d4nk Auto Volume Liq Levels⚠️ IMPORTANT: DATA SOURCE REQUIREMENT This indicator is engineered specifically for Crypto Assets that have Perpetual Futures contracts listed on Binance or Bybit. It relies on these specific exchange feeds to calculate the total notional market volume. It will not function correctly on traditional stocks, forex, or low-cap altcoins that do not have perpetual futures listings on these major CEXes.
Overview
d4nk Auto Volume Liq Levels is an institutional-grade liquidity tool designed to visualize high-probability reversal zones. It solves the primary flaw of standard liquidation tools—static volume filtering—by using a statistical engine to adapt to market volatility in real-time.
Instead of displaying every possible pivot point, this tool utilizes a unified system where volume analysis validates the liquidation math, ensuring you only see levels backed by significant money.
1. The "Auto-Stat" Engine (Dynamic Thresholds)
Markets breathe. Sometimes they chop (low energy), and sometimes they trend (high energy). A static volume filter usually fails because it filters too much during trends or too little during chop.
This script utilizes a Gaussian Normal Distribution model to adapt its sensitivity:
Energy Calculation: It calculates the delta between On-Balance Volume (OBV) and a 100-period EMA to determine if volume is flowing with or against the trend.
Distribution Ranking: It ranks the current bar against a 5000-bar history.
Adaptive Logic:
The Mean (Ranging): When the market is chopping (Rank 40-60%), the script automatically tightens the filter (up to 2.5x average volume). This hides noise and prevents you from trading into weak levels.
The Tails (Trending): When the market is moving hard (Rank >90% or <10%), the script loosens the filter (down to 1.5x average volume). This ensures you see every critical liquidation level during a climax, exactly when you need them most.
2. True Liquidity (Auto-Aggregation)
Trading solely off TradingView's default chart volume gives you an incomplete picture because liquidity is fragmented across exchanges.
Auto-Source: When you load a ticker (e.g., SOL, AVAX, ETH), the script automatically locates the corresponding Binance Perpetual and Bybit Perpetual data in the background.
The Logic: It aggregates the volume from both exchanges to calculate the True Notional Value. If a level appears on your chart, it means there is real money behind it, not just an anomaly on a single exchange feed.
3. Liquidation Mathematics
We model implied liquidation levels based on standard exchange maintenance margins (defaults to 0.5% for crypto majors) relative to Pivot points.
Red/Orange Lines: Short Liquidations (Resistance).
Blue/Cyan Lines: Long Liquidations (Support).
Behavior: Lines are drawn forward from the pivot. If price hits the line, the line terminates immediately. This provides instant visual confirmation that the liquidity has been "swept" or "taken."
4. Integrated Volume Analysis (PVSRA)
To help validate the liquidation levels, the script paints candles to highlight anomalies between price spread and volume:
Green Candles: Climax Bull (Buying Climax / Potential Top)
Red Candles: Climax Bear (Panic Selling / Potential Bottom)
Blue Candles: Rising Bull (Strength)
Purple Candles: Rising Bear (Weakness)
⚠️ Note on Indicator Title
You may notice that the indicator title in the top-left status line of your chart often defaults to displaying (..., BINANCE:BTCUSDT.P).
This is a Pine Script limitation. The status line can only display the default value of an input field. Since the fallback ticker is set to BTC, it displays BTC.
Please ignore the title. Instead, look at the Dashboard in the bottom-right of your chart. That dashboard displays the actual live ticker being used by the Auto-Source engine (e.g., BINANCE:ETHUSDT.P + BYBIT:ETHUSDT.P). If the dashboard matches your chart, the data is correct.
How to Trade It
The Reversal Setup: Wait for price to push into a dense cluster of 100x (Red) or 50x (Orange) liquidation lines. Watch for a Climax Candle (Green/Red) to print into the level. If price rejects and the line terminates, the liquidity has been swept and a reversal is probable.
The Breakout Setup: If price pushes through a liquidation cluster on Rising Volume (Blue/Purple candles) without rejecting, the liquidity is likely being absorbed to fuel a continuation move. Target the next major cluster (usually the 25x lines).
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