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!
릴리즈 노트
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.
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.