TP/SL Heatmap

Visualize where traders are placing their Take Profit and Stop Loss orders using real on-chain data from Hyperliquid.

What is TP/SL Heatmap?

TP/SL Heatmap shows clusters of Take Profit and Stop Loss orders placed by Hyperliquid traders, sourced directly from on-chain data. Unlike exchange-level aggregations, this overlay draws from actual order placements on the Hyperliquid L1 chain, giving you a transparent view of where traders are setting their protective orders.

The heatmap uses a viridis color scale by default — intensity ranges from dark purple (low volume) through teal and green to bright yellow (high volume). Take Profit clusters are rendered in cyan/teal tones and Stop Loss clusters in warm amber tones, making them easy to distinguish at a glance. Each bar is sized by the aggregate USD volume of orders at that price level, so you can immediately see which levels carry the most weight.

You can switch between five color themes — Viridis (default), Heat, Ocean, Monochrome, and Classic (traditional green/red) — in the overlay settings to match your preference.

Key Concepts

• Take Profit Clusters (Cyan/Teal): Price levels where traders have placed TP orders — these levels act as potential resistance (for longs taking profit) or support (for shorts taking profit). Rendered in cyan/teal tones by default.
• Stop Loss Clusters (Amber): Price levels where traders have placed SL orders — these create potential liquidation and stop-hunt zones. Rendered in warm amber tones by default.
• Color Intensity: Brighter, more saturated bars indicate higher volume concentration at that level. In viridis mode, intensity progresses from dark purple (low) → teal → green → yellow (high).
• USD Volume Sizing: Bar width reflects the total dollar value of orders at each level — larger bars mean more capital is positioned there
• On-Chain Data: All data comes directly from Hyperliquid’s blockchain, providing full transparency into real order placement
• Color Themes: Choose from Viridis (default), Heat, Ocean, Monochrome, or Classic — each provides a different visual mapping of volume density

How to Use TP/SL Heatmap

1. Open Chart from the sidebar and select the overlay settings
2. Enable the TP/SL Heatmap overlay
3. Cyan/teal bars will appear at Take Profit cluster levels; amber bars at Stop Loss cluster levels
4. Brighter and larger bars indicate higher USD volume concentration — these are the levels that matter most
5. Watch how price reacts as it approaches dense clusters
6. Optionally switch the color theme in overlay settings (Viridis, Heat, Ocean, Monochrome, Classic)

What to Look For

• Bullish signals: A thick cluster of Stop Loss orders below the current price can act as a magnet for price — market makers and large players often push price into these zones to trigger stops before reversing. If price sweeps a dense SL cluster and quickly reclaims the level, it often signals a reversal.
• Bearish signals: Dense Take Profit clusters above the current price suggest heavy sell pressure will hit at those levels. If price approaches a large TP zone and stalls, expect resistance as profit-taking kicks in.
• Key patterns: When TP and SL clusters stack on the same level from opposite sides, that level becomes a high-activity zone where significant volume will change hands. These confluence zones frequently produce sharp moves as both exits and entries trigger simultaneously.
• Combine with: Liquidation Levels to see the full picture of forced exits alongside voluntary TP/SL orders, OI Delta to confirm whether new positions are opening around these key levels, Trade Footprint to see actual execution volume when price reaches cluster zones

Supported Exchanges

Tips

• Dense Stop Loss clusters below support often get swept before the real move higher — this is a well-known “stop hunt” dynamic where liquidity is grabbed before a reversal
• Pay more attention to USD volume than the number of orders — a few large TP orders carry more weight than many small ones
• TP/SL data updates in real time as traders modify their orders, so cluster sizes and locations shift throughout the day
• Try different color themes to find what works best for your screen and workflow — Viridis is the default and provides good contrast on dark backgrounds