Hi, so here is the update to version 2...What can it do?......First, I would set up the key zones and session times... then I’d play around with the other things...
Liquidity Zones
Automatically identifies swing highs/lows and draws zones based on them (red = liquidity UP, blue = liquidity DOWN - no good for you? set Label_Shows_Expected- false).
A zone ends when it is breached (by a wick or a candle close – configurable).
Optionally displays zones that have already been breached.
Zone Scoring (0–100)
Assigns a score to each zone based on a combination of: swing volume (RVOL), volume profile, and money flow (MFI).
Categorizes zones into KEY, standard, and WEAK (weak zones can be hidden).
Key zones are highlighted with a distinct color and a gold outline.
EQH / EQL
Detects equal levels (Equal Highs / Equal Lows) within a specified tolerance and marks them with an orange band.
BOS / CHoCH + Order Blocks
Tracks market structure: Break of Structure (BOS) and Change of Character (CHoCH).
Creates an Order Block (the last opposing candle before an impulsive move) upon a break of structure.
Monitors Order Block mitigation and the initial retest (includes alerts).
FVG
Displays unfilled FVGs as a subtle dotted outline; filled FVGs can also be shown (optional).
Volume Profile
Calculates the POC (Point of Control) and Value Area (VAH/VAL).
Optionally draws the profile histogram to the right of the chart.
Key Liquidity Levels
PDH/PDL (Previous Day High/Low), PWH/PWL (Previous Week High/Low).
Highs/Lows of the most recent Asian and London sessions (on charts up to the H1 timeframe).
Alerts triggered when these levels are swept.
Premium / Discount
Calculates the 50% equilibrium of the most recent swing and indicates whether the price is in a premium or discount zone.
Sweep Detection + Alerts
Distinguishes between a sweep (a price pierce followed by a reversal) and a genuine breakout.
Alerts for: zone sweeps, breakouts, BOS/CHoCH, OB (Order Block) retests, entry into KEY zones, and sweeps of key liquidity levels.
Notification channels: pop-up, push notification, e-mail, and sound.
Sweep Statistics
Evaluates the performance of sweeps occurring at KEY zones versus those elsewhere (success = a price movement of one ATR in the expected direction).
Displays the success rate (as a percentage) directly within the panel.
Dashboard
Current trend and the most recent market structure break.
The latest sweep and the expected direction.
The nearest zone above/below the current price (including distance in ATR).
Number of KEY zones above/below the current price.
Current price location (Zone / OB / FVG).
Position relative to the Volume Profile and Premium/Discount zones.
Nearest key levels. Success rate statistics.
MTF
Calculations can be performed based on a higher timeframe than the one currently displayed on the chart (Multi-Timeframe).