Whale Detector — Jarass

Whale Detector — Replica (Buy Spikes + Threshold + Alert)

The Whale Detector is a specialized tool designed to help traders identify large accumulation or “buy spikes” often associated with significant market participants (“whales”). It focuses on detecting unusual buying pressure at new local lows and signals potential strong upward movements.

Key Features:

1. Whale Buy Spikes Detection:
• Highlights strong buying activity at local lows using a combination of momentum, smoothing, and normalization.
• Detects new low bars and evaluates whether buying pressure exceeds a configurable threshold.
• Plots detected spikes as yellow histogram columns for clear visualization.

2. Adjustable Sensitivity:
• MOM Length: scales the momentum measurement.
• Smoothing: controls the smoothness of the calculated whale signal.
• Amplitude divisor & global scale: tune the signal strength for different markets.
• Whale Power Threshold: customizable level to mark strong buy spikes.

3. Alerts:
• Alerts trigger when a strong whale buy spike crosses the threshold.
• Persistent alerts when buying pressure remains above the threshold.
• Designed for real-time monitoring of potential accumulation zones by major market players.

4. Visualization:
• Overlay-free indicator (displayed in a separate panel).
• Clear histogram view of detected whale activity.
• Red dotted horizontal line represents the signal threshold for easy identification of strong buying events.

5. Suitable For:
• Traders looking to spot smart money accumulation or unusual buying pressure.
• Can be used in combination with trend-following or breakout strategies.
• Useful across different timeframes and assets.

Summary:
The Whale Detector provides a quantitative view of buying spikes at critical lows, helping traders detect potential market-moving accumulation by whales. Coupled with threshold alerts, it enables timely action on strong buying signals