WH Twin Peak Indicator MT4
- Indicators
- Wissam Hussein
- Version: 1.3
- Updated: 29 April 2024
- Activations: 10
Welcome to Twin Peak Indicator MT4 --(Double Top / Double Bottom)--
The Double Top and Bottom Indicator is a technical analysis tool designed to identify potential reversal patterns in the market.It identifies areas where the price has made two consecutive peaks or troughs of nearly equal height, followed by a price movement in the opposite direction.
This pattern indicates that the market is losing momentum and may be ready for a trend reversal.
Features:
- Automatic chart annotations: The indicator automatically marks the double top and bottom pattern on the chart
- Easy to use: The indicator is user-friendly and can be easily applied to any chart in the MT5 platform.
- Customizable: The indicator has customizable settings.
- Alert System.
- Works on any Instruments.
The indicator can be used in conjunction with other technical analysis tools to confirm the direction of the trend and the potential strength of the reversal pattern.
Overall, the Double Top and Bottom Indicator is a powerful tool for traders looking to identify potential trend reversals in the market.Its customizable settings, alerts, and automatic chart annotations make it easy to use,
while its multi-timeframe analysis and trend confirmation features provide traders with valuable insights into potential trading opportunities.
Mr. Hussein, he makes some very effective indicators... this is the third indicator I have of him. Good effectiveness, good customer service and a price that has nothing to do with the excellent quality of the indicators