This indicator picks ups a particular breed of pump and dump. It requires a lot of setup for a chart to pump or dump and it typically involves breaking the parallel channel of current price action. In this case the script is looking for rare moments support and resistance is pushed to its extreme allowing price action to easily setup this move as it ducks through a very strong dynamic support and resistance band. Sensitivity can be adjusted in the settings. For slower charts like weekly or monthly you can push it all the way to extreme. For faster charts like 4hr and hourly slow it down. It's a good idea to tune it to whatever chart and timeframe you are looking at.
You make great Indicators man :) We are about to buy your Indicators for Lifetime, However we would to have a trial first, could you please give us access for a week for all your indicators? Would be really nice. Thanks and have a great day :)
Best regards ProMi
funnelnomad
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How do you set alerts for it?
cajarubia78653
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Almost got rekt in this bearmarket, I started crypto in the beginning of the bear market;(. After I discovered your great indicators I can earn money instead of losing money. I am also more relaxed in trading because I have more trust in the indicators. Right now saving some money for Boom Hunter XL. I never say I LOVE YOU! But for you I make an exception veryfid!!
veryfid
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@cajarubia78653, haha great to hear you are doing well. Happy trading!
yousefx1
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Great work. Can you make a strategy to test this indicator?
cajarubia78653
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Just added to chart, but Pump and Dump signals are very rare. 1 dump and 1 pump signal in the last week. It does not matter what timeframe or sensitivity I use. Indicator is very new so maybe needs some adjusting...
veryfid
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@cajarubia78653, Hi, I explain in the description "the script is looking for rare moments support and resistance is pushed to its extreme". These movements do not happen everyday...
Awsm-Jack
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Thank a lot for your work ! Could you add an alert for the appearance of pump/dump signals ? Thanks for your time !
Amrahsmylv
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I cant find this bro.
veryfid
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@Amrahsmylv, It just got uploaded, give it some time to update the public library cache
You make great Indicators man :)
We are about to buy your Indicators for Lifetime, However we would to have a trial first, could you please give us access for a week for all your indicators?
Would be really nice. Thanks and have a great day :)
Best regards
ProMi