OPEN-SOURCE SCRIPT

Pump & Dump Detector (sensitive)

1 062
📊 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!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.