Trendmaster - Liquidations is a Crypto Specific Indicator that shows liquidation levels depending on the leverage of positions entered within a certain period.
A liquidation level is expressed as a percentage value of the assets in a trader's margin account. If a Crypto trader's positions go against them, their account will eventually reach the liquidation level, unless the trader injects additional funds. Another name for liquidation level is liquidation margin.
These levels become exacerbated by high leverage. High leverage such as 100x or 50x traders has a high probability of being liquidated within intraday trading. The lower the trader's leverage can decrease the probability of liquidations.
This means that using the Liquidations Indicator, users can see other traders’ liquidation levels based on several periods. The liquidation levels shown by the Indicator are 100x, 50x, 20x, 10x, 5x, 3x, and 2x in the periods Daily, Weekly, Monthly, and Yearly.
This means that within a certain period users can see the liquidation positions of other traders at all of those periods and use that information to predict price movements and reversal points.