The Liquidity Shift Indicator is a market structure and liquidity analysis tool designed to identify swing-high and swing-low liquidity levels. It detects Change in State of Delivery (CISD) events, which often indicate shifts in market intent following price interactions with liquidity. The indicator automatically plots liquidity levels based on swing points and tracks when these levels are mitigated (swept or touched), with options to hide mitigated or expired levels for clearer charts.
Key functionalities include detection of bullish and bearish CISD conditions using candle state changes combined with a configurable Noise Filter to minimize false signals. It highlights strong CISD signals that occur shortly after opposing liquidity sweeps, aiding traders in spotting liquidity sweeps, structural shifts, potential reversals, and continuation setups.
Customizable inputs allow adjustment of Noise Filter sensitivity, Swing Period for swing point detection, Expiry Bars defining liquidity level duration, and Liquidity Lookback to qualify strong signals. The indicator is intended for analysis and confirmation and should be used alongside proper risk management and additional market context such as trend, volatility, and higher-timeframe levels. It supports various markets including Forex, indices, commodities, stocks, and cryptocurrencies.