OPEN-SOURCE SCRIPT
High/Low Liquidation Levels
The Visible High/Low Liquidation Levels indicator is designed to help traders better understand potential liquidation zones within a visible range on the chart. It does this by identifying dynamic high and low median price levels and plotting corresponding liquidation levels based on various leverage ratios.
This tool visually marks these critical zones, offering insight into areas where over-leveraged positions (such as x1, x2, x5, up to x100) are more likely to get liquidated, either above the recent low or below the recent high. This can support risk management and decision-making, especially in volatile markets.
Features:
Displays median high and low levels based on a configurable number of visible bars.
Plots liquidation levels above the low median and below the high median for multiple leverage tiers: x1, x2, x3, x5, x10, x25, x50, x75, x100.
Full customization over which leverage levels to show.
Color-coded lines for easy visual distinction.
Configurable bar range for calculating highs and lows separately.
Built-in legend table for clear reference to level color mappings.
This tool visually marks these critical zones, offering insight into areas where over-leveraged positions (such as x1, x2, x5, up to x100) are more likely to get liquidated, either above the recent low or below the recent high. This can support risk management and decision-making, especially in volatile markets.
Features:
Displays median high and low levels based on a configurable number of visible bars.
Plots liquidation levels above the low median and below the high median for multiple leverage tiers: x1, x2, x3, x5, x10, x25, x50, x75, x100.
Full customization over which leverage levels to show.
Color-coded lines for easy visual distinction.
Configurable bar range for calculating highs and lows separately.
Built-in legend table for clear reference to level color mappings.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.