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Pipe shaped top or bottom

An indicator of patterns #35 and #36 ("Pipe bottoms" and "Pipe tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski.

Parameters:

  • Alerts - show alert when an arrow appears  
  • Push - send a push notification when an arrow appears (requires configuration in the terminal)
  • PeriodBars - An indicator period (number of bars that form a top/a bottom)
  • K1 - an additional parameter that influences the accuracy of pattern shape recognition
  • K2 - an additional parameter that influences the accuracy of pattern shape recognition
  • K3 - an additional parameter that influences the accuracy of pattern shape recognition
  • ArrowType - a symbol from 1 to 17
  • ArrowVShift - vertical shift of arrows in points  
  • Auto5Digits - automatic multiplication of ArrowVShift by 10 when working with 5 and 3 digit quotes.

Note. Arrows appear on a forming bar and can disappear during bar formation. Notifications (Alerts and Push) are generated based on a formed bar.

It cannot be guaranteed that the indicator recognizes the patterns exactly as implied by the author.

Recommended optimization parameters: PeriodBars, K1, K2, K3.

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- 50% OFF - Telegram group : https://t.me/+5RIceImV_OJmNDA0 MT5 version : https://www.mql5.com/en/market/product/85917?source=Site+Market+Product+Page Master Pullback is a complete system that gives unique trading opportunities and a clear indication of the market: trend, signals as well as stop loss and take profit levels. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, as well as the major trend. You
AW Trend Predictor
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Die Kombination von Trend- und Aufschlüsselungsebenen in einem System. Ein fortschrittlicher Indikatoralgorithmus filtert Marktrauschen, bestimmt den Trend, Einstiegspunkte sowie mögliche Ausstiegsniveaus. Indikatorsignale werden in einem Statistikmodul aufgezeichnet, das es Ihnen ermöglicht, die am besten geeigneten Tools auszuwählen, die die Wirksamkeit der Signalhistorie zeigen. Der Indikator berechnet Take-Profit- und Stop-Loss-Marken. Handbuch und Anleitung ->   Hier   / MT5-Version ->   H
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An indicator of patterns #45 and #46 (Three Falling Peaks and Three Rising Valleys) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys should be, so fewer patt
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An indicator of patterns #13 - #20 ("Double Tops" and "Double Bottoms", types Adam-Adam, Adam-Eva, Eva-Adam, Eva-Eva) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Adam - sharp tops/bottoms, Eva - flat ones. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smalle
An indicator of patterns #2 and #3 ("Broadening formation right-angled and ascending" and "Broadening formation right-angled and descending") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, t
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An indicator of patterns #5 and #6 ("Wedges, ascending, broadening" and "Wedges, descending, broadening") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - color of arrow up СolDn - color
An indicator of patterns #52 and #53 ("Falling/rising wedges") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show line
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Gap indicator (pattern #23) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   Auto5Digits - automatic multiplication of GapSize and ArrowVShift by 10 when working with 5 and 3 digit quotes. Note. Arrows appear at t
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Dmitry Fedoseev
An indicator of pattern #30 ("Island Reversal") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski (two gaps, the second gap is in the direction of the first one). Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - color of an upward lin
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An indicator of patterns #28 and #29 ("Horn bottoms" and "Horn tops") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) BarsInsideFrom - minimum number of bars between the tops BarsInsideAdd - the number of bars between the tops can be in the range from BarsInsideFrom to BarsInsideFrom+BarsInsideAdd-1. If the value is -1, the number of
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An indicator of pattern #31 ("Long Island") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. The second gap is in the opposite direction. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) GapSize - minimum gap size in points ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - color of an upward line ColDn - color of
An indicator of patterns #32 and #33 ("Measured Move Up/Down") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period MinMovment - minimum movement value (in points) BackMovment - maximum value of return movement (as decimals) ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   Sh
An indicator of patterns #7 and #8 ("Bump-and-Run" and "Bump-and-Run Reversal") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition  ArrowType - Character: from 1 to 17 ArrowVShift - vertical shift of arrows in points   Show
An indicator of patterns #37 and #38 ("Rectangle Tops" and "Rectangle Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period VertexCount - the number of tops and bottoms: 2, 3, 4.   ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show levels ColUp - colo
An indicator of patterns #11 and #12 ("Diamond Tops" and "Diamond Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points  Note. Arrows
An indicator of patterns #39 and #40 ("Rounding Tops" and "Rounding Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears  Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period   K - an additional parameter that influences the accuracy of pattern shape recognition. Changes from 0 to 1 ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows
An indicator of pattern #49 ("Triangle, symmetrical") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition ArrowType - a symbol from 1 to 17 ArrowVShift - vertical shift of arrows in points   ShowLevels - show lines ColUp -
An indicator of patterns #47 and #48 ("Triangle, ascending" and "Triangle, descending") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears   Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K1 - an additional parameter that influences the accuracy of pattern shape recognition K2 - an additional parameter that influences the accuracy of pattern shape recogn
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The indicator determines Dragon pattern. It is based on the zigzag. There is buffer 0 which has no color located in the Colors tab. You will see the zigzag if you set it to some color.  The indicator draws an up arrow when it detects a pattern which assumes further upward movement of the indicator. Similarly, the indicator draws a down arrow when it detects a pattern which assumes further downward movement of the indicator. Parameters: Alerts - show alert when an arrow appears. Push - send a pus
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