SF - Stop killer
The model captures executed stop order clusters
Last updated
The model captures executed stop order clusters
Last updated
To add the Stop killer tool to your workspace, first click on the "Widget menu" button in the platform header. Then click on the button of the same name in the "Microstructure" section.
Stop killer is a scanner that displays executed stoploss orders of traders in real time. The user receives the information in the form of a table.
The visualization of the model has 4 color values:
Dark green shows potentially significant executed stoploss orders SHORT positions.
Light green shows potentially critical executed stoploss orders SHORT positions.
Dark red shows potentially significant executed stoploss orders of LONG positions.
Bright red shows potentially critical executed stoploss orders of LONG positions.
There are two filters used in the widget:
filter by tool;
filter by volume (in USDT).
The default filter value by instrument is not filled in. This means that Stop killer will receive executed stoploss orders for all traded open-ended USDT-Margin futures contracts. The user can select either a single asset or multiple assets at once. In this case Stop killer will receive signals only for marked coins.
The default value of the volume filter is not filled. This means that Stop killer will receive executed stoploss orders of absolutely any volume. The user can set the numerical value of the lower limit of the stoploss order execution size. In this case, Stop killer will receive executed stoploss orders with the volume not less than the set value.
The widget table has the following columns with data:
Column for adding/removing the traded asset to/from the list(s) favorites⭐
P A (Price activity) - price manipulative activity for the instrument. Model value Manipulation monitor for the futures contract on the traded asset at the moment of signal arrival.
V A (Volume activity ) - volume manipulation activity for the instrument. Model value Manipulation monitor for the futures contract on the traded asset at the moment of signal arrival.
SYMBOL - name of the ticker, for which the signal has come.
KILL $ - volume in dollars of the executed stoploss order.
P (Price) - average execution price of a stoploss order.
TIME - time of stoploss order execution.
MARKET R % (Market ratio %) - value of the tool Market ration for the futures contract on the traded asset at the moment of signal arrival.
Like all tools SpreadFighter, Stop killer has the ability to synchronize with other tools marked with the same color. When you click on a specific signal, all synchronized tabs will switch to the corresponding ticker.
The model has an adaptation for Chart pane in the form of corresponding indicators: Stop killer, Stop killer highlighter.
The model captures executed accumulations of stoploss orders that stimulate price return or breakout, and allows to calculate the volumes of positions closed by stoploss orders, leveling the non-target volume. A simple but very accurate model is used. The information is confirmed by data from external affiliated sell side sources.
The model has 2 values: order accumulation and volume sum. The accumulation of orders is subdivided into significant and critical levels based on the overall analysis of volumes and the range of executed stoploss orders.
The main disadvantages are a strong loss in accuracy on instruments with very little liquidity and with very large price steps.
Our practical experience shows that execution of stoploss orders is often the culmination of a movement. Therefore, this tool can be used to find pivot points and more accurately open and close positions. But as with all tools, each user is free to decide for themselves how to use Stop killer
