Buyside liquidity refers to areas on a chart where short sellers, or those betting on price declines, place their stop orders. Conversely, sellside liquidity denotes areas where traders expecting price increases, or long-biased traders, set their stops.
These zones frequently function as support (price floor) or resistance (price ceiling) levels, offering potential trading prospects when prices approach these points.
To enable the feature simply head over to the indicator settings.
When you are inside the SMC settings - locate the "show buyside liquidity" and make sure to check the box to see the levels.
Mitigation means that price already took out the liquidity. When you have "Remove " enabled you won't see any levels that are already been induced. When you enable "show" it will show historical levels.
The value you input determines the number of levels displayed on your chart. For example, if you input '2', you will see two levels each for buyside and sellside liquidity.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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