This indicator is designed to be used alongside All-in-One, with the primary purpose of marking early Double Top (DT) and Double Bottom (DB) patterns. It includes a customizable setting that allows users to define how early they want the patterns to be marked. For example, if a DT typically requires the price to reach 100, this indicator can mark it earlier when the price approaches 100, depending on the threshold selected in the settings. By default, the threshold is set to 0.002%, allowing traders to anticipate potential reversals before they fully form.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.