequence; the swings match), ZynIQ Order Block Master (it marks sweeps beside each block) and ZynIQ FVG Master.

Good to know

• Confirmation delay. A pool forms when its second swing is confirmed, pool pivot length candles after that swing (Intraday: 3). Single-swing levels appear swing length candles after the swing (Intraday: 10). Sweeps and breaks are decided at the close of the candle, with no further delay.
• Key levels never repaint: they come from the last closed daily, weekly or monthly bar.
• One sweep per key level per period. Later pokes through the same level that day (week, month) are not marked again.
• Drawing limits. Up to 500 lines and 500 labels; with the defaults the tool uses fewer than 60. Old swept and broken pools are removed as new ones end (setting).
• Old pools are dropped. With the default 300 bars, an untouched pool disappears about 25 hours after its latest swing on a 5-minute chart (5 hours on a 1-minute chart). Raise “Drop untouched pools older than” (or set 0) to keep older pools; they can sit far from price and compress the chart.
• No-volume symbols (SPX, NDX, DXY, some forex and CFD feeds): sweeps pass the volume check; the HUD says “no volume data”.
• Indicator count. Each ZynIQ tool counts as one indicator towards your TradingView plan’s limit.
• A liquidity level is a likely stop area, not a promise that price will go there or turn there.

Version 3 changes

• Equal highs and lows actually detected. In v2 the last swing was overwritten before the comparison, so every swing was compared with itself: no real equal-level detection, and the threshold did nothing. v3 compares each new swing with up to the last 5 earlier swings of its kind (setting), before remembering it, and only with swings price has not traded beyond since.
• Tolerance that suits every market. v2 used 0.05% of price (about 10 points on MNQ, far too loose). v3 uses 0.1 x ATR by default, or a number of ticks.
• Pools end, new pools keep appearing. v2 never removed a pool, so after the first 10 per side (deep in history) no new pool was ever drawn, and old lines produced false SFPs whenever a later candle opened above and closed below them. In v3 a pool ends when it is swept or broken, ended pools fade (3 kept per side), and at most 5 active pools per side are kept, the oldest dropped first. An untouched pool whose latest swing is more than 300 bars old is removed (setting), so old levels far from price no longer squash the price scale.
• Sweep versus break. A wick through and close back is a sweep (SFP); a close through is a break. Each ends the pool, with its own style and alert.
• Volume confirmation for sweeps, as v2’s header promised but never did: sweeps with relative volume of at least 1.5x get “+V”, or can be required. Symbols without volume always pass.
• Single-swing liquidity (optional): unmatched swing highs and lows from the same swing engine as Market Structure Master, in a fainter style.
• Previous month high/low (off by default) and regular-hours (RTH) levels for futures and stocks: the previous RTH session’s high/low and last week’s RTH high/low, with a session and time-zone setting, alongside the standard levels.
• Sweep alerts for PDH, PDL, PWH and PWL (and one for the month and RTH levels), not only for pools.
• Correct names. Liquidity above highs is buy-side, below lows is sell-side (v2 had them the wrong way round).
• HUD: the nearest buy-side liquidity above price and sell-side below (pools, swings and key levels), active pools, the last sweep and the tolerance in price terms.
• Non-repainting (closed candles only), tick-rounded prices, session-gap handling, ZynIQ and Classic colour themes.