OPEN-SOURCE SCRIPT
Whale Flow Trend Detector
What This Solves
Traditional volume indicators treat all volume equally. A retail trader buying $100 gets the same weight as an institution moving $10M. This indicator separates whale activity from retail noise to show you when the big players are actually establishing trend positions.
How It Works
Whale Detection Engine:
Identifies volume spikes 1.5x+ average with meaningful price impact
Multi-factor conviction scoring based on volume, price movement, and follow-through
Filters out retail noise and exchange glitches
Trend Flow Analysis:
Tracks cumulative whale direction over time (bullish vs bearish flow)
Shows trend regime changes when whale sentiment shifts
Flow strength meter (-100 to +100) for trend conviction
Conviction Levels:
EXTREME (🐋): Massive volume + big moves + trend alignment + confirmation
HIGH: Strong volume + decent impact + some follow-through
MEDIUM: Above-average activity with minor price impact
Why Crypto-Specific
Crypto markets offer unique advantages for whale detection:
Transparent volume data across all exchanges
24/7 trading shows true institutional vs retail patterns
Whale activity is more visible than traditional markets
No dark pools hiding large orders
Key Features
✅ Real-time whale activity detection
✅ Cumulative flow tracking for trend direction
✅ Multi-timeframe regime analysis
✅ Conviction-based signal filtering
✅ 6 comprehensive alert types
✅ Live whale activity dashboard
✅ Background regime coloring
What You See
Green triangles: Bullish whale activity
Red triangles: Bearish whale activity
Flow line: Cumulative whale sentiment (rising = bullish, falling = bearish)
Conviction labels: Details on volume ratio and price impact
Background colors: Current market regime (bullish/bearish/sideways)
Best Usage
Works on all timeframes but optimal on 4H+ where whale patterns develop.
Perfect for:
Trend following strategies
Institutional flow analysis
Regime change detection
Entry timing with whale confirmation
The Edge
While others chase every volume spike, this indicator shows you when volume actually matters. When whales move, trends follow. When whale flow shifts, regimes change.
Settings Guidance
Conservative: 2.0x volume multiplier, 0.2% min impact
Balanced: 1.5x volume multiplier, 0.1% min impact (default)
Aggressive: 1.2x volume multiplier, 0.05% min impact
Traditional volume indicators treat all volume equally. A retail trader buying $100 gets the same weight as an institution moving $10M. This indicator separates whale activity from retail noise to show you when the big players are actually establishing trend positions.
How It Works
Whale Detection Engine:
Identifies volume spikes 1.5x+ average with meaningful price impact
Multi-factor conviction scoring based on volume, price movement, and follow-through
Filters out retail noise and exchange glitches
Trend Flow Analysis:
Tracks cumulative whale direction over time (bullish vs bearish flow)
Shows trend regime changes when whale sentiment shifts
Flow strength meter (-100 to +100) for trend conviction
Conviction Levels:
EXTREME (🐋): Massive volume + big moves + trend alignment + confirmation
HIGH: Strong volume + decent impact + some follow-through
MEDIUM: Above-average activity with minor price impact
Why Crypto-Specific
Crypto markets offer unique advantages for whale detection:
Transparent volume data across all exchanges
24/7 trading shows true institutional vs retail patterns
Whale activity is more visible than traditional markets
No dark pools hiding large orders
Key Features
✅ Real-time whale activity detection
✅ Cumulative flow tracking for trend direction
✅ Multi-timeframe regime analysis
✅ Conviction-based signal filtering
✅ 6 comprehensive alert types
✅ Live whale activity dashboard
✅ Background regime coloring
What You See
Green triangles: Bullish whale activity
Red triangles: Bearish whale activity
Flow line: Cumulative whale sentiment (rising = bullish, falling = bearish)
Conviction labels: Details on volume ratio and price impact
Background colors: Current market regime (bullish/bearish/sideways)
Best Usage
Works on all timeframes but optimal on 4H+ where whale patterns develop.
Perfect for:
Trend following strategies
Institutional flow analysis
Regime change detection
Entry timing with whale confirmation
The Edge
While others chase every volume spike, this indicator shows you when volume actually matters. When whales move, trends follow. When whale flow shifts, regimes change.
Settings Guidance
Conservative: 2.0x volume multiplier, 0.2% min impact
Balanced: 1.5x volume multiplier, 0.1% min impact (default)
Aggressive: 1.2x volume multiplier, 0.05% min impact
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.