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Long & Short Liquidations [Kodeus]
The Long & Short Liquidations indicator is designed to highlight potential liquidation zones by tracking deviations between short-term and long-term moving averages. It visually emphasizes bullish and bearish extremes while also displaying live volume statistics to help traders gauge market dominance.
This tool aims to provide insights into liquidation pressure, trend signals, and volume dynamics all in one place, assisting traders in identifying possible reversal or continuation points.
🔷 Key Features
Customizable Price Source: Choose between Close, Open, High, or Low as the calculation basis.
Dual Moving Average Baseline: Uses a combination of SMA (fast) and EMA (slow) for deviation tracking.
Liquidation Peaks: Detects bullish and bearish extremes, plotting signals where strong deviations occur.
Real-Time Volume Stats: Displays bull and bear volume, ratio, and market dominance in a compact table.
🔷 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
This tool aims to provide insights into liquidation pressure, trend signals, and volume dynamics all in one place, assisting traders in identifying possible reversal or continuation points.
🔷 Key Features
Customizable Price Source: Choose between Close, Open, High, or Low as the calculation basis.
Dual Moving Average Baseline: Uses a combination of SMA (fast) and EMA (slow) for deviation tracking.
Liquidation Peaks: Detects bullish and bearish extremes, plotting signals where strong deviations occur.
Real-Time Volume Stats: Displays bull and bear volume, ratio, and market dominance in a compact table.
🔷 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
Get access to our exclusive tools: pinescriptmarket.com/
All content provided by Kodeus is for informational & educational purposes only. Past performance does not guarantee future results.
All content provided by Kodeus is for informational & educational purposes only. Past performance does not guarantee future results.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
Get access to our exclusive tools: pinescriptmarket.com/
All content provided by Kodeus is for informational & educational purposes only. Past performance does not guarantee future results.
All content provided by Kodeus is for informational & educational purposes only. Past performance does not guarantee future results.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。