Proof of concept indicator. Intended usage: to create confidence in buying a dump, or selling a pump. This is not a trending tool.
It works by monitoring spikes in volume as well as abnormally ATR. Generally speaking, bitcoin reverses every time there's a one candle spike with no following volume. There is a limit in which a signal is triggered in case bitcoin continues running. Other preventive measures include a modified MFI and fairy dust.
In future iterations, take profits and stop losses will be implemented also based upon average candle percentage move rather than ATR.