Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 9324
- Rating:
- Published:
- 2018.12.18 19:08
-
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Double Top indicator detects and displays single and double tops and bottoms.
The indicator has three input parameters:
- Minumum Height/Depth - minimum height/depth of a top/bottom in points
- Maximum distance between the twin tops/bottoms - maximum distance between tops/bottoms of a double top/bottom
- Maximum number of bars after the top/bottom - maximum number of bars between different tops/bottoms
- Single top/bottom is marked by a dot on a chart: the green dot indicates a top, while the red one shows a bottom
- The first (left) top/bottom of the double top/bottom is marked by a dot on a chart: the green dot indicates the top, while the red one shows the bottom
The second (right) top/bottom of the double top/bottom is marked by a star: the green star indicates the top, while the red one shows the bottom
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22618