OPEN-SOURCE SCRIPT

Pump & Dump Detector (sensitive)

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📊 Pump & Dump Detector — Volatility & Volume-Based Impulse Scanner
Description:

This indicator is designed to detect early and confirmed signs of high-impact market movements, such as pumps (sharp price increases) and dumps (sharp price drops). It intelligently combines multiple market signals to provide timely alerts of potential momentum spikes.

🔧 Components & Logic:
1. Price Change (%):
Compares the current closing price to the previous one. This is used as the main trigger for confirmed pump or dump detection.

2. Volume Spike:
Detects abnormal activity by comparing the current volume to the moving average over a user-defined period. If the current volume exceeds the average by a specified multiplier (default: 1.8x), a spike is detected.

3. Volatility Spike (High - Low):
Measures bar expansion. A sudden increase in bar range often indicates breakout conditions or liquidation events.

4. NATR (Normalized ATR):
Normalized Average True Range is calculated as (ATR / Close) * 100, making volatility comparable across all timeframes and instruments.

5. Min Volume Filter:
Filters out signals from low-liquidity coins to reduce false alerts and market noise.

🧠 Why It’s Useful:
This is not a mashup of random indicators, but a thoughtfully engineered system where each filter strengthens the signal validity.
It allows you to spot explosive moves before they fully unfold, making it ideal for:

Intraday scalping

Altcoin watchlists

Flash crash detection

Early reversal or breakout trades

🖥 How to Use:
Add the indicator to any crypto chart.

Enable alerts for:

🚨 Early Pump

💥 Confirmed Pump

🔻 Early Dump

🔥 Confirmed Dump

React to confirmed signals using your preferred strategy — breakout, fade, or continuation.

Use in combination with key levels, orderbook data, or trend filters for best results.

📌 Example Use Case:
On a 5-minute chart of a low-cap altcoin, the indicator may issue an early signal when:

Price increases by more than 2.5%

Volume is 2x the average

Bar range is significantly larger than the recent average

NATR is above its smoothed average × 1.2

🛡 Originality & Purpose:
This script was not built to simply combine popular indicators, but to serve a very specific use-case — detecting early-stage pumps and dumps.
By blending classic tools (like volume, ATR) with contextual filters, it becomes a true pattern-based predictive signal, not a repackaged overlay.

💬 Have ideas or suggestions? Leave a comment below — I’m always open to collaboration!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.