LiquidityPulse MTF Intrabar Micro-Structure Absorption DetectorLiquidityPulse MTF Intrabar Micro-Structure Absorption Detector
Non-repainting: Markers appear on bar close and do not change.
Important (if you can’t see any markers)
This indicator measures intrabar micro-structure and it can use seconds-based micro data on lower timeframes.
If you load it and don’t see anything:
Go to 15m or higher, or
In settings, change Micro feed (inside HTF bar) from Auto to 1m / 5m / 15m.
Auto will often choose a “micro” feed that’s very small when your HTF is small, which can affect what you see.
What this indicator does
This script is designed to highlight absorption-like conditions by analysing what happens inside each higher-timeframe (HTF) candle — not just the candle’s OHLC.
It looks for candles where:
price moves a lot internally (high intrabar activity),
the candle structure shows churn / rejection (wick dominates body),
and participation is elevated (relative high volume).
When those conditions align, the indicator prints a marker line at the wick extreme:
LW (Lower-wick marker) = printed at the candle’s low
UW (Upper-wick marker) = printed at the candle’s high
Each marker is then extended to the right (so it can be treated like a potential level).
Image shows a wick-dominant candle with an absorption marker: Markers appear when price shows strong intrabar movement, a wick-dominant candle structure, and elevated participation — a combination often associated with absorption-like behaviour.
How it works
A marker is created only when all three filters pass on a confirmed candle close:
1) Intrabar micro-speed (internal activity)
The script pulls intrabar closes from a lower timeframe (“micro feed”) and sums the absolute internal price changes inside the HTF candle.
It then converts this to a Z-score and checks it against the Speed-z threshold.
Higher threshold = fewer, stronger events.
2) Wick vs body (churn / rejection structure)
This measures how the HTF candle’s internal range compares to its net close-to-open movement using:
Churn ratio = (HTF range) / (HTF body)
If the candle has a large range but a relatively small body, it indicates that price moved extensively during the candle but made limited net progress by the close — a structure often associated with active two-sided participation and absorption-like behaviour.
3) Relative HTF volume (participation filter)
The script also Z-scores HTF volume and requires it to exceed the Volume z-score threshold.
This helps filter out candles that show apparent activity but occur on relatively low participation.
Multi-timeframe + micro-structure analysis: Image shows a 15 minute chart marker on the 1 minute timeframe. The indicator can analyse higher-timeframe candles (15 minute) while using lower-timeframe micro data inside each bar (1 minute). This allows absorption-style markers to be plotted with higher-timeframe context and intrabar detail.
Composite Intensity
When a marker triggers, the script calculates a Composite Intensity number (CI):
It’s a combined score based on how strongly each of the three conditions exceeded its threshold.
Higher CI = stronger absorption-style event
Higher CI = brighter chart marker
The table shows:
HTF and Micro timeframes being used
the last marker type (LW or UW)
the last CI value
Micro feed & multi-timeframe behaviour
This indicator always works as a two-layer system:
HTF candle (context) → the candle you’re analysing
Micro feed (inside HTF bar) → the intrabar data used to measure micro-speed
Higher-TF source
Chart timeframe = uses your chart timeframe as HTF
Manual = choose any HTF (example: chart = 1m, HTF = 15m → prints 15m absorption markers onto a 1m chart)
Micro feed options
Auto (recommended) picks a sensible micro feed based on HTF
Or choose 1s / 1m / 5m / 15m manually for performance/clarity
HTF direction filter (optional)
When enabled:
LW markers only print when the HTF candle closes bullish
UW markers only print when the HTF candle closes bearish
This is optional and is designed to reduce noise by aligning markers with the directional bias of the higher-timeframe candle.
Traders can use the absorption markers to:
Identify potential areas of interest where price showed unusually high intrabar activity but limited net progress by the close.
Mark reference levels where price may react again later, reflecting prior elevated participation and extensive intrabar movement areas.
Add structural context to existing analysis such as trend structure, support/resistance, session highs/lows, or other volume-based tools.
Compare behaviour across timeframes, by observing how absorption-style events on a higher timeframe align with lower-timeframe price action.
Image shows price reacting to a previous absorption markers level (Lines/ levels can be extended in the settings): Extended LW / UW markers can be observed as areas of prior absorption-like activity. Traders may watch how price behaves around these levels (reaction, acceptance, or rejection) alongside their own structure, liquidity, or risk management tools.
Key settings (what they change)
Higher-TF source / Higher-TF bar (manual): which candle timeframe is analysed
Micro feed (inside HTF bar): what intrabar resolution is used to calculate micro-speed
Speed-z threshold: how unusual intrabar activity must be
Wick/Body threshold: how large the candle’s total range must be compared to its body
Volume z-score threshold: how elevated HTF volume must be
Z-score look-back: how far back the indicator normalises speed/volume
Line extension (bars): raise if you want markers to behave more like extended levels
Max markers: how many markers remain on the chart at once
Alerts
Alerts trigger on candle close when an absorption marker is detected.
Disclaimer
This indicator does not measure true order flow or the full limit order book. It uses intrabar price activity, candle structure, and relative participation as interpretive tools to highlight absorption-like behaviour. It is not a buy/sell system, and all signals should be used with traders own confirmation and risk management.
Индикатор Pine Script®
