Absorption & Delta Volume-{Jebri}

Absorption & Delta Volume Indicator - How It Works

1️⃣ Delta Volume Calculation:
• Buy Volume = Volume of green candles.
• Sell Volume = Volume of red candles.
• Delta Volume = Buy Volume - Sell Volume.

2️⃣ SMA of Delta Volume:
• Smooths Delta Volume to show trends.
• Rising SMA = More buyers. Falling SMA = More sellers.

3️⃣ Absorption Detection:
• If Delta Volume exceeds threshold, absorption occurs.
• Green marker = Buy absorption (potential short).
• Red marker = Sell absorption (potential long).

4️⃣ Usage:
• Histogram = Shows buy/sell pressure.
• SMA Line = Helps spot trends.
• Markers = Indicate reversal points.

👉 Use with support/resistance & liquidity zones for confirmation. 🚀