OPEN-SOURCE SCRIPT

[DM] Price Drop!

Updated
A really simple script which can be used to alert you to when there are sudden price movements in a particular asset. I haven't used it in a long time and am no longer sure if it works properly so use with caution! Publishing based on a request to share it.
Release Notes
Emphasising that the trigger can be a price increase as well as a drop
Release Notes
5% threshold
Volatility

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.

Want to use this script on a chart?

Disclaimer