OPEN-SOURCE SCRIPT

able bigtrades dom + liquidity sweep

99
This Pine Script is a sophisticated **Order Flow and Liquidity analysis tool** designed for TradingView. It combines volume analysis, multi-exchange data, and price action to identify where institutional "whales" are entering the market.

Below is a detailed guide on how to interpret and use the **BigTrades DOM** indicator.

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## 1. Core Concept: Big Trades Detection

Instead of looking at raw volume, this indicator uses **Z-Scores** (Standard Deviations). It compares current volume to the average of the last 30 bars (customizable).

* **Tier 1 (Small Circles):** Significant volume, slightly above average.
* **Tier 2 (Medium Circles):** High volume ( by default). These often act as local support/resistance.
* **Tier 3 (Large Circles):** Extreme volume. These represent institutional "Big Trades" that usually lead to trend reversals or major continuations.

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## 2. Initiative (INIT) vs. Absorbed (ABS)

This is a powerful feature located in the **Confirmation** settings. It looks at what happens *after* a Tier 3 big trade occurs:

* **Initiative (Purple Circle `●`):** High volume occurs, and price **moves strongly** in that direction within bars. This confirms aggressive "Initiative" buying or selling.
* **Absorbed (Yellow Cross `✕`):** High volume occurs, but price **fails to move**. This indicates "Absorption"—where a large limit order (passive seller) is soaking up all the aggressive market buys, often leading to a reversal.

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## 3. Liquidity Sweep Detection

The script tracks "Pivots" (old highs and lows) and watches for **Stop Runs**.

* **Bullish Sweep (LTL-SWEEP):** Price dips below a previous Low (Liquidity) but immediately closes back above it, usually accompanied by a Big Trade. This is a classic "Stop Hunt" before a move up.
* **Bearish Sweep (LTH-SWEEP):** Price spikes above a previous High but closes below it. This indicates "trapped longs" and potential downside.
* **Visuals:** The script draws a **Dotted Box** and a **Horizontal Line** to mark the swept liquidity zone.

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## 4. The Mini DOM & Volume Profile

On the right side of your chart, you will see a real-time table:

* **Profile:** A visual histogram of volume distributed at specific price levels.
* **Bid/Ask:** Shows the estimated volume of sellers (Bid) and buyers (Ask) at those specific levels.
* **Delta (Δ):** The net difference. Green means more aggressive buyers; Red means more aggressive sellers.
* **Current Price:** Highlighted in Green to help you see where the "Value" is currently sitting.

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## 5. Multi-Exchange Aggregation (Crypto Only)

If you are trading a crypto pair (e.g., BTCUSD), the script can fetch volume data from **Binance, Bybit, OKX, Coinbase, and Kraken** simultaneously.

> **Why it matters:** It gives you a "Global" view of volume. If you see a Big Trade on your chart, but the Multi-Exchange data shows high volume across all 5 exchanges, the signal is much more reliable.

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## 6. How to Trade with this Indicator

### **Strategy A: The Liquidity Reversal**

1. Look for a **Liquidity Sweep** (LTL-SWEEP).
2. Wait for a **Big Trade (Tier 2 or 3)** to appear at the bottom of the sweep.
3. **Entry:** Long when the bar closes back above the sweep level.
4. **Target:** The opposite Liquidity High.

### **Strategy B: Following Initiative**

1. Wait for an **INIT (Purple Circle)** signal.
2. This confirms that the "Big Trade" has successfully pushed the market.
3. **Entry:** Enter in the direction of the INIT signal on the next pullback.

### **Strategy C: Fading Absorption**

1. Price reaches a resistance level.
2. An **ABS (Yellow Cross)** appears.
3. This means buyers are exhausted and being "absorbed" by a large seller.
4. **Entry:** Short on the break of the Absorption candle's low.

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## 7. Recommended Settings

* **Sensitivity (Sigma):** Set to `2.5` for volatile markets (Crypto) or `2.0` for slower markets (Forex/Stocks).
* **Normalize by ATR:** Keep this **ON**. it ensures that "Big Trades" are calculated relative to current market volatility.
* **Require Big Trade (Sweep):** Keep this **ON** to filter out "fake" sweeps that don't have institutional backing.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.