OPEN-SOURCE SCRIPT
Diupdate Institutional Absorption
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.
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.
Catatan Rilis
Revision 1Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.