Voidstrategy

Smart Money Flow SMC Liquidity Voids Edition This script is based on "Smart Money Concepts " © LuxAlgo Licensed under CC BY-NC-SA 4.0 Original: ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ WHAT'S NEW IN THIS VERSION ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🔷 Liquidity Voids Module (new) Detects price gaps larger than a configurable ATR(144) threshold and renders each void as 13 stacked gradient sub-boxes. Each void tracks its own filled/unfilled state — when price trades through it, the boxes transition to a neutral color or are removed depending on your preference. Supports Historical and Present modes with adjustable lookback depth. 🔷 Configurable OB Fill Transparency (new) A dedicated input decouples the Order Block fill opacity from the border opacity. This solves the washed-out OB appearance common on dark themes — you can keep a sharp border while using a subtle fill, or go fully solid, all without touching the color pickers. 🔷 Pine Script v6 Full Migration (new) All drawing calls updated to the chart.point.new() API. UDT fields use explicit types throughout. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ORIGINAL FEATURES (LuxAlgo engine) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ - Break of Structure (BOS) and Change of Character (CHoCH) on both Internal and Swing timeframes - Internal and Swing Order Blocks with mitigation tracking - Equal Highs / Equal Lows detection - Fair Value Gaps with auto threshold - Strong High / Weak High — Strong Low / Weak Low - Premium, Equilibrium and Discount Zones - Multi-timeframe Daily, Weekly and Monthly levels - Colored candles by trend bias - Historical and Present display modes - Monochrome style option ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ HOW TO USE — LIQUIDITY VOIDS ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Liquidity Voids mark areas where price moved so fast that little to no trading occurred. These zones often act as targets for future price revisits, similar to Fair Value Gaps but detected via a gap-based method rather than a three-candle imbalance pattern. - Threshold: increase to show only large voids, decrease for more. - Historical mode: scans all bars up to # Bars back. - Present mode: only tracks voids forming in real time. - Show Filled Voids: keep filled zones visible (grayed out) or remove them completely when price trades through.

Indicator

by fabricionicolauxx

Liquidity Void Detector (Zeiierman)█ Overview Liquidity Void Detector (Zeiierman) is an oscillator highlighting inefficient price displacements under low participation. It measures the most recent price move (standardized return) and amplifies it only when volume is below its own trend. Positive readings ⇒ strong up-move on low volume → potential Buy-Side Imbalance (void below) that often refills. Negative readings ⇒ strong down-move on low volume → potential Sell-Side Imbalance (void above) that often refills. This tool provides a quantitative “void” proxy: when price travels far with unusually thin volume, the move is flagged as likely inefficient and prone to mean-reversion/mitigation. █ How It Works ⚪ Volume Shock (Participation Filter) Each bar, volume is compared to a rolling baseline. This is then z-scored. // Volume Shock calculation volTrend = ta.sma(volume, L) vs = (volume > 0 and volTrend > 0) ? math.log(volume) - math.log(volTrend) : na vsZ = zScore(vs, vzLen) // z-scored volume shock lowVS = (vsZ <= vzThr) // low-volume condition Bars with VolShock Z ≤ threshold are treated as low-volume (thin). ⚪ Prior Return Extremeness The 1-bar log return is computed and z-scored. // Prior return extremeness r1 = math.log(close / close ) retZ = zScore(r1, rLen) // z-scored prior return This shows whether the latest move is unusually large relative to recent history. ⚪ Void Oscillator The oscillator is: // Oscillator construction weight = lowVS ? 1.0 : fadeNoLow osc = retZ * weight where Weight = 1 when volume is low, otherwise fades toward a user-set factor (0–1). Osc > 0: up-move emphasized under low volume ⇒ Buy-Side Imbalance. Osc < 0: down-move emphasized under low volume ⇒ Sell-Side Imbalance. █ Why Use It ⚪ Targets Inefficient Moves By filtering for low participation, the oscillator focuses on moves most likely driven by thin books/noise trading, which are statistically more likely to retrace. ⚪ Simple, Robust Logic No need for tick data or order-book depth. It derives a practical void proxy from OHLCV, making it portable across assets and timeframes. ⚪ Complements Price-Action Tools Use alongside FVG/imbalance zones, key levels, and volume profile to prioritize voids that carry the highest reversal probability. █ How to Use Sell-Side Imbalance = aggressive sell move (price goes down on low volume) → expect price to move up to fill it. Buy-Side Imbalance = aggressive buy move (price goes up on low volume) → expect price to move down to fill it. █ Settings Volume Baseline Length — Bars for the volume trend used in VolShock. Larger = smoother baseline, fewer low-volume flags. Vol Shock Z-Score Lookback — Bars to standardize VolShock; larger = smoother, fewer extremes. Low-Volume Threshold (VolShock Z ≤) — Defines “thin participation.” Typical: −0.5 to −1.0. Return Z-Score Lookback — Bars to standardize the 1-bar log return; larger = smoother “extremeness” measure. Fade When Volume Not Low (0–1) — Weight applied when volume is not low. 0.00 = ignore non-low-volume bars entirely. 1.00 = treat volume condition as irrelevant (pure return extremeness). Upper Threshold (Osc ≥) — Trigger for Sell-Side Imbalance (void below). Lower Threshold (Osc ≤) — Trigger for Buy-Side Imbalance (void above). ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

Indicator

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