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Date/Time: Mon, 01 Jul 2024 21:41:25 +0000



Post From: ABSORTION within Numbers Bars

[2020-06-06 03:44:08]
Dietmar - Posts: 5
Without being able to do ACSIL studies myself I am seeeking to find an easy possibility to highligt absorption within numbers bars.

What i mean is to highlight

TOPs (or BOTTOMS ) OF A BAR WHERE "RELEVANT" VOLUME WAS TRADED AT THE ASK OF THE PRICE WITHOUT FURTHER PRICE-MOVE UPWARDS (and vice versa)

Example: Price gets up from 1300 to 1303 . At 1303 all the offers (lets say more than 200 contracts ) traded at 1303
are traded without lifting the offer price any more. The Numbers bars would show for example 0 x 200 ( Bid x Ask) an price would not move upwards.

Thank you !