OPEN-SOURCE SCRIPT
Bitnode Market Sentiment Indicator
The Bitnod Market Sentiment Indicator leverages volume analysis and price action to detect significant market movements, providing buy and sell signals based on large volume spikes and price trends. Ideal for traders looking to capture market psychology and spot accumulation or distribution phases, this indicator combines trend-following and volume-based signals to highlight key entry and exit points.
Open-source script
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 publication is governed by House rules. You can favorite it to use it on a chart.
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