INVITE-ONLY SCRIPT
Double Bottom Chart Pattern with alert
Updated
Double bottom is a very common chart pattern, as its name indicates, it consists of two bottoms, and these two bottoms need to be in a relative flat price level. One of the bottom can't be much higher or lower than the other.
This indicator will detect and highlight double bottom pattern automatically on chart and alert you via SMS, email and sound.
Features:
Adjust the threshold between two bottoms.
Adjust the number of bars used to form each bottom.
Check if the first bottom is the highest in a given number of bars
Adjust the number of bars between two bottoms.
Switch of alert.
It works on all timeframes and any symbol.
You can also load more than one with different inputs to get more results on chart.
This indicator will detect and highlight double bottom pattern automatically on chart and alert you via SMS, email and sound.
Features:
Adjust the threshold between two bottoms.
Adjust the number of bars used to form each bottom.
Check if the first bottom is the highest in a given number of bars
Adjust the number of bars between two bottoms.
Switch of alert.
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
Update the threshold setting.Release Notes
The threshold input now can be increased by 0.1Release Notes
Fixed a typo.Release Notes
Fixed a typo.Release Notes
New algorithm, easier to use and more results.Release Notes
Update: enable to change line color.Release Notes
Update to V5 with max_bars_back=1000.Release Notes
Fixed a bug.Release Notes
Upgrade to 3 sets of input, it will detect more signal 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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