Marks a price level that was hit by aggressive trades and got its size back within a few seconds.
In plain English
What it shows
- An R marker when a resting level is hit by aggressive orders and then gets its size back within a few seconds. Green is a refilled bid, red a refilled ask.
How traders use it
- Look at where refills happened and what price did around them.
- Use it to study how the book behaves at busy levels.
What it does not tell you
- A refill can come from many small orders, so it is a hint, not proof of one large order.
- It describes the past, not a signal.
Overview
Refill Detector (L2) puts an R marker on the chart when a resting level is hit by aggressive trades and then refills.
A refilled bid is drawn green and a refilled ask red.
How it works
A level counts as hit when trades take at least 30 % of its size. It counts as refilled when its size returns to at least 70 % of what it was before the hit, within 3 seconds. All three settings can be changed.
How to use it
- Use it to see levels where someone keeps showing size after being hit.
- Some traders watch repeated refills at the same price.
- Combine it with Absorption to compare refills with price not moving.
These are ways some traders read it, for learning. They are not trade signals.
Settings
| Setting | Default |
|---|---|
| Refilled to at least (% of the size before the hit) | 70 |
| Within (seconds) | 3 |
| Level hit by at least (% of its size) | 30 |
| Show the R label | On |
| Bid refilled (supports up) | #03c988 |
| Ask refilled (supports down) | #f23645 |
Notes and limits
- Pro: needs the full order book (Data feed L2).
- Needs the full order book (Data feed L2), which is part of Pro. Works on NQ, ES, YM, RTY, CL and GC futures (micros use their mini's book) and on crypto order books.
- A refill can come from many different orders; it is a hint, not proof of one large order.
Education only. Not financial advice. Indicators mark what happened on the chart; they do not predict what price will do. Trading futures, forex, crypto and other markets carries a high level of risk and may not be suitable for everyone.