OPEN-SOURCE SCRIPT
Aktualisiert

Liquidations

37 721
First, thanks to the following Tradingview community members for providing open source indicators that I used to develop this indicator!
Liquidations by volume (spot/futures) - Thomas_Davison
Pivot and liquidation lines [LM] - lmatl
Let me know if either of you do not approve and I will remove the indicator.

This indicator uses pivot points, volume and a liquidation percentage to determine potential liquidation levels. These are not exact but can give traders an idea of potential support or resistance levels.

Pivot points: Currently the pivot points are set to look left 5 bars and right 2 bars. This will determine the high and lows in the chart.

Volume: Assuming that high volume bars are where more leverage is used, this indicator uses the average volume over a 1000 bar period to determine to determine a baseline. I have arbitrarily set 100x lines to 20% above the average volume, 50x lines 10% above, 25x lines 5% above, 10x lines 2.5% above and 5x lines 1.25% above.

Liquidation: Finally, we are making a few assumptions on how liquidations are calculated. The following table includes the percentage a position can decline before being liquidated.

* * *
Short: Long:
100x 0.51% 0.49%
50x 1.55% 1.47%
25x 3.70% 3.38%
10x 5.11% 4.67%
5x 6.705% 6.115%

Snapshot

Let me know if there are any questions or if anyone has any improvements!


Versionshinweise
minor optimization changes
Versionshinweise
Added a user input for the lookback period. Minor adjustments to the liquidation levels.
Versionshinweise
Updated leverage calculations and colors
Versionshinweise
Minor edit
Versionshinweise
changes are related to extending the lines and removing old liquidation lines.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.