Absorption — Bullish or Bearish

Absorption — Bullish or Bearish Only is a lightweight and minimalistic tool designed to identify pure absorption events in the market.
It highlights only two conditions:

Bullish Absorption

• Volume spike
• Small candle body
• Positive delta behavior (close > open)
→ Indicates potential buy-side absorption at lows

Bearish Absorption

• Volume spike
• Small candle body
• Negative delta behavior (close < open)
→ Indicates potential sell-side absorption at highs

This script intentionally keeps the chart clean by marking only “Bullish” or “Bearish” labels, without any additional visuals, colors, or extra signals.

Ideal for traders who want a simple, non-disruptive absorption confirmation tool.