Traders Window
Liquidation alerts: catch cascades and protect your own position
There are two kinds of liquidation alerts worth having: one for the market, when forced orders start cascading, and one for you, before your own position gets there.
Market liquidations: the cascade
When price moves fast, leveraged positions get force-closed, and those forced orders push price further. A burst of liquidations on one coin often marks the most violent part of a move, and sometimes its end. How liquidations work explains why.
Traders Window reads Binance's public liquidation feed. When liquidations on one of your coins pass your threshold within 5 minutes, $1M by default, the widget pulses and the row shows the amount and which side was liquidated.
Binance publishes at most one liquidation per second for each contract, the largest one, so these amounts are a floor, not the full total.
Your own position: the distance to liquidation
The number that matters most is how far price can move against you before your position is closed. With a read-only Binance Futures API key connected, the widget shows each open position with that distance in percent:
- amber when it gets close, red when it's dangerously close;
- an urgent alert, also on your phone if enabled, when it drops below your threshold, 5% by default.
The key can only read. The app checks its permissions and refuses any key that could trade or withdraw, and it's stored in your Mac's Keychain.
Setting it up
- Settings → Alerts: set Liquidations per coin ≥ $ to the size that's unusual for the coins you follow. For small coins, a lower threshold makes sense.
- Settings → Account: connect a read-only key, then set Position within % of liquidation in the Alerts tab.
- Optional: send alerts to your phone.
For information only, not financial advice.