INVITE-ONLY SCRIPT
Double Top Chart Pattern detector with alert
Updated
Double top is a very common chart pattern, as its name indicates, it consists of two tops, and these two tops need to be in a relative flat price level. One of the top can't be much higher or lower than the other.
This indicator will detect and highlight double top pattern automatically on chart and alert you via SMS, email and sound.
Features:
Adjust the threshold between two tops.
Adjust the number of bars used to form each top.
Check if the first top is the highest in a given number of bars
Adjust the number of bars between two tops.
Switch of alert.
A detailed instruction will show you how to properly adjust each input.
It works on all timeframes and any symbol.
You can also load more than one with different inputs to get more results on chart.
Release Notes
Step input can be increased by 0.1Release Notes
It uses a new algorithm now, it will get more results than before.Release Notes
Update to V5 with max_bars_back=1000Release Notes
fixed a bugRelease Notes
Upgrade to 3 sets of input, it will get more signals than before.Release Notes
Update new feature, enable "use High Low" will use high and low wick to check the top, otherwise it will use open and close.Also changed the min value of "Strength" to 2 instead of 3.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Patternsmart for more information, or follow the author's instructions below.
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Disclaimer
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