Published a liquidations finder indicator on @tradinglite
Shows bars where liqs are greater than or equal to a user defined amount. Useful while scalping.
Use the invite code "HSAKA" for a free month of TL access.pic.twitter.com/AJrY3sm1So
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Open the opposite position when others are liquidated is the best strategy...
man i want to be bullish, but its hard knowing there is a time bomb of unemployment numbers about to go off next week
Whats the liq amount of the pic above? Asking because i dont have it.pic.twitter.com/qhZofb2oz6
That was set to 1m cause weekend.
If this is a liquidated long(green?), then why would the price reverse upwards? Or is this a liquidated short? Sorry if it's not obvious to me I'm still a novice trader.
Green for long liqs, red for short liqs, white for total liqs (not pictured, but available in settings). It's common for price to revert or momentarily stabilise after big liquidations. Weekend + liquidity shock from 13th March makes even 1m significant right now.
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