Market Maker Aggression & Panic Here's how it works:
Bollinger Bands: The script calculates and plots the Bollinger Bands, which helps you identify potential aggressive buying or panic selling when the price breaks above or below the bands.
Volume Analysis: It checks for volume spikes compared to the average volume over a specified period. If the volume exceeds a defined threshold, the background color changes to orange, indicating a potential market maker reaction.
Alerts: Alerts are set for volume spikes, aggressive buying (when the price breaks above the upper Bollinger Band), and panic selling (when it drops below the lower Bollinger Band). Feel free to customize the parameters to fit your trading style!
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.