Liquidation Candles V1.0 [CE]
using a denomination of time/oi/ volume /location the indicator aims to highlight the areas of liquidation relative to the candle structure to give optimal entry / exits for user positions
Using the indicator can be useful to determine where the liquidations are occurring to allow for optimal entries and exits based on Realtime chart updates,
The indicator will highlight this importance using 2 separate weightings.
Both Transparency of the zones to highlight how many liquidations are occurring,
and the Shape to show significance.
The indicator can be customized to show only certain thresholds, example of just the largest liquidations "giga" liqs:
TO DO
- Custom Alerts Price Specific
- Custom Thresholds
Custom price specific alerts can be more in depth than its Simulated Liquidations [CE] pair. This can be highlighting Large liquidations that occur specifically in the tail wick of a candle as opposed to the body.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact spacemanbtc directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact spacemanbtc directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.