Like the nature, markets don't like the void, and this is something we can take advantage of by trading gaps on some markets. This technique is well known, so I wanted to write a tiny script based on this strategy to get a bit more comfortable with it. IMPORTANT: Default parameters wont give you good trades on every markets, you need to modify these parameters...
Basic candle patterns marker marks: - Doji stars - Doji graves - Doji dragonflies - Hammers - Reversed hammers - Hanging mans - Falling stars - Absorption up/down - Tweezers up/down - Three inside ups/downs
Basic script that sees where absorption maybe occurring by looking at the volume of the last 4 candles relative to the distance of their range.
This script is designed to alert one to the possible presence of hidden walls, or visible, that are absorbing a lot of volume without letting price change. Therefore acting as Support and Resistance.