Absorption Zone+ v2 [JJumbo]

Introduction
The Absorption Zone+ indicator identifies potential reversal zones by detecting high-volume absorption candles in the market where opposing orders get absorbed at key levels by the opposing party.
This script idea comes from orderflow trading, recreating what absorption would look like, it re-creates absorption based on the volumes of that specific candle or area (multiple candles), useful when trading reversals helping you identifying where influx of volume is coming in, combined with key levels it will help you understand whether a reversal is about to happen or continuation is expected during expansions.
An additional feature of Imbalances on the absorption candles is present, highlighting fair value gaps withing the absorption candles, with multi-timeframe plotting. This script is also applicable on all time frames.

This indicator is particularly valuable for traders focusing on order flow and institutional activity. Absorption candles often represent periods where smart money is actively accumulating or distributing positions while maintaining a tight price range, potentially signaling upcoming directional moves.

Key features

• Bullish/Bearish candles color coding identifier:
  The color coding for bullish/bearish candles help traders visualize where it is a bullish or bearish absorption identifying these zones at reversals or continuations.
  

• Volume threshold and absorption isolation inputs:
  This features let you set a threshold of the volume and percentage body to wick to set your preferred highlighting, and shading all non-absorption candles helping you identify only the absorptions present.
  

• Absorption imbalances:
  Imbalances (FVGs) bearish and bullish are shown on different time-frames, helping traders identify turnover areas or support and resistance within the absorptions, the imbalances also have a custom user defined time-frame selection to choose from and show on any time frame.
  

• Additional inputs:

User Guidance

• Custom Appearance:Adjust the style and colors of the imbalances for both bullish and bearish candles, this helps trader distinguish one from the other having a better understanding.
  
• Custom time-frame imbalances:Choose your favorite time-frame to display its imbalances in any time-frame, helping trader visualize higher or lower time frame imbalances.
  
• Absorption candles isolation:Isolation of the absorption candles to better identify the zones and specific candles where absorption is present.
  
• Volume multiplier and threshold:Adjust the inputs of the absorption calculation thresholds to better taylor the volumes based on market volatility.
  

Conclusion
This tool is a great addition in the arsenal for the traders, whether you are a reversal trader or a continuation trader, this tool allows you to identify important areas of big amount of participants in specific candles and mixing it with fair value gap theory from The Inner Circle Trader it gives an additional factor of precision

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