Mr Renev Dump alert — Indicator by MrRenev

volatility pricesheer pump dump capitulation bullstart exponential euphoria

Here is a script to know when big dumps, and pumps, are happening.
Meant for crypto (I know that's what most people are interested in - it's a mistake) and small caps.
Might work for other things have not checked.

With some random small cap:

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.

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.

Want to use this script on a chart?