Indicator · Pine Script v5 · On the chart

TriexDev - Liquidation Rekt Levels

by Triex

TriexDev - Liquidation Rekt Levels calculates and plots estimated liquidation price thresholds directly on the price chart overlay.

View on GitHub

GitHub stars3on the repository
Pine versionv5runs as is
Lines of code78
Settings14inputs
LicenceCustom licence
Last update2 years ago1 May 2024

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

TriexDev - Liquidation Rekt Levels projects liquidation boundaries for long and short positions based on common leverage multipliers, including 3x, 5x, 10x, 25x, and 50x. Reference entry prices are derived from candle high, low, and close values. Input settings allow users to adjust percentage distance multipliers for each leverage tier, apply a horizontal bar offset, and customize line colors or right-hand price labels.

Details

Published by

Triex on GitHub

Draws

On the price chart

Markets

Crypto

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
bar offsetint1offset
50xfloat0.025rekt_50x
25xfloat0.05rekt_25x
10xfloat0.1rekt_10x
5xfloat0.2rekt_5x
3xfloat0.33rekt_3x
Rekt level label offsetint4label_offset_input
Rekt Level Labels?boolfalselabelRektLevels
50x Colorcolor#f55ce920_50xColor
25x Colorcolor#f55ce951_25xColor
10x Colorcolor#f55ce973_10xColor
5x Colorcolor#f55ce9_5xColor
Show all 14 settings
SettingTypeDefaultVariable
3x Colorcolor#ff00ee_3xColor
Label Prompt?booltrue_labelPrompt
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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