pump or dump (without alert)

One of the most important components to predict the movement of the market is to pay attention to the volume of transactions. If you pay attention, always in the areas where the price undergoes large swings and changes its direction, there is a place where it is first close to a support or resistance and Secondly, on the other hand, it has been seen in these areas that the volume of transactions increases significantly. I consider the increase in the volume of transactions to be an important signal to approach an important price level, now if we have an indicator that shows a sudden increase in the volume of transactions to We report and on the other hand, check the size of the candles as an auxiliary parameter, it can give us a very good signal to detect a potential point for price return or the possibility of breaking an important price barrier.
In this indicator, by calculating the volume of transactions in each candle and comparing it with the average volume in a certain period of time determined by the user, we understand whether we have had a sudden increase in the volume of transactions or not. On the other hand, by comparing the size of the candle body with the ATR size that Again, it is measured in a certain period of time, we get a complementary signal. Because we know that when candles are created that are much larger than usual, based on the principle of return to the mean, which is a natural principle, the probability of price return increases. Of course, this It is provided that the candle has not crossed an important level.
Therefore, according to the calculations that this indicator performs on the volume of transactions and the size of the candles and taking into account the support and resistance levels, we can well identify the potential points for creating a pump or dump in the market.

Note: We do not guarantee that you will definitely make a profit with this indicator. Be sure to use the indicator signals along with analysis and price action.