OPEN-SOURCE SCRIPT
Pump & Dump Detector v6
Overview:
The Pump & Dump Detector v6 is a powerful TradingView indicator designed to identify rapid bullish (pump) or bearish (dump) price movements in real time. By combining Rate of Change (ROC), candle volatility, and volume analysis, this indicator highlights extreme market moves that could indicate momentum spikes, retail-driven activity, or potential manipulations.
Key Features:
ROC-Based Detection: Detects strong upward or downward price momentum over a configurable period.
Volume Confirmation: Filters signals based on volume exceeding a simple moving average, reducing false alerts.
Customizable Candle Filters: Ensures signals are triggered only when the candle shows meaningful movement.
Visual Alerts: Displays clear green (pump) and red (dump) markers on the chart with customizable size.
Real-Time Alerts: Sends instant notifications when pump or dump conditions are met, once per bar.
User-Friendly Inputs: Adjust ROC length, thresholds, minimum candle move, and volume MA length to fit your trading style.
Community-Oriented: As a trader and software professional, I noticed that most pump/dump indicators are restricted access. I developed this indicator to be free for all, helping the trading community.
How to Use:
Green triangle below the bar → Pump detected; consider bullish setups.
Red triangle above the bar → Dump detected; consider bearish setups.
Use in conjunction with other technical analysis tools for confirmation.
Alerts can be used for automated notifications or trading strategies.
Why It’s Useful:
This indicator saves time and enhances decision-making by spotting extreme price moves early, giving traders an edge in volatile markets. Ideal for intraday, swing, and crypto traders looking to capitalize on sudden momentum shifts.
The Pump & Dump Detector v6 is a powerful TradingView indicator designed to identify rapid bullish (pump) or bearish (dump) price movements in real time. By combining Rate of Change (ROC), candle volatility, and volume analysis, this indicator highlights extreme market moves that could indicate momentum spikes, retail-driven activity, or potential manipulations.
Key Features:
ROC-Based Detection: Detects strong upward or downward price momentum over a configurable period.
Volume Confirmation: Filters signals based on volume exceeding a simple moving average, reducing false alerts.
Customizable Candle Filters: Ensures signals are triggered only when the candle shows meaningful movement.
Visual Alerts: Displays clear green (pump) and red (dump) markers on the chart with customizable size.
Real-Time Alerts: Sends instant notifications when pump or dump conditions are met, once per bar.
User-Friendly Inputs: Adjust ROC length, thresholds, minimum candle move, and volume MA length to fit your trading style.
Community-Oriented: As a trader and software professional, I noticed that most pump/dump indicators are restricted access. I developed this indicator to be free for all, helping the trading community.
How to Use:
Green triangle below the bar → Pump detected; consider bullish setups.
Red triangle above the bar → Dump detected; consider bearish setups.
Use in conjunction with other technical analysis tools for confirmation.
Alerts can be used for automated notifications or trading strategies.
Why It’s Useful:
This indicator saves time and enhances decision-making by spotting extreme price moves early, giving traders an edge in volatile markets. Ideal for intraday, swing, and crypto traders looking to capitalize on sudden momentum shifts.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.