The Ratio Highlight indicator highlights through markers on vertical bars those that have a Ratio High and Ratio Low meeting certain user-defined parameters. This indicator helps traders detect potential buyer and seller Absorption by analyzing the ratio of trading activity between consecutive ticks.

Using Settings

Clicking on the indicator's settings icon will open its configuration window, within which you will be able to make several choices regarding the functionality of the indicator itself.

Ratio Settings

Lets you define which ratio to highlight on the bars:

• Bars: Highlights Ratio High in bearish bars and Ratio Low in bullish bars. This default mode shows both buyer and seller exhaustion signals.

Min Ratio

Defines the minimum value of the Ratio threshold. Only bars with ratio values at or above this minimum will be highlighted.

Maximum Ratio

Defines the maximum value of the Ratio threshold. Only bars with ratio values at or below this maximum will be highlighted.

Plot Settings

Bid Absorption Color

Defines the color of the marker for Ratio Low (seller exhaustion). This color will be displayed on bars showing significant sell-side weakness.

Ask Absorption Color

Defines the color of the marker for Ratio High (buyer exhaustion). This color will be displayed on bars showing significant buy-side weakness.

Opacity

Defines the opacity (transparency) of the markers. Lower values make markers more transparent, while higher values make them more opaque and visible on the chart.