Smooth Trader Absorption Signals

Full Description: Smooth Trader Delta Signal SystemThis indicator provides traders with a focused, high-signal-to-noise tool centered on volume delta dynamics and momentum shifts. It combines targeted entry signals with visual delta analysis and a built-in trend context — without unnecessary overlays or excessive features.
Core Components and Logic
*Power Long (PL) & Power Short (PS) Signals
PL signals identify potential bullish entries: bearish delta divergence on the prior bar followed by a confirmed bullish candle (large body relative to ATR and average volume, or any candle based on user preference). PS signals detect bearish reversals symmetrically.
Consecutive signals are filtered (optional) to reduce noise in choppy markets. Signals alternate via a state machine to ensure clean, non-overlapping alerts.
*Volume Delta Histogram (VDH)
Displays cumulative buy/sell volume delta using lower-timeframe precision (enum-selectable: Long, Medium, or Short Range Look Back).
Resets on user-defined conditions (Never, Higher TF interval, or regular session start).
Visualized as columns with customizable bull/bear colors; session high/low extremes are highlighted with lines and labels for context.
*Delta Absorption Candles
Detects divergence between price direction and delta volume (e.g., bullish price move on bearish delta indicates absorption).
Highlighted via optional candle coloring (divergence-specific colors) or baked into the main chart candle gradient for quick visual confirmation.
*Trend Heat Map (Integrated Candle Coloring)
Applies a gradual color gradient to candle bodies based on multi-timeframe VIDYA-based z-score average (first-bar preset assignment for efficiency).
Colors shift smoothly from neutral gray to bullish teal or bearish magenta as momentum strengthens/weakens across selected timeframes. This provides ongoing trend context without separate plots.
Key Optimizations & RefinementsAll inputs use enum types for intuitive selection and reduced errors.
*Calculations refactored from methods to functions for cleaner structure and performance.
*Lower-TF library upgraded to v5; unused/duplicate security calls removed.
*Presets processed only on first bar; histogram scaling and visual values refined for consistency.
*Format set to price (precision 0) for better chart integration; default colors updated for readability.
How to Use
1. Add the indicator from Invite-Only Scripts .
2. Customize via enums: signal type (Trend/All), consecutive filter, VDH reset/precision, timeframe preset.
3. Monitor PL/PS labels for entries; use delta histogram for volume confirmation and absorption candles for reversal context.
4. Candle heat map shows trend strength — stronger gradients indicate higher conviction.
5. Set alerts on PL/PS conditions for real-time notifications.
This tool is designed for discretionary traders on 5–60m timeframes in volatile markets (forex, crypto, indices). It requires TradingView Premium for full invite-only access.Disclaimer
This indicator is for educational and informational purposes only. No trading advice is provided. Past performance does not guarantee future results. Trading involves substantial risk of loss. Use at your own risk. The logic is original with refinements for efficiency and focus; no performance guarantees are made.
Script sob convite
Somente usuários aprovados pelo autor podem acessar este script. Você precisará solicitar e obter permissão para usá-lo. Normalmente, essa permissão é concedida após o pagamento. Para obter mais detalhes, siga as instruções do autor abaixo ou entre em contato diretamente com LuSmoothTrader.
A TradingView NÃO recomenda pagar ou usar um script, a menos que você confie totalmente em seu autor e entenda como ele funciona. Você também pode encontrar alternativas gratuitas e de código aberto em nossos scripts da comunidade.
Instruções do autor
Aviso legal
Script sob convite
Somente usuários aprovados pelo autor podem acessar este script. Você precisará solicitar e obter permissão para usá-lo. Normalmente, essa permissão é concedida após o pagamento. Para obter mais detalhes, siga as instruções do autor abaixo ou entre em contato diretamente com LuSmoothTrader.
A TradingView NÃO recomenda pagar ou usar um script, a menos que você confie totalmente em seu autor e entenda como ele funciona. Você também pode encontrar alternativas gratuitas e de código aberto em nossos scripts da comunidade.