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FREQ

Tesla CoilThis indicator reads the charts as frequency because the charts are just waves after all. This is an excellent tool for finding "Booms" and detecting dumps. Booms are found when all the frequencies pull under the red 20 line. Dumps are detected when all the lines drag themselves along the 20 line as seen is screenshots below. Below is another 2 examples of a "boom". Everything sucks in before exploding out. Below is an example of a dump:
Pine Script® indicator
by veryfid
Updated Jan 4, 2022
9999

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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