Answer This?

A liquidity break is a round-trip ticket.

Let’s mark up first the To legs with a thick line. They must exceed 93 pips in length.

What can be said about the From legs? They engulf the entire To trip and do so within 2 days.



////looking for liquidity breaks "/\"
if (i>2 && Low[i]<Low[i+1] && Low[i]<Low[i+3] && Low[i]<Low[i-1])
{
  j=i-2;  
  if (iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,j))-Low[i]>930*Point  && High[j-1]<High[j]){ 
         ObjectCreate("Liquidityx"+i,OBJ_TREND,0,Time[i],Low[i],Time[iHighest(symbol,0,MODE_HIGH,2,j)],iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,j)));
         ObjectSetInteger(0,"Liquidityx"+i,OBJPROP_RAY_RIGHT,false);
         ObjectSet("Liquidityx"+i,OBJPROP_COLOR,clrMediumSlateBlue);
         ObjectSet("Liquidityx"+i,OBJPROP_WIDTH,9); 
         ObjectSet("Liquidityx"+i,OBJPROP_BACK,1); 
         
  
   if ((j>=1 && Low[j-1]==iLow(symbol,0,iLowest(symbol,0,MODE_LOW,5,j-1))) || (j>=2 && Low[j-2]==iLow(symbol,0,iLowest(symbol,0,MODE_LOW,5,j-2)))){ 
     if (j>=1) k=j-1;    
         if (Low[k+1]<Low[i]) ObjectCreate("Liquidityy"+j,OBJ_TREND,0,Time[iHighest(symbol,0,MODE_HIGH,2,j)],iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,j)),Time[iLowest(symbol,0,MODE_LOW,2,k+1)],iLow(symbol,0,iLowest(symbol,0,MODE_LOW,5,k)));
         else ObjectCreate("Liquidityy"+j,OBJ_TREND,0,Time[iHighest(symbol,0,MODE_HIGH,2,j)],iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,2,j)),Time[iLowest(symbol,0,MODE_LOW,2,k)],iLow(symbol,0,iLowest(symbol,0,MODE_LOW,5,k)));
         ObjectSetInteger(0,"Liquidityy"+j,OBJPROP_RAY_RIGHT,false);
         ObjectSet("Liquidityy"+j,OBJPROP_COLOR,clrMediumSlateBlue);
         ObjectSet("Liquidityy"+j,OBJPROP_WIDTH,6); 
         ObjectSet("Liquidityy"+j,OBJPROP_BACK,1); 
         }
         
    }     
}

What is the point of all this?

First of all, the liquidity break hammers out a swing point that is a safe shileld for a stop loss.

Normally a liquidity break is a refresher for the next leg down, a trap if you will. 3 of these and the low is uttely close (38 pips in the example above past the starting point of the last liqudity break).

At the same time, you know that the market is struggling to make headway if the breaks are overlapping. In the first example, after the second liquidity round trip, there was only an additional 27 pips left to be had on the downside from the low new lower low.