Dump Alerts


By popular demand: An inverted version of my first indicator Pump Alerts in Pine Script with two alert conditions for trading bots and automated stock trading setups.
It's originally based on "Pump Catcher" by @joepegler

I modified some parts, hopefully improved the usability and enabled alerts, so you can use it to trigger bots like 3commas via webhooks or stock brokers partnering with TradingView.

Dump Alerts 📉 attempts to detect moments of abnormal and accelerating increase in volume concurrent with falling prices AKA "dumps". Small and big dumps.
I recommend trying different timeframes and tinkering with the lookback period as well as both threshold values.
Other than that it's pretty self-explanatory and beginner-friendly.

Free and Open Source. Let me know how you use it!
Notas de prensa: @fauzan428 found a really silly bug in my script. It caused the alerts to fire immediately without a drop in price. The alerts should work properly now.
Script de código abierto

Siguiendo el verdadero espíritu de TradingView, el autor de este script lo ha publicado en código abierto, para que los traders puedan entenderlo y verificarlo. ¡Un hurra por el autor! Puede utilizarlo de forma gratuita, aunque si vuelve a utilizar este código en una publicación, debe cumplir con las Normas internas. Puede marcarlo como favorito para usarlo en un gráfico.

¿Quiere utilizar este script en un gráfico?