I would like to introduce you script for calculating liquidations on Bybit(it's applicable not only for Bybit). The idea is to render lines and look for confluence with other indicators where is most likely that people will get liquidated.
It has setting with 4 leverages that will render line below and above price always calculated from high and low of the candles.
Hi bro, I am a little confused with your formula. The formula I use is as followed, would you mind to shed some light on how you arrive your formula please? short_5x_ = high * (1 + 0.2 * maint_margin)
lmatl
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@jeno_, try to google this: 'how to calculate liquidation price bybit' it's a second link
irtrader_425798
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Hello Sir Thanks for it I used it for Binance, but I think Binance liquidation price calculation is different bcz in some case ur indicator Liq. levels and Binance Liq. Level is so far from each other! Is there any script specially for binance? Thanks in advance
short_5x_ = high * (1 + 0.2 * maint_margin)