SL & TP Finder
Get data-driven suggestions for stop loss and take profit levels based on liquidation clusters and order book structure.
What is SL & TP Finder?
SL & TP Finder analyzes liquidation level clustering and order book structure to suggest optimal stop loss and take profit levels for your trades. Instead of placing stops at arbitrary percentages or round numbers, this tool identifies where the market structure itself provides natural boundaries for risk management.
The tool examines where liquidation levels are concentrated — large clusters of liquidation orders at a specific price act as magnets that price is drawn toward. By identifying these clusters, the tool can suggest stop loss levels that sit beyond the nearest cluster (reducing the chance of getting stopped out by a liquidation cascade) and take profit levels near clusters that price is likely to reach.
Risk/reward ratios are calculated automatically based on the suggested levels, giving you an immediate assessment of whether a trade is worth taking from a risk management perspective. You can see at a glance whether the potential reward justifies the risk based on actual market structure rather than wishful thinking.
Key Concepts
- Liquidation Cluster: A concentration of liquidation levels at a specific price, created by the aggregate of leveraged positions across the market
- Stop Loss Placement: The suggested level to exit a losing trade, placed beyond key structural levels to avoid premature stopouts
- Take Profit Target: The suggested level to take profits, placed near areas where price is likely to find resistance or support
- Risk/Reward Ratio: The ratio of potential profit to potential loss based on the suggested levels — higher ratios indicate better trade opportunities
How to Use SL & TP Finder
- Open SL & TP Finder from the sidebar under Trading Tools
- Select the symbol you are trading
- Specify your entry direction (long or short) and entry price
- The tool analyzes current liquidation clusters and order book data to generate suggested levels
- Review the suggested stop loss, take profit, and calculated risk/reward ratio
What to Look For
- Bullish signals: For long positions, when the nearest downside liquidation cluster is far below entry (giving a wide buffer) and the nearest upside cluster is close (providing a nearby target), the risk/reward favors the trade.
- Bearish signals: For short positions, the same logic applies in reverse — a distant upside cluster for your stop and a nearby downside cluster for your target indicates a favorable setup.
- Key patterns: When multiple liquidation clusters stack closely together above or below price, they create a strong magnet zone. Placing take profit levels just before these zones capitalizes on the pull effect while exiting before the volatility of the cascade itself.
- Combine with: Volume Profile for additional confirmation of support and resistance levels, Limit Order Heatmap for real-time order book context, Liquidation Heatmap for a visual map of where liquidation clusters sit
Supported Exchanges
| Exchange | Status |
|---|---|
| Binance | ✅ |
| Bybit | ✅ |
| Hyperliquid | ✅ |
Tips
- Never use the suggested levels blindly — they are data-driven suggestions, not guaranteed outcomes. Always apply your own judgment based on the broader market context.
- The best stop loss levels are placed just beyond structural levels where a move past that point would invalidate your trade thesis entirely
- Recalculate your levels if you hold a position for an extended period — liquidation clusters shift as the market evolves, and levels that were relevant at entry may no longer apply