The top free indicator on TradingView for this strategy is Smart Money Concepts [LuxAlgo]. It is completely free, open-source, and has the highest community rating.
Top Free Options on TradingView
- Smart Money Concepts [LuxAlgo]: Best overall all-in-one indicator.
- Liquidity Swabs & Swings [LuxAlgo]: Focuses strictly on liquidity sweeps.
- Smart Money Concepts [TFO]: Excellent for clean, customizable visuals.
Key Settings to Turn On
- Equal Highs/Lows (EQH/EQL): Highlights where mass retail stop-losses sit.
- Liquidity Cleared/Swept: Marks the exact candles that took out liquidity.
- Internal Structure: Helps track liquidity targets on lower timeframes.
If you want to start charting, let me know:
- What timeframe do you usually trade (e.g., 5m, 1h, Daily)?
- Do you want to see Fair Value Gaps (FVGs) alongside liquidity?
I can give you a quick checklist for setting up your chosen indicator.
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