OPEN-SOURCE SCRIPT
Crypto Volume & Volatility Spike Detector

🚀 Volume & Volatility Spike Detector - News Hunter
📊 OBJECTIVE
Detects crypto explosions caused by major news by combining two key signals: simultaneous volume AND volatility spikes.
⚡ HOW IT WORKS
🔍 DOUBLE CONFIRMATION
Volume Spike: Detects when volume exceeds X times the moving average
Volatility Spike: Measures if current ATR exceeds X times its average
Perfect Signal: BOTH conditions simultaneously (red line = 2)
📊 VISUAL DISPLAY
Main Line: 0 to 2 based on number of conditions met
Visual Guides: Blue dots (volume) and purple dots (volatility)
Colored Background: Red = double spike, Orange = single spike
Labels: "VOL" or "ATR" to identify the single condition
⚙️ CUSTOMIZABLE PARAMETERS
📈 Volume
Multiplier (default 8.0): Volume spike sensitivity
Lookback Periods (default 100): Number of candles for average
📊 Volatility
ATR Multiplier (default 3.0): Volatility spike sensitivity
ATR Period (default 14): Average True Range calculation
🎯 RECOMMENDED USAGE
⏰ Timeframe
Optimal: 5 minutes
Compatible: 1m to 1h
🪙 Assets
Cryptocurrencies (Bitcoin, Ethereum, Altcoins)
Perfect for detecting news-driven pumps
📱 Alerts
Single Alert: "🚀 DOUBLE SPIKE EXPLOSION"
Triggers only when volume AND volatility spike simultaneously
Eliminates noise, signals only premium opportunities
💡 ENTRY STRATEGY
Signal: Red line (value = 2) + red background
Confirmation: Bullish closing candle
Context: Overall uptrend or neutral trend
Risk Management: Stop-loss below recent low
⚠️ IMPORTANT
High Selectivity: Very strict default parameters
Rare but exceptional quality signals
Backtesting recommended before live usage
Not financial advice
📊 OBJECTIVE
Detects crypto explosions caused by major news by combining two key signals: simultaneous volume AND volatility spikes.
⚡ HOW IT WORKS
🔍 DOUBLE CONFIRMATION
Volume Spike: Detects when volume exceeds X times the moving average
Volatility Spike: Measures if current ATR exceeds X times its average
Perfect Signal: BOTH conditions simultaneously (red line = 2)
📊 VISUAL DISPLAY
Main Line: 0 to 2 based on number of conditions met
Visual Guides: Blue dots (volume) and purple dots (volatility)
Colored Background: Red = double spike, Orange = single spike
Labels: "VOL" or "ATR" to identify the single condition
⚙️ CUSTOMIZABLE PARAMETERS
📈 Volume
Multiplier (default 8.0): Volume spike sensitivity
Lookback Periods (default 100): Number of candles for average
📊 Volatility
ATR Multiplier (default 3.0): Volatility spike sensitivity
ATR Period (default 14): Average True Range calculation
🎯 RECOMMENDED USAGE
⏰ Timeframe
Optimal: 5 minutes
Compatible: 1m to 1h
🪙 Assets
Cryptocurrencies (Bitcoin, Ethereum, Altcoins)
Perfect for detecting news-driven pumps
📱 Alerts
Single Alert: "🚀 DOUBLE SPIKE EXPLOSION"
Triggers only when volume AND volatility spike simultaneously
Eliminates noise, signals only premium opportunities
💡 ENTRY STRATEGY
Signal: Red line (value = 2) + red background
Confirmation: Bullish closing candle
Context: Overall uptrend or neutral trend
Risk Management: Stop-loss below recent low
⚠️ IMPORTANT
High Selectivity: Very strict default parameters
Rare but exceptional quality signals
Backtesting recommended before live usage
Not financial advice
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。