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myLiquidation Levels

... more than a usual indicator ..

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(latest) Version: 2.0

(Release Date:    December 28, 2022)

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Great News here at Mobility in Life Applications! We are happy to announce that our (one and only)  TradingView indicator is released under the name:  Liquidation Levels V2 (by mlapplications.com) .

The second version (named: version 2.0) is accesible to add to your TV account with the link below or by search on "community scripts).

Bookmark this page before install.

Any future updates/versions of the indicator will remove the previous version completely. So, if you suddenly see that the indicator is lost from your "favourites" in TV, just revisit this page and add the latest version! 

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(results) Validation : 100%

We have create a study, to evaluate, in a real chart with real liquidation data, the calculations and the usage of the indicator. Read more on the link below: 

Liquidation Levels V2  (results of validation..)

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(guide) Installation: 

Click on the button below to open the indicator's page on the Trading View. 
(It is not searchable from the community's scripts). 

Install indicator on Trading View !

From there, click the "Add to favourites" button.

Liquidation Levels V2 (Ultimate Edition)! by mlapplications on TradingView.com

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How to use.. ?

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Liquidation Levels V2 Usage..

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Some notes about the indicator ...!

• First of all: the 2nd version of Liquidation Levels supports ALL cryptocurrencies and you should use together with a stablecoin pair: USD, USDT, USDC, or BUSD.
• It reads and calculates the Open Interest from Binance. So, don’t use it yet with other crazy trading pairs, e.g BTC/LUNA, etc . The next version will support all possible pairs that are trading in Futures. 
• It’s better to use it in 1 minute timeframe, in order to understand what’s going on and when actually each position is opened, and the corresponding liquidation levels are generated and plotted.
• Leave it play for a while and watch the price reaction to new positions opened.
  The levels go back in time but they are not unlimited, as the data provided by exchanges in real time limits the history (for 1 minute timeframe) to less than a week. ​
• Keep in mind also, that it is a free tool/indicator. We don’t want to exact mimic the hyblock levels from this company and create a one-to-one approach. We want to improve their solution, build around it and make something better that is more valuable for traders. 
   

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As a trader you should use 3-4 tools: Traders Reality indicator, PSVRA levels, Bookmap and Liquidation Levels. Each one is providing different aspects to you.

​Let’s make together this indicator the best one that we can!

Best regards, 

the Mobility in Life Applications TEAM