Smashing Pump Delta [by Oberlunar]

21. Jan.

Smashing Pump Δ by Oberlunar

This is a Crypto Δ Volumetric Pump indicator specifically designed to detect crypto pumps. Its primary goal is to highlight moments when buying volume significantly outweighs selling volume on a lower timeframe, suggesting strong upward momentum in the market.

I can't access to the data feed thus the core of its functionality lies in calculating the volume delta Δ in a simpler way... by measuring the difference between aggregated buy and sell volumes. Buy volume is recorded when a lower timeframe candle closes higher than it opened (green candles), while sell volume is recorded when a candle closes lower than it opened (red candles). By focusing exclusively on these buy and sell imbalances, the indicator naturally leans toward identifying positive surges in activity—the hallmark of a pump.

Unlike dumps, which are often accompanied by panic selling and rapid downward movement, pumps are driven by aggressive buying pressure which in crypto assets is very interesting. This indicator is designed to highlight those spikes in buying volume, helping traders pinpoint moments when a significant upward move might be unfolding. It achieves this by tracking the largest volume delta over recent candles and marking it clearly on the chart.

So, if you’re looking for a tool to spot when the bulls are charging, this indicator is your ally.

- Please as in the figure consider the progression of the local maxima before... -

21. Jan.

Versionshinweise

small bug fix

13. Juni

Versionshinweise

added volume trend

14. Juni

Versionshinweise

This indicator is only for "buy" signals on crypto.