MSL Crypto Liquidation Radar: A Tool for Identifying Potential Liquidation-Stress Events
MarketStructureLab's MSL Crypto Liquidation Radar is a tool used to identify potential liquidation-stress events on the BinanceUSDT daily chart.
The indicator consists of two main components: a directional engine that confirms long and short regimes, and a LIQ engine that identifies potential stress events using price, volume, and optional Open Interest evidence.
The LIQ markers are market-stress proxies and do not represent exchange-reported liquidation data or automatic trade signals.
The directional engine confirms long and short regimes by observing the price's movement above or below certain boundaries, while the LIQ engine looks for potential upper-range or lower-range liquidation-stress events.
The indicator provides a score and classification for each qualifying LIQ event, ranging from 0 to 100, and displays the most recent event's score and strength classification.