strategy.margin_liquidation_price - Pine Script Variable

strategy.margin_liquidation_price

Overview

When margin is used in a strategy, returns the price point where a simulated margin call will occur and liquidate enough of the position to meet the margin requirements.

Type

float

Qualifier

series

Remarks

• The variable returns na if the strategy does not use margin, i.e., the strategy declaration statement does not specify an argument for the margin_long or margin_short parameter.

Examples

Example 1

//@version=6
strategy("Margin call management", overlay = true, margin_long = 25, margin_short = 25, default_qty_type = strategy.percent_of_equity, default_qty_value = 395)
float maFast = ta.sma(close, 14)float maSlow = ta.sma(close, 28)
if ta.crossover(maFast, maSlow)
strategy.entry("Long", strategy.long)
if ta.crossunder(maFast, maSlow)
strategy.entry("Short", strategy.short)changePercent(v1, v2) => float result = (v1 - v2) * 100 / math.abs(v2)// exit when we're 10% away from a margin call, to prevent it.
if math.abs(changePercent(close, strategy.margin_liquidation_price)) <= 10
strategy.close("Long")
strategy.close("Short")