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Double tops and bottoms

5

This indicator finds the "Double Bottom" and "Double Top" technical analysis patterns, shows them on the chart of the currency pair and can signal if the pattern was formed recently. These patterns are reversal, often after the emergence of the trend turns back or a correction occurs. In order not to search for them yourself, it is enough to add the indicator to the chart, after that, you can change different timeframes in order to quickly find such figures on one of the timeframes. There are some indicator settings for searching on different currency pairs (if the indicator does not find a pattern, you may need to change some settings). Also, you can change the color of reversal patterns, as well as enable the display of lines of not fully formed patterns.

Parameters

  • History - the number of bars to search for patterns on the chart;
  • ExtremCountBars - The number of bars to search for extremums, for example, highs at the 2nd peak (3-40 is recommended);
  • MinExtremDist - The minimum number of bars between 2 extremums (2-12 is recommended);
  • MaxExtremDist - Maximum number of bars between 2 extremums (10-50 is recommended);
  • MultipleVerticesFilter - Filtering to find "extra" highs or lows (if enabled, there should be only 2 tops or bottoms);
  • PriceDeviations - The maximum deviation of the price of a currency pair of two extremes (the larger this value, the more the figure may turn out to be a curve, but it will be found more often);
  • PriceChangeBefore - How much the value of the price change before the pattern should be less than the size of the pattern itself (recommended from 1 to 2.5);
  • DrawUnfinishedPatterns - Draw unfinished patterns (lines on the chart that show that a pattern could have been formed);
  • EnableAlert - enable alerts when a pattern appears and breaks out;
  • AlertPeriodBars - The number of bars after which the alert can appear again;
  • MaximumFigureShiftForAlert - Maximum distance of the figure from the current bar for the alert to appear;
  • NeutralLinesClr - Color of neutral lines (shown when the DrawUnfinishedPatterns parameter is enabled);
  • FinalBuyPatternClr - Line color of the completed buy shape;
  • FinalSellPatternClr - Line color of the completed sell shape.

Avis 4
gnanos123
797
gnanos123 2024.02.08 22:57 
 

Thanks for the free indicator

John Winsome Munar
3471
John Winsome Munar 2022.06.16 01:05 
 

Good tops and bottoms indicator

joseverasay
284
joseverasay 2022.05.02 16:18 
 

Buen indicador gracias

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Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
Actuellement 20% de réduction ! La meilleure solution pour tout débutant ou trader expert ! Ce logiciel de tableau de bord fonctionne sur 28 paires de devises. Il est basé sur 2 de nos principaux indicateurs (Advanced Currency Strength 28 et Advanced Currency Impulse). Il donne un excellent aperçu de l'ensemble du marché Forex. Il montre les valeurs de l'Advanced Currency Strength, la vitesse de mouvement des devises et les signaux pour 28 paires de devises dans tous les (9) délais. Imagine
Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
Tout d'abord, il convient de souligner que cet outil de trading est un indicateur non repeint, non redessiné et non retardé, ce qui le rend idéal pour le trading professionnel. Cours en ligne, manuel utilisateur et démonstration. L'indicateur Smart Price Action Concepts est un outil très puissant à la fois pour les nouveaux et les traders expérimentés. Il regroupe plus de 20 indicateurs utiles en un seul, combinant des idées de trading avancées telles que l'analyse du trader Inner Circle et les
ACTUELLEMENT 26% DE RÉDUCTION La meilleure solution pour tout débutant ou trader expert ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons incorporé un certain nombre de caractéristiques exclusives et une nouvelle formule. Avec seulement UN graphique, vous pouvez lire la force de la devise pour 28 paires Forex ! Imaginez comment votre trading va s'améliorer parce que vous êtes capable de repérer le point de déclenchement exact d'une nouvelle tendan
Ultimate Gold Advisor pour MetaTrader 4 L'Ultimate Gold Advisor est un outil technologique avancé conçu pour optimiser l'expérience de trading sur MetaTrader 4. Créé pour répondre aux besoins des traders expérimentés, cet indicateur combine précision, analyse sophistiquée et fonctionnalité polyvalente, offrant un soutien pour des décisions de trading éclairées. Idéal pour le trading de l'or, mais applicable à une large gamme d'actifs, l'Ultimate Gold Advisor peut vous aider à améliorer vos stra
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Alexander Nikolaev
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Alexander Nikolaev
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
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Alexander Nikolaev
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The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
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Volume Candles
Alexander Nikolaev
Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
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Alexander Nikolaev
5 (3)
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair. Parameters HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current price t
ProCandles
Alexander Nikolaev
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
Colored candles
Alexander Nikolaev
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
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gnanos123
797
gnanos123 2024.02.08 22:57 
 

Thanks for the free indicator

Sergey Demin
11020
Sergey Demin 2023.08.24 13:23 
 

L'utilisateur n'a laissé aucun commentaire sur la note

John Winsome Munar
3471
John Winsome Munar 2022.06.16 01:05 
 

Good tops and bottoms indicator

joseverasay
284
joseverasay 2022.05.02 16:18 
 

Buen indicador gracias

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