OPEN-SOURCE SCRIPT
MM Wash Detector - Child Words

Name: MM Wash Detector – Child Words
MM = Market Maker (the big players who can push the price around to grab other people’s money/liquidity).
What it looks at:
This indicator looks at weekly candles (big picture, not tiny intraday moves) and checks for two things:
Bear Wash (BW) – “Price got pushed down”:
The candle had a long lower wick (price went down a lot)
The body of the candle is small (not much net movement down)
Volume is okay (not too low)
Interpretation: The big players tried to push the price down to make people sell, but the price recovered.
Child-friendly label: “Price went down, maybe now it goes up 🙂”
Bull Wash (SW) – “Price got pushed up”:
The candle had a long upper wick (price went up a lot)
The body of the candle is small (not much net movement up)
Volume is okay (not too low)
Interpretation: The big players tried to push the price up to make people buy, but the price fell back.
Child-friendly label: “Price went up, maybe now it goes down 😯”
MM = Market Maker (the big players who can push the price around to grab other people’s money/liquidity).
What it looks at:
This indicator looks at weekly candles (big picture, not tiny intraday moves) and checks for two things:
Bear Wash (BW) – “Price got pushed down”:
The candle had a long lower wick (price went down a lot)
The body of the candle is small (not much net movement down)
Volume is okay (not too low)
Interpretation: The big players tried to push the price down to make people sell, but the price recovered.
Child-friendly label: “Price went down, maybe now it goes up 🙂”
Bull Wash (SW) – “Price got pushed up”:
The candle had a long upper wick (price went up a lot)
The body of the candle is small (not much net movement up)
Volume is okay (not too low)
Interpretation: The big players tried to push the price up to make people buy, but the price fell back.
Child-friendly label: “Price went up, maybe now it goes down 😯”
开源脚本
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。