Liquidity Heatmap [MTF] - Volume Delta [PhenLabs]Liquidity Heatmap — Volume Delta
Version: PineScript™ v6
📌 Description
The PhenLabs Liquidity Heatmap — Volume Delta is an advanced, anti-clutter volume and order flow analysis tool. It calculates and visualizes a single composite profile by merging Volume and Delta data across up to four distinct timeframes simultaneously. By isolating the Point of Control (PoC) and Delta-PoC, this indicator helps traders pinpoint high-probability liquidity zones, accumulation/distribution nodes, and critical support/resistance levels without overwhelming the chart with overlapping profiles.
🚀 Points of Innovation
Single Composite Profile: Merges multiple timeframe profiles into one clean, unified heatmap, drastically reducing chart clutter.
Integrated Delta Analysis: Evaluates intrabar buying and selling pressure to locate the Delta-PoC, revealing where institutional aggression is concentrated.
Automated MTF Confluence: Detects and highlights overlapping liquidity zones across different timeframes based on customizable tolerance percentages.
🔧 Core Components
Bin Computation Engine: Divides price action into a user-defined number of price bins, aggregating both total volume and delta over a specified lookback period.
MTF Data Aggregation: Utilizes advanced security requests to fetch bin data from up to four different timeframes (e.g., 1m, 15m, 1H, 4H) without repainting.
State Tracking: Monitors the shift in PoC and Delta-PoC to detect bias flips and momentum changes.
🔥 Key Features
Dynamic Dashboard: An interactive on-chart table displays current PoC, Delta-PoC, directional bias, and structural flips for each active timeframe.
Actionable Signals: Automatically plots on-chart labels for PoC Breakouts (▲/▼) and Delta Reversals (Δ↑/Δ↓) to highlight immediate trade opportunities.
Accumulation/Distribution Tinting: Visually labels volume nodes to quickly identify where buyers or sellers are trapped.
Customizable Cutoffs: Includes a volume cutoff filter to hide insignificant price bins and maintain visual clarity.
🎨 Visualization
Shaded Heatmap Bins: Projects volume nodes directly onto the price axis.
Precision Lines: Clearly plots the PoC and Delta-PoC levels for precise entry and exit targeting.
On-Chart Labels: Minimalist signal tags keep the focus on price action while alerting to structural shifts.
📖 Usage Guidelines
Lookback & Bins: Adjust the lookback bars (default 200) and price bins (default 50) based on your chart's volatility. Fewer bins provide a cleaner look.
Timeframes: Enable up to three additional higher timeframes to build a comprehensive view of macro liquidity.
Volume Cutoff: Increase the cutoff percentage to hide thin, irrelevant volume nodes and focus solely on high-value areas.
✅ Best Use Cases
Liquidity Sweeps: Watch for price to pierce the composite PoC or Delta-PoC and reject, signaling a successful liquidity sweep.
Trend Continuation: Enter trades in the direction of the macro bias when lower timeframe Delta Reversal signals align with higher timeframe PoCs.
Breakout Trading: Capitalize on explosive moves when price definitively breaks and holds outside a clustered MTF confluence zone.
💡 Note
This indicator is optimized for lower timeframes acting as the base chart, with higher timeframes providing the macro structural data. Always use this tool in conjunction with price action analysis and broader market context.
Indicateur Pine Script®






















