OPEN-SOURCE SCRIPT
[OPEN SOURCE] Whale Absorption & Liquidity Zones Indicator
This indicator is designed to help traders identify institutional activity through Whale Absorption and Liquidity Zones. By analyzing volume anomalies and price action, it pinpoints where large players might be entering or defending positions.
Key Features:
Whale Absorption (Buy/Sell): Detects high-volume bars where price movement is restricted, suggesting that large orders are being absorbed.
Green Bar/Triangle: Institutional buying/absorption.
Red Bar/Triangle: Institutional selling/distribution.
Liquidity Zones: Automatically plots dashed lines at recent Pivot Highs and Lows (Buy/Sell Stops), showing where the "liquidity" (retail stop losses) is likely sitting.
Real-time Dashboard: A clean UI in the top-right corner monitors volume status and whale presence.
How to Trade:
Look for Whale Buy signals near Liquidity Buy Stops for potential high-probability reversals.
Use the dashboard to confirm if the current volume is "Normal" or "High" before entering a trade.
Key Features:
Whale Absorption (Buy/Sell): Detects high-volume bars where price movement is restricted, suggesting that large orders are being absorbed.
Green Bar/Triangle: Institutional buying/absorption.
Red Bar/Triangle: Institutional selling/distribution.
Liquidity Zones: Automatically plots dashed lines at recent Pivot Highs and Lows (Buy/Sell Stops), showing where the "liquidity" (retail stop losses) is likely sitting.
Real-time Dashboard: A clean UI in the top-right corner monitors volume status and whale presence.
How to Trade:
Look for Whale Buy signals near Liquidity Buy Stops for potential high-probability reversals.
Use the dashboard to confirm if the current volume is "Normal" or "High" before entering a trade.
Skrip sumber terbuka
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.