Absorption Level Settings in Volume Imprint

[inderz]

Hello,

Can anyone explain what the "Absorption Level" means in the Volume Imprint chart settings? You can go from 1 to 1000+. Is this in reference to the number of ticks away this absorption took place from an imbalance? Which imbalance would it be referencing? Imbalance 1, 2, or 3?

Thanks,

Inder

 

[Donovan2580]

Hello,

Can anyone explain what the "Absorption Level" means in the Volume Imprint chart settings? You can go from 1 to 1000+. Is this in reference to the number of ticks away this absorption took place from an imbalance? Which imbalance would it be referencing? Imbalance 1, 2, or 3?

Thanks,

Inder

Look at my reply in this thread:

V

Thread 'Footprint - Absorption'

Sep 14, 2022

Hello, I am trying to understand absorption and imbalance better... I am wondering if anyone could help me understand the absorption levels highlighted on the chart with respect to my settings? I see both a bid and ask outline. Does the absorption level outline bid color (red) if we have positive delta and the sellers were "absorbed" with a reversal of 25 ticks? I am not sure if my colors are correctly corresponding to the appropriate buy or sell absorption... Thank you..

• VPOC_trader
• Replies: 10
• Forum: Order Flow and Volume