PROTECTED SOURCE SCRIPT

Dr. Pump

Updated
This script is designed for crypto markets, and more specifically for all sorts of all coins that are typically traded in a form of pump-and-dump scheme.

It tries to detect pumping formations, based on statistical significant difference between short term volume spikes and long term volume.

The script also includes an alert condition, so you can receive an alert whenever a pump is detected. This can be considered as a good entry point.

Standard configuration (time window of 42, threshold of 70 and 3) gives decent results.
Release Notes
- Added a 9EMA/30WMA trend line to spot divergences between price and volume
- Added a strength index line for outflow
Release Notes
  • Added the script as overlay
  • Removed visual clutter
  • Added extra checks to remove fake pumps
Release Notes
  • added new alerts
  • added posibility to show stoploss based on ATR
Release Notes
fixed minor issues
Release Notes
- added pump score
- added updated icons
Release Notes
- added extra alerts
Volume IndicatorVolume

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?

Disclaimer