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Free Liquidation Levels indicator
My new script is live & includes:
β’ Long & Short Liquidation levels
β’ OI & Volume analysis tools
β’ and much more
Please continue reading this thread to learn more about it.
Retweets are appreciated.
π levia.io
1/16 π§΅
My new script is live & includes:
β’ Long & Short Liquidation levels
β’ OI & Volume analysis tools
β’ and much more
Please continue reading this thread to learn more about it.
Retweets are appreciated.
π levia.io
1/16 π§΅
Instructional article
This script utilizes a lot of flexibility in setting and offers additional tools besides liquidation levels. Please read this short article to learn some basics about the indicator.
Read it here: levia.io
Or here: leviathancrypto.notion.site
This script utilizes a lot of flexibility in setting and offers additional tools besides liquidation levels. Please read this short article to learn some basics about the indicator.
Read it here: levia.io
Or here: leviathancrypto.notion.site
Liquidation levels
The main job of this indicator is to plot liquidation levels of over-leveraged (100x, 50x and 25x) long and short positions.
Levels above price = short liquidations
Levels below price = long liquidations
Now letβs look at some settings and tools.
The main job of this indicator is to plot liquidation levels of over-leveraged (100x, 50x and 25x) long and short positions.
Levels above price = short liquidations
Levels below price = long liquidations
Now letβs look at some settings and tools.
Primary Source of Data
This input lets you decide the source of data used for calculating levels.
Open Interest, OI+VOL and OI+CVD are more accurate but only work where OI data is available (eg. Binance perps)
Volume and CVD are less accurate but work on every pair.
This input lets you decide the source of data used for calculating levels.
Open Interest, OI+VOL and OI+CVD are more accurate but only work where OI data is available (eg. Binance perps)
Volume and CVD are less accurate but work on every pair.
Directional Bias
If Directional Bias is enabled, the indicator will predict which sideβs liquidation levels are more likely to be filled and only show those.
If Directional Bias is enabled, the indicator will predict which sideβs liquidation levels are more likely to be filled and only show those.
Reduce Sensitivity
Increasing RS will filter out smaller positions and therefore show fewer liquidation levels.
Decreasing RS will broaden the filter and also include smaller positions and therefore generate more liquidation levels.
Increasing RS will filter out smaller positions and therefore show fewer liquidation levels.
Decreasing RS will broaden the filter and also include smaller positions and therefore generate more liquidation levels.
Base
This input lets you decide about the point from which the distance to liquidation levels is calculated.
This input lets you decide about the point from which the distance to liquidation levels is calculated.
Liquidation Level Bubbles
Liquidation Level Bubbles show up when a liquidation level is formed and signal the relative size of potential liquidations at that level.
The bigger the bubble, the bigger the potential liquidation.
Liquidation Level Bubbles show up when a liquidation level is formed and signal the relative size of potential liquidations at that level.
The bigger the bubble, the bigger the potential liquidation.
Market Order Bubbles
Market Order Bubbles indicate strong market buying/selling and can therefore give us an idea about whatβs happening in the market.
Market Order Bubbles indicate strong market buying/selling and can therefore give us an idea about whatβs happening in the market.
Color Candles
This function will color the candles according to different data and help you get an additional insight into price movements.
This function will color the candles according to different data and help you get an additional insight into price movements.
Leverage Ratio
Leverage ratio will tell you when leverage in the market is relatively high or relatively low.
Leverage ratio will tell you when leverage in the market is relatively high or relatively low.
Market Info Screener, Level Legend and Hide Filled Lines
Market Info Screener displays data such as OI, Volume, OI Delta, Aggressive side of the market, etc.
Hide Filled Lines function removes the levels that have been filled.
Market Info Screener displays data such as OI, Volume, OI Delta, Aggressive side of the market, etc.
Hide Filled Lines function removes the levels that have been filled.
Appearance & Show Settings
Appearance section lets you modify colors, styles and displays.
Turning on Show Settings generates a panel that displays your current settings.
Appearance section lets you modify colors, styles and displays.
Turning on Show Settings generates a panel that displays your current settings.
Standard Deviation Multipliers
Standard Deviation Multipliers serve as thresholds/filters for determining large volumes and large new positions in the market.
Standard Deviation Multipliers serve as thresholds/filters for determining large volumes and large new positions in the market.
Other Settings
Decreasing Standard Deviation Length or CVD Length will make the script use more recent data to calculate liquidation levels and other metrics.
Level Calculation Mode will let you switch between 3 different ways of calculating distance to liquidation levels.
Decreasing Standard Deviation Length or CVD Length will make the script use more recent data to calculate liquidation levels and other metrics.
Level Calculation Mode will let you switch between 3 different ways of calculating distance to liquidation levels.
This is just the first version. Itβs not perfect but I will continue on improving the script and posting updates.
If you appreciate my work, please consider registering on my partner exchanges:
BingX: bingx.com
Bybit: partner.bybit.com
If you appreciate my work, please consider registering on my partner exchanges:
BingX: bingx.com
Bybit: partner.bybit.com
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