INVITE-ONLY SCRIPT
Liquidation Candles V1.0 [CE]
Liquidation Candles V1.0 is a custom calculation done on crypto symbols to bring liquidation data that is not available directly,
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 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.
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.
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