Mr Renev Dump alertHere is a script to know when big dumps, and pumps, are happening.
Meant for crypto (I know that's what most people are interested in - it's a mistake) and small caps.
Might work for other things have not checked.
With some random small cap:
Euphoria
Wall Street Cheat Sheet - Live and Death RunHi,
This script was inspired by Wall Street Cheat Sheet and a video published by "Gold 2020 Forecast" www.youtube.com .
I was trying to check if what the video claims as a unique pattern is true.
It looks like - either my script is rubbish (which might be as it's one of my first scripts in this programming environment) or this pattern it's not identified correctly.
In general this script should idnetify the euphoria phase on the market (1 or 2 down candels followed by 6 to 8 up) or the end of the depression (1 or 2 up followed by 6 to 8 down).
In my opinion those conditions do not determine and identify market phases correctly.