I believe the most of users know the Double Top Pattern, so I omit the introduction.
The algorithm uses 10 internal watchers to identify the incomplete M-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two possible tops.
By default, all watchers wait for bar closing to avoid repainting issues. You can switch off this option.
Additionally, you can shift up/down the signal labels to the preferred distance.
NOTE: the orange straight lines are not included.
The algorithm uses 10 internal watchers to identify the incomplete M-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two possible tops.
By default, all watchers wait for bar closing to avoid repainting issues. You can switch off this option.
Additionally, you can shift up/down the signal labels to the preferred distance.
NOTE: the orange straight lines are not included.
Versionsinformation:
- Update
Versionsinformation:
- Added statistics
- Neckline, Take Profit and Stop Loss reforged
- DT and Short labels now have tooltips
- New options for Take Profit: Points, Pips
- New options for Stop Loss: Last Top, Points, Pips
- Alerts reforged
Versionsinformation:
- Fixed a minor issue with patterns overlapping
Versionsinformation:
- Fixed bug with TP/SL levels plotting
Freelance -> Telegram: @alex_everget
A list of Free indicators:
bit.ly/2S7EPuN
A list of Paid indicators:
bit.ly/33MA81f
Earn $30:
www.tradingview.com/gopro/?share_your_love=everget
A list of Free indicators:
bit.ly/2S7EPuN
A list of Paid indicators:
bit.ly/33MA81f
Earn $30:
www.tradingview.com/gopro/?share_your_love=everget