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everget
25 févr. 2019 22:23

Double Bottom Pattern Identifier 

New Zealand Dollar/Japanese YenFXCM

Description

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 possible bottoms.

By default, all watchers wait for bar closing to avoid repainting issues. You can switch off this option.

Additionally, you can shift down the signal labels to the preferred distance and set an alert for a new pattern found.

NOTE: the blue straight lines are not included.

Notes de version

  • Cleaned the code

Notes de version

  • Major update

Notes de version

  • Update

Notes de version

  • Update

Notes de version

  • Update

Notes de version

  • Added statistics
  • Neckline, Take Profit and Stop Loss reforged
  • DB and Long labels now have tooltips
  • New options for Take Profit: Points, Pips
  • New options for Stop Loss: Last Bottom, Points, Pips
  • Alerts reforged

Notes de version

  • Fixed a minor issue with patterns overlapping

Notes de version

  • Fixed bug with TP/SL levels plotting
Commentaires
karbonbruar
hi there, would really appreciate if i can access to this so i can backtest. thank you
kavishagnani
Hi may I test this indicator please.
everget
@kavishagnani, yes you can
J987965
@everget, i appreciate that
J987965
is there a way to use this script to scan for potential or actual double bottoms? @everget,
chiranjit24
@everget, Sir ,Could u allow me to access your double bottom indicator ...Request kindly allow for access.
everget
@chiranjit24, Hi, sure. 2 weeks to try
cbose1983
@everget, not getting access ,pls allow sir.
everget
cbose1983
@everget, thank u sir....I already started using but it works in 1 min chart how can I use it 4hr or 1 day chart ,pls help me understand.1 min is by default 20 candles.
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