OPEN-SOURCE SCRIPT
Liquidation Hunter - OI & Funding
Signal Status Commentary / Action
OI Lines Very Long (Green) The market is very inflated. Everyone is in the game, a liquidation hunt is imminent. Don't dive in from the top!
Price Stable / OI Increasing: There is a position battle. One side (Long or Short) will explode badly, wait for the direction of the explosion.
Price Falling / OI Falling Sharply Liquidation is taking place. A buying opportunity for the hunter! Weak hands have been eliminated, Funding has cooled down.
OI Lines Very Long (Green) The market is very inflated. Everyone is in the game, a liquidation hunt is imminent. Don't dive in from the top!
Price Stable / OI Increasing: There is a position battle. One side (Long or Short) will explode badly, wait for the direction of the explosion.
Price Falling / OI Falling Sharply Liquidation is taking place. A buying opportunity for the hunter! Weak hands have been eliminated, Funding has cooled down.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.