OPEN-SOURCE SCRIPT
Pre-Pump Alert System
designed to identify potential pre-pump opportunities in cryptocurrencies by scanning for specific technical conditions. It combines multiple indicators and conditions to alert you when certain criteria are met, signaling a possible price movement. Here's a detailed breakdown of what your script does:
Key Features of the Script
RSI (Relative Strength Index) Conditions:
Detects when the RSI crosses below 35 (oversold condition) or above 75 (overbought condition).
These levels indicate potential reversal points or local tops/bottoms.
MACD (Moving Average Convergence Divergence) Crossover:
Identifies MACD crossovers on the 4-hour timeframe.
A bullish crossover (MACD line crossing above the signal line) suggests potential upward momentum.
Volume Spikes:
Detects when the current volume is >150% of the 24-hour average volume.
Volume spikes often indicate increased interest and potential price movement.
Price Touching Key EMAs (Exponential Moving Averages):
Monitors when the price touches or crosses key EMAs: 13, 48, and 200.
These EMAs act as dynamic support/resistance levels.
Bollinger Band Squeeze:
Identifies when the Bollinger Bands narrow significantly (a squeeze).
A squeeze often precedes a breakout or strong price movement.
Breakout of Key Support/Resistance Levels:
Alerts when the price breaks above a resistance level or below a support level with volume confirmation.
This indicates a potential trend continuation or reversal.
Key Features of the Script
RSI (Relative Strength Index) Conditions:
Detects when the RSI crosses below 35 (oversold condition) or above 75 (overbought condition).
These levels indicate potential reversal points or local tops/bottoms.
MACD (Moving Average Convergence Divergence) Crossover:
Identifies MACD crossovers on the 4-hour timeframe.
A bullish crossover (MACD line crossing above the signal line) suggests potential upward momentum.
Volume Spikes:
Detects when the current volume is >150% of the 24-hour average volume.
Volume spikes often indicate increased interest and potential price movement.
Price Touching Key EMAs (Exponential Moving Averages):
Monitors when the price touches or crosses key EMAs: 13, 48, and 200.
These EMAs act as dynamic support/resistance levels.
Bollinger Band Squeeze:
Identifies when the Bollinger Bands narrow significantly (a squeeze).
A squeeze often precedes a breakout or strong price movement.
Breakout of Key Support/Resistance Levels:
Alerts when the price breaks above a resistance level or below a support level with volume confirmation.
This indicates a potential trend continuation or reversal.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
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