Feature Request: Liquidation Price Display for Open Positions
Feature Request: Liquidation Price Display for Open Positions
07 Jan 2025, 16:45
Feature Name: Liquidation Level for Open Positions
Description:
I would like to suggest the addition of a feature to display the liquidation price level for each open position directly on the cTrader platform. This would show the exact price level at which a position's equity would reach zero, factoring in current margin requirements, leverage, and any floating profit/loss.
Use Case:
For instance, if a trader holds a BUY position on AUD/USD, the platform should calculate and display the price level at which the trader's equity becomes zero. This would allow traders to assess the risk more effectively and make better-informed decisions. The liquidation level should be dynamically updated based on real-time price movements and account equity changes.
Benefits to Traders:
- Risk Management:
Traders can use the liquidation price as a key metric to manage risk effectively, particularly in highly leveraged accounts. - Transparency:
Knowing the liquidation price provides clarity on how close a position is to a margin call or stop-out. - Ease of Monitoring:
Instead of manually calculating the liquidation price, traders can access this critical information instantly within the platform. - Enhanced Trading Experience:
It aligns with the professional features that traders expect from a platform like cTrader, setting it apart from competitors.
Implementation Suggestion:
- Add a "Liquidation Level" column to the Positions tab in the Trade Watch window.
- Display the value dynamically, considering:
- Current balance and equity.
- Margin used by the position.
- Leverage applied to the account.
Alternatively, this information could also be displayed in the Position Details panel under the Trade Watch window or directly on the chart as an optional marker for each position.