Volume Spike Strategy — Indicator by xxattaxx-DisDev

Volume crypto

This is a Pine Script implementation of “Capitalize AI: Volume Spike Strategy" by Bitcoin Trading Challenge (copied with permission).

Original Capital AI formula :

If BTC/USD 1 minute volume > BTC/USD average volume in 20-1m bar by at least 500% and if BTC/USD is below the MA(5,1m,close) of BTC/USD then buy 10,000 USD WORTH of BTC/USD

Tested on XBTUSD 1 minute.

Original strategy is buy-only. Option for sells was added (enable in settings).

First published script -- comments/feedback appreciated

Release Notes:

Enable "sell" opiton

USDT(TRC20):THb7BFnXP3FceQDSoLqG8DiE7KrfjZLJn7
USDT(ERC20):0xe5f4aab4dd0f297843146d51605010bf2c2f83e7
BTC:19VVs5MGYi9gWDoHZVwqpiXfqao3WpePRY
Link:0xe5f4aab4dd0f297843146d51605010bf2c2f83e7
ETH(ERC20): 0xe5f4aab4dd0f297843146d51605010bf2c2

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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