Institutional Absorption

7시간 전

Highlights potential zones where institutional participants may be absorbing aggressive buying or selling pressure.

It analyzes candle structure and volume to detect possible bullish and bearish absorption events, providing a visual cue for traders studying market imbalance and liquidity dynamics.

The script compares each candle’s wick–body ratio and volume relative to its moving average.
A bullish absorption setup occurs when strong volume appears after a sharp downward move with long lower wicks, while bearish absorption occurs after upward moves with long upper wicks, suggesting the presence of large counter-orders.

+ Features

Detects bullish and bearish absorption candles.

Customizable wick to body ratio and volume multiple thresholds.

Optional filter to require candle color alignment with trend (green/red).

Option to ignore tiny body (doji-like) candles.


+ How to Use

Adjust wick–body ratio, volume multiplier, and lookback length under “Conditions (Absorption)”.

Enable “Require candle color” to strengthen directional context.

Use alerts to receive notifications when new absorption signals appear.

+ Notes

This tool aims to visualize possible absorption behavior, not confirm institutional activity.
Combine it with your broader market structure, volume, or order flow analysis for a more comprehensive analysis.

7시간 전

릴리즈 노트

Revision 1