Trendmaster - Liquidations

Trendmaster™ - Liquidations is a Crypto Specific Indicator that shows liquidation levels depending on the leverage of positions entered within a certain period.

What are Liquidation Levels?

A liquidation level is expressed as a percentage value of the assets in a trader's margin account.
If a Crypto trader's positions go against them, their account will eventually reach the liquidation level, unless the trader injects additional funds.
Another name for liquidation level is liquidation margin.

How to use Liquidations:

High leverage positions such as 100x or 50x traders have a higher probability of being liquidated within intraday trading.
The lower a trader's leverage is, can decrease the probability of their position getting liquidated.
This means that using the Liquidations Indicator, users can see other traders’ liquidation levels based on several time periods.
The liquidation levels shown by the Indicator are 100x, 50x, 20x, 10x, 5x, 3x, and 2x in the periods Daily, Weekly, Monthly, and Yearly.
This means that within a certain period users can see the liquidation positions of other traders at all of those periods and use that information to predict price movements and reversal points.

Versionsinformation:

Update Changelog:
-Color change option from Specific Liquidations to Green and Red (Bull and Bear)
-Color fix for 20x and 10x liquidation levels
-New Dashboard to show liquidation levels by color as a guide
-Tickable function to not show already achieved liquidation levels

Versionsinformation:

Color Update

Versionsinformation:

- Name change in Indicator