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carlpwilliams2
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MM Detector (Long) 

ETHUSDT Perpetual ContractBybit

الوصف

This script tries to detect a market maker pattern.

A market maker pattern is usually made up of a high volume push down followed by a w pattern.
The script finds a market maker low with unusual volume and then looks for a push high (also with high volume) and usually through the ema 50.
The first push is normally a test but can be a good place to go long.
There are often atleast two pushes up in a MM pattern.

How to use.
Wait for the indicator to detect a market maker push low with high volume.
Along with other confirmations, go long when the indicator prints the first or second long push.
التعليقات
harryorr
Awesome script, please can you update the script to have shorts too?
alpiyandex
thanks, please short
Tkysl
Thank you ! please add shorts too.
المزيد