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Fat Tony's Grinder Detector 2.0

Concept & Theory
This indicator is designed to identify a specific, dangerous price action pattern known as "The Grinder." A Grinder is a stock that trends upward at a sustainable 45-degree angle, characterized by low volatility and consistent institutional buying. Unlike a "Pump," which goes parabolic and crashes, a Grinder hugs the VWAP and slowly squeezes early short sellers.
This tool helps traders avoid the "Frontside" of these trends and objectively identifies when the trend has actually broken.
How It Works
The indicator combines VWAP, RSI, and Relative Volume to visualize the state of the trend:
Grinder Mode (Green Background):
The background turns green when the stock is in a "Controlled Float." This occurs when price is holding above (or slightly buffering) the VWAP, and RSI is "warm" (45-75) but not overbought.
Signal: DO NOT SHORT. The algorithm is in control.
The Hug (Green Triangle):
These markers appear when the price dips to touch the VWAP while in Grinder Mode.
Signal:
This indicates a "Bear Trap" or a "Buy the Dip" opportunity where the trend is being defended.
The Crack (Red Triangle):
This is the reversal signal. It only prints when the price crosses BELOW the VWAP on High Relative Volume (Default: 2x average).
Signal:
The trend line is broken, and heavy selling pressure has entered.
Settings
VWAP Tolerance:
Adjusts how strictly the price must hug the line (default 3.0% for volatile small caps).
RSI Min/Max:
Defines the "controlled" momentum range.
Volume Multiplier:
Sets the threshold for a valid "Crack" (e.g., volume must be 2.0x the 20-period average).
Use this tool to filter out low-probability short setups and wait for a confirmed structural break.
This indicator is designed to identify a specific, dangerous price action pattern known as "The Grinder." A Grinder is a stock that trends upward at a sustainable 45-degree angle, characterized by low volatility and consistent institutional buying. Unlike a "Pump," which goes parabolic and crashes, a Grinder hugs the VWAP and slowly squeezes early short sellers.
This tool helps traders avoid the "Frontside" of these trends and objectively identifies when the trend has actually broken.
How It Works
The indicator combines VWAP, RSI, and Relative Volume to visualize the state of the trend:
Grinder Mode (Green Background):
The background turns green when the stock is in a "Controlled Float." This occurs when price is holding above (or slightly buffering) the VWAP, and RSI is "warm" (45-75) but not overbought.
Signal: DO NOT SHORT. The algorithm is in control.
The Hug (Green Triangle):
These markers appear when the price dips to touch the VWAP while in Grinder Mode.
Signal:
This indicates a "Bear Trap" or a "Buy the Dip" opportunity where the trend is being defended.
The Crack (Red Triangle):
This is the reversal signal. It only prints when the price crosses BELOW the VWAP on High Relative Volume (Default: 2x average).
Signal:
The trend line is broken, and heavy selling pressure has entered.
Settings
VWAP Tolerance:
Adjusts how strictly the price must hug the line (default 3.0% for volatile small caps).
RSI Min/Max:
Defines the "controlled" momentum range.
Volume Multiplier:
Sets the threshold for a valid "Crack" (e.g., volume must be 2.0x the 20-period average).
Use this tool to filter out low-probability short setups and wait for a confirmed structural break.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Скрипт с открытым кодом
В истинном духе TradingView, создатель этого скрипта сделал его открытым исходным кодом, чтобы трейдеры могли проверить и убедиться в его функциональности. Браво автору! Вы можете использовать его бесплатно, но помните, что перепубликация кода подчиняется нашим Правилам поведения.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.