I decided to make this formerly invite only script public (you can find the invite only version here
If you are part of the invite only you don't need to change scripts. I will push improvements first on the invite only script but in time it will come to this version as well.
I would love to know your ideas...
This is a double bottom indicator with an alert that has many settings to customize your double bottom .
From Wikipedia "A double bottom is the end formation in a declining market. The pattern is formed by two price minima separated by local peak defining the neck line. The formation is completed and confirmed when the price rises above the neck line, indicating...
Automatic Double Top and Double Bottom pattern scanner for any time frame, any asset.
Simple to use, just add to your chart, and set the size (in the settings) for the patterns you want to find.
• Green patterns are bullish
• Red patterns are bearish
• Alerts are available for when new patterns are displayed
• When a pattern completes (at the neckline), it...
The indicator is subject to changes.
This indicator's goal is to help automatically find double top and double bottom patterns.
Its core algorithm uses purely price action and does not use any kind of overbought/oversold oscilator.
To be validated, a double top/bottom must be preceded by a simple...
I think everybody knows the Double Bottom Pattern, so I omit the introduction.
The algorithm uses 8 internal watchers to identify the incomplete W-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two...