Track Bitmex liquidations levels in real-time with a rolling VWMA or VWAP basis. Allows the input of a different time frame if you wish.
The Indicator is supposed to mark the first two hours of the: Open session of Tokyo stocks market Open session of the London stocks market Open session of the NY stocks market Go to the indicator's settings and set the open hours for your timezone. Use on 1H timeframe.
This indicator can be used as a simple measure of price action tradability. It's an alternative to volume that focuses on the gaps between close and open candle prices. The bigger the gaps, the more spread and slippage you'll get when trading.