Liquidity Finder Levels Indicator (ICT) for MT5 Download — Free — [Trading Finder]

The Liquidity Finder Indicator (LF) is a specialized tool for the MetaTrader 5 (MT5) platform, designed to assist traders in identifying liquidity levels based on Inner Circle Trader (ICT) and Smart Money concepts.

💎source :

https://tradingfinder.com/products/indicators/mt5/liquidity-finder-free-download/

💎free indicator download:

https://cdn.tradingfinder.com/file/247865/liquidity-finder-mt5-by-tflab-v1-2.zip

💰 It achieves this by plotting dynamic and static trend lines directly on the chart, thereby highlighting potential liquidity pools

Key Features

• Indicator Categories: ICT, Smart Money, Liquidity
• Platforms: MetaTrader 5
• Trading Skills: Intermediate
• Indicator Types: Breakout, Leading, Momentum
• TimeFrames: M1, M5, M15, M30, H1, H4
• Trading Styles: Scalper, Intraday, Day Trading
• Trading Instruments: Forex, Crypto, Stocks

Functionality

The LF Indicator employs two types of trend lines:

• Dynamic Trend Lines: These adjust in real-time to reflect current price movements.
• Static Trend Lines: These highlight liquidity zones, often forming double-top or double-bottom patterns.

In this context, blue trend lines represent liquidity highs, while red lines indicate liquidity lows

Practical Application

Liquidity Collection at the Highs

In a 4-hour chart of Gold (XAUUSD), the LF indicator identified liquidity levels at the highs, forming a double-top pattern around the price of 2306.93. After a subsequent drop and liquidity collection at the lows, the market moved upward, surpassing the 2335.69 price level, thereby initiating an upward trend.

Liquidity Collection at the Lows

On a 1-hour chart of USD/CHF, the LF indicator displayed liquidity lows, indicating areas where market liquidity had accumulated. This information assists traders in understanding potential market movements aimed at collecting this liquidity.

✨Indicator Settings

The LF Indicator offers a range of customizable settings:

• Static Liquidity Line Sensitivity: Adjusts the sensitivity for detecting static liquidity lines.
• Dynamic Liquidity Line Sensitivity: Adjusts the sensitivity for detecting dynamic liquidity lines.
• Static Period Pivot: Defines the period for static pivot calculations.
• Dynamic Period Pivot: Defines the period for dynamic pivot calculations.
• Show Static High Liquidity Line: Option to display static high liquidity lines.
• Static High Liquidity Line Color: Customizes the color of static high liquidity lines.
• Static High Liquidity Line Style: Customizes the style of static high liquidity lines.
• Show Static Low Liquidity Line: Option to display static low liquidity lines.
• Static Low Liquidity Line Color: Customizes the color of static low liquidity lines.
• Static Low Liquidity Line Style: Customizes the style of static low liquidity lines.
• Show Dynamic High Liquidity Line: Option to display dynamic high liquidity lines.
• Dynamic High Liquidity Line Color: Customizes the color of dynamic high liquidity lines.
• Dynamic High Liquidity Line Style: Customizes the style of dynamic high liquidity lines.
• Show Dynamic Low Liquidity Line: Option to display dynamic low liquidity lines.
• Dynamic Low Liquidity Line Color: Customizes the color of dynamic low liquidity lines.
• Dynamic Low Liquidity Line Style: Customizes the style of dynamic low liquidity lines.

These settings enable traders to tailor the indicator to their specific trading strategies and preferences.

Summary

The Liquidity Finder Indicator (LF) is a valuable tool for traders utilizing ICT and Smart Money methodologies. By effectively identifying liquidity zones, it enhances trading decisions and strategies.

FAQs

❓What areas does the LF indicator display?

The LF indicator displays market order ranges and liquidity areas on the chart, assisting traders in identifying potential liquidity pools.

❓Is the Liquidity Finder indicator suitable for all traders?

Yes, while the LF indicator is suitable for all traders, it is particularly beneficial for those who follow ICT and Smart Money trading styles.