Big Trades & Absorption Bubbles [Jireh]
Big Trades & Absorption Bubbles [Jireh]
OVERVIEW
Highlights unusually large aggressive buying and selling at the exact price where it happened, and flags absorption: when a big push fails to move price.
• Blue bubbles – large aggressive buying (lifting the ask)
• Magenta bubbles – large aggressive selling (hitting the bid)
• Orange "A" – absorbed buying: big buying that failed to lift price (bearish)
• Cyan "A" – absorbed selling: big selling that failed to push price lower (bullish)
Bubbles grow larger and more opaque the further volume exceeds the threshold. Hover over any bubble to see its size, price, and how many times the threshold it was.
HOW IT WORKS
The script reads TradingView's native footprint data, which records how much volume traded at the ask and at the bid at each price level inside every bar. By default it uses 1 tick per row, so every individual price is checked.
Each price level's buy volume and sell volume are compared with a threshold:
• Automatic (default) – the threshold adapts to recent activity. A level only counts if it's in the top percentile of recent price levels (Low / Medium / High intensity, or a custom percentile). This adjusts naturally to quiet and busy sessions.
• Manual – fixed contract sizes, with optional minimum and maximum filters.
Only the largest levels per bar are drawn (adjustable) to keep the chart readable. Bubbles are drawn on confirmed bars only, so they do not repaint.
ABSORPTION
After a big trade prints, the script watches the next few bars. If big buying fails to push price a set number of ticks higher, and the window closes back below the bubble, it's flagged as absorbed (and vice versa for selling). This often indicates a large passive participant absorbing aggressive orders.
To see only significant absorption, turn on "Show absorption only," set a minimum size multiple (for example 2x the threshold), and require a reversal in ticks so only absorption that actually turned price is shown.
SETTINGS
• Footprint: ticks per row
• Detection: automatic or manual filter, intensity, lookback, automatic minimum, maximum size, side dominance %, max bubbles per bar, buy/sell toggles
• Absorption: window, follow-through ticks, close requirement, absorption-only mode, minimum size multiple, reversal ticks
• Display: marker shape (circle, square, diamond, text), size step, smallest size, minimum opacity, size text, max bubbles on chart, threshold info box
• Session filter, full color customization
• Alerts: big buying, big selling, absorbed buying, absorbed selling (use "Once per bar close")
IMPORTANT NOTES
• Requires a TradingView Premium or Ultimate plan for footprint data.
• Footprint data is aggregated per price level per bar. A bubble shows that a large amount of aggressive volume traded at that price in that bar. It cannot tell whether that was one large order or many smaller ones.
• In Automatic mode, the script needs a short warm-up before bubbles appear.
• Default settings are tuned for NQ on the 1-minute chart.
This indicator is for educational and analytical purposes only and is not financial advice.
OVERVIEW
Highlights unusually large aggressive buying and selling at the exact price where it happened, and flags absorption: when a big push fails to move price.
• Blue bubbles – large aggressive buying (lifting the ask)
• Magenta bubbles – large aggressive selling (hitting the bid)
• Orange "A" – absorbed buying: big buying that failed to lift price (bearish)
• Cyan "A" – absorbed selling: big selling that failed to push price lower (bullish)
Bubbles grow larger and more opaque the further volume exceeds the threshold. Hover over any bubble to see its size, price, and how many times the threshold it was.
HOW IT WORKS
The script reads TradingView's native footprint data, which records how much volume traded at the ask and at the bid at each price level inside every bar. By default it uses 1 tick per row, so every individual price is checked.
Each price level's buy volume and sell volume are compared with a threshold:
• Automatic (default) – the threshold adapts to recent activity. A level only counts if it's in the top percentile of recent price levels (Low / Medium / High intensity, or a custom percentile). This adjusts naturally to quiet and busy sessions.
• Manual – fixed contract sizes, with optional minimum and maximum filters.
Only the largest levels per bar are drawn (adjustable) to keep the chart readable. Bubbles are drawn on confirmed bars only, so they do not repaint.
ABSORPTION
After a big trade prints, the script watches the next few bars. If big buying fails to push price a set number of ticks higher, and the window closes back below the bubble, it's flagged as absorbed (and vice versa for selling). This often indicates a large passive participant absorbing aggressive orders.
To see only significant absorption, turn on "Show absorption only," set a minimum size multiple (for example 2x the threshold), and require a reversal in ticks so only absorption that actually turned price is shown.
SETTINGS
• Footprint: ticks per row
• Detection: automatic or manual filter, intensity, lookback, automatic minimum, maximum size, side dominance %, max bubbles per bar, buy/sell toggles
• Absorption: window, follow-through ticks, close requirement, absorption-only mode, minimum size multiple, reversal ticks
• Display: marker shape (circle, square, diamond, text), size step, smallest size, minimum opacity, size text, max bubbles on chart, threshold info box
• Session filter, full color customization
• Alerts: big buying, big selling, absorbed buying, absorbed selling (use "Once per bar close")
IMPORTANT NOTES
• Requires a TradingView Premium or Ultimate plan for footprint data.
• Footprint data is aggregated per price level per bar. A bubble shows that a large amount of aggressive volume traded at that price in that bar. It cannot tell whether that was one large order or many smaller ones.
• In Automatic mode, the script needs a short warm-up before bubbles appear.
• Default settings are tuned for NQ on the 1-minute chart.
This indicator is for educational and analytical purposes only and is not financial advice.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。