Liquidation Bursts
Liquidation bursts: liquidations per bar mirrored, longs below zero and shorts above, with unusually large bursts highlighted.
How to read it
- Bars far above their recent average (z-score) are drawn in full colour, the rest faded.
- Long-liquidation bursts often appear at capitulation lows, short bursts at squeeze highs.
- Bursts with a sharp OI drop mean leverage is being flushed.
Key settings
- Length 50; minimum z-score 3.
Good to know
- Drawn in its own pane below the chart.
- Hyperliquid does not publish liquidations, so the pane stays empty there.