TheTradingParrot

Pump blaster based on Pump Finder

This is based on a video I watched while searching for good indicators to use for scanning pumps across the crypto market.

You can probably find the video by searching for "Pump Finder On 15 Minute Chart With Best Trading Indicators".

The approach presented uses LSMA and BB B% to detect pumps.

Results:
It does detect many pumps, it also detects many dumps...
I'm not very impressed after this first attempt but might give it another try if I come up with maybe something I'm doing wrong while trying to automate in a script the original strategy from the video.


Instructions:
This indicator is compatible with the backtest script we use.
It plots 1 for buy and 2 for sell. The rest of the plots are for debugging the strategy and can be ignored.
It's meant to be used on 15mins tf


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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

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