OPEN-SOURCE SCRIPT
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Flat Tops & Botttoms

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The provided Pine Script code is an indicator script designed to identify and display flat tops and bottoms on a price chart.

Inputs:
  • showFlatTops (boolean): Determines whether to display flat tops.
  • showFlatBottoms (boolean): Determines whether to display flat bottoms.
  • enableAlerts (boolean): Enables or disables alerts for flat tops and bottoms.


Calculations:
  • Flat Top: if the current bar's high is equal to the open price. A downward-pointing triangle shape is plotted above the bar.
  • Flat Bottom: if the current bar's low is equal to the open price. An upward-pointing triangle shape is plotted above the bar.


Alerts:
Script allows to set alerts when flat tops or bottoms occur
Notes de version
Add Margin of Error
Notes de version
Fixed Default Margin of Error + Added back perfect Top/Bottom Detection

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