Pump Alert Strategy
Hi Everyone,
Requested by another user, here is the strategy version of the "Pump Alerts" study from @herrkaschel (which was based as well from "Pump Catcher" by @joepegler)
For the entry you can decide whether you want to enter on small pump, big pump or both signal.
I added a trailing stop loss for the exit
Pump Alerts 🚀 attempts to "detect moments of abnormal and accelerating increase in volume" AKA "pumps". Small and big pumps.
While migrating the script I have found that the TSL of 5% with a timeframe of 30 minutes wasn't too bad.
Free and Open Source. Let me know how you use it or if you have some idea on how to improve this current strategy!
Requested by another user, here is the strategy version of the "Pump Alerts" study from @herrkaschel (which was based as well from "Pump Catcher" by @joepegler)
For the entry you can decide whether you want to enter on small pump, big pump or both signal.
I added a trailing stop loss for the exit
Pump Alerts 🚀 attempts to "detect moments of abnormal and accelerating increase in volume" AKA "pumps". Small and big pumps.
While migrating the script I have found that the TSL of 5% with a timeframe of 30 minutes wasn't too bad.
Free and Open Source. Let me know how you use it or if you have some idea on how to improve this current strategy!
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