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Ultimate Double Top Bottom Reversal Scanner

5

This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts.

Please read also the blog post "Professional Trading With Double Tops/Bottoms And Divergences!" which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach.

You can get alerts via MetaTrader 4, email and push notifications at the moment when a signal occurs on any timeframe and any trading instrument you have configured.

You need to install this indicator on only one single chart. The indicator then scans up to 30 instruments and 8 timeframes automatically for you!


Important

When launched in the strategy tester of MetaTrader 4 (when you test the demo version), the indicator will draw the signals on the chart. This feature is added, so that you can evaluate the signals which will be alerted in real time.

The purpose of this indicator is to alert signals so that you will be able to trade these signals even with a normal day job. Therefore, on live charts you will only see the dashboard view as shown in the video. This indicator will NOT draw signals on live charts.

If you need the signals visible on live charts, then you can additionally purchase the Ultimate Double Top Bottom Reversal Indicator


Parameters

  • alertsLong: True = Yes, False = No - if true, then the indicator alerts occurrences of "Double Bottom" signals for long entries
  • alertsShort: True = Yes, False = No - if true, then the indicator alerts occurrences of "Double Top" signals for short entries
  • alertsViaMT4: True = Yes, False = No - if true, then the indicator gives alerts via MetaTrader 4 popup
  • alertsViaEmail: True = Yes, False = No - if true, then the indicator gives alerts via email
  • alertsViaPush: True = Yes, False = No - if true, then the indicator gives alerts direct to your mobile phone
  • alertsM1: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on M1
  • alertsM5: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on M5
  • alertsM15: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on M15
  • alertsM30: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on M30
  • alertsH1: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on H1
  • alertsH4: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on H4
  • alertsD1: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on D1
  • alertsW1: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on W1
  • templateName: - if you press a button on the chart (which contains the name of an instrument), then the appropriate chart will open and a template with the specified name will be attached
  • checkEveryXSeconds - every X seconds, the indicator checks the next instrument/timeframe for the occurrence of a "Double Top/Bottom" signal
  • i1-i30 - define up to 30 instruments, which will be monitored/checked for the occurrence of a "Double Top/Bottom" signal
Recensioni 8
Rafael Cadosch
708
Rafael Cadosch 2020.02.02 01:43 
 

A very good signals product that makes consistent money knowing how to use it correctly of course. a must buy for active traders imo.

fantasystar7777
56
fantasystar7777 2019.04.14 03:15 
 

Points out exactly what it says it will. Masterfully done. Don't think twice, the effort put in shows.

diu
425
diu 2018.12.30 02:02 
 

Extremely useful and accurate!

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Young Ho Seo
5 (2)
Indicatori
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
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Afsal Meerankutty
4.26 (19)
Indicatori
Indicator captures the trend reversals with no-repaint Buy and Sell Arrow signals. CyberZingFx Trend Reversal Indicator - your go-to solution for accurate and reliable trend reversal signals. With its  advanced trading strategy , the indicator offers you Buy and Sell Arrow signals that do not repaint, making it a reliable tool for catching Swing Highs and Swing Lows in any market and any time frame. Indicator works on  any market  and  any time frames . __________________________________________
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Abdullah Alrai
5 (1)
Indicatori
Vi presentiamo ON Trade Waves Patterns Harmonic Elliot Wolfe, un indicatore avanzato progettato per rilevare vari tipi di pattern sul mercato utilizzando metodi sia manuali che automatici. Ecco come funziona: Pattern Armonici: Questo indicatore è in grado di individuare pattern armonici che appaiono sul vostro grafico. Questi pattern sono fondamentali per i trader che praticano la teoria del trading armonico, come descritta nel libro di Scott Carney "Harmonic Trading vol 1 & 2". Che li disegniat
Forex Sword Indicator
Elias Mtwenge
Indicatori
WARNING!! THIS SWORD IS TOO SHARP!    ONLY 10 COPIES LEFT FOR THE NEXT PRICE TO BE 8,000$ FOR UNLIMITED PLAN. Dear traders I am very glad once again to introduce to you my other tool called "Forex Sword Indicator". In short this tool is meant to give you an edge over the market that you have been waiting for  so long. Now, here it is. It is a very very simple tool but yet a dangerous sword. I call it a  Holy grail indicator!. I will not talk a lot about this tool. Just let the tool speak by itse
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Bernhard Schweigert
4.56 (9)
Indicatori
Questo indicatore è una super combinazione dei nostri 2 prodotti Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . Funziona per tutti i time frame e mostra graficamente l'impulso di forza o debolezza per le 8 valute principali più un simbolo! Questo indicatore è specializzato nel mostrare l'accelerazione della forza delle valute per qualsiasi simbolo come oro, coppie esotiche, materie prime, indici o futures. Primo nel suo genere, qualsiasi simbolo può essere aggiunto
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Dario Pedruzzi
5 (2)
Indicatori
The  RSI Basket Currency Strenght  brings the RSI indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the RSI Multi Time Frame Currency Strenght take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every RSI value for the selected Time Frame.  After that, the ind
RelicusRoad Pro
Relicus LLC
4.78 (139)
Indicatori
Ora $ 147 (aumentando a $ 499 dopo alcuni aggiornamenti) - account illimitati (PC o MAC) Manuale utente di RelicusRoad + Video di formazione + Accesso al gruppo Discord privato + Stato VIP UN NUOVO MODO DI GUARDARE IL MERCATO RelicusRoad è l'indicatore di trading più potente al mondo per forex, futures, criptovalute, azioni e indici, fornendo ai trader tutte le informazioni e gli strumenti di cui hanno bisogno per rimanere redditizi. Forniamo analisi tecniche e piani di trading per aiuta
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Roman Smoroda
Indicatori
Indicatore STO completo (include tutte le versioni dei tre indicatori STO: Premium, Gold, Silver) - STABLE TRADE OPTION è progettato per il trading automatico di opzioni binarie.  LEGGERE ATTENTAMENTE!!!!! IMPORTANTE In un terminale creare due modelli con scadenze diverse, un modello per le 18:01, 18:02 con scadenze da 1 a 15 minuti e un modello per le 22:00 con scadenze da 10 a 20 minuti. Tasso di vincita: 71% negli ultimi 5 anni. Gestione del denaro: 0,3% dal deposito Questa version
NAM Order Blocks
NAM TECH GROUP, CORP.
5 (1)
Indicatori
MT4 Multi-timeframe Order Blocks detection indicator. Features - Fully customizable on chart control panel, provides complete interaction. - Hide and show control panel wherever you want. - Detect OBs on multiple timeframes. - Select OBs quantity to display. - Different OBs user interface. - Different filters on OBs. - OB proximity alert. - ADR High and Low lines. - Notification service (Screen alerts | Push notifications). Summary Order block is a market behavior that indicates order collection
Nasdaq100 Power Indicator
Teboho Edgar Rakotsoane
5 (4)
Indicatori
The NASDAQ 100 Power Indicator serves with TREND and trend reversals indication using automated arrows that indicates buy or sell at that price and has built-in signal provider across all time frames with alerts and provides also the automated support and resistance that can draw technical analysis patterns like double bottom, double top, head and shoulders etc. using closing and open prices, in assistance for if a trader did not see the pattern sooner for their technical analysis. The indicator
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Young Ho Seo
5 (1)
Indicatori
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Altri dall’autore
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FXsolutions
4.43 (14)
Indicatori
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FXsolutions
4.5 (8)
Indicatori
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FXsolutions
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Ultimate Double Top Bottom Reversal Indicator MT5
FXsolutions
1 (1)
Indicatori
This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Double top and bottom patterns are chart patterns that occur when the trading instrument moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). The patterns usually occur at the end of a trend and are used to signal trend reversals very early. What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double To
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FXsolutions
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FXsolutions
4.58 (19)
Indicatori
This is an implementation of the well known SuperTrend Indicator. With this indicator you can see exactly the same values which will be alerted by the following SuperTrend Scanners: SuperTrend Scanner SuperTrend Scanner FREE Parameters SuperTrendATRPeriod: the period setting for the calculation of the SuperTrend SuperTrendMultiplier: the multiplier setting for the calculation of the SuperTrend
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FXsolutions
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FXsolutions
4.8 (5)
Indicatori
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FXsolutions
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FXsolutions
3 (2)
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Strong Trends With Magic Entries
FXsolutions
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FXsolutions
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Indicatori
This indicator shows the latest untouched support and resistance as horizontal lines. The indicator can show support/resistance from higher timeframes. With this indicator you can e.g. easily see the support/resistance of the timeframes H4, D1 and W1 on a H1 chart, which can be a big advantage while time your entry on H1. This is the FREE version of the indicator: Support Resistance Multi Time Frame The free version works only on EURUSD and GBPUSD! Parameters referenceTF: the timeframe from wh
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FXsolutions
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FXsolutions
3.75 (4)
Indicatori
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FXsolutions
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Indicatori
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FXsolutions
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Indicatori
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FXsolutions
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FXsolutions
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MACD Divergence Box Indicator
FXsolutions
Indicatori
This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. Parameters Fast EMA Period: The period of the fast EMA of the MACD. Default value is 12. Slow EMA Period: The period of the slow EMA of the MACD. Def
MACD Divergence Box Indicator MT5
FXsolutions
Indicatori
This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. Parameters Fast EMA Period: The period of the fast EMA of the MACD. Default value is 12. Slow EMA Period: The period of the slow EMA of the MACD. Def
MACD Divergence Box Indicator FREE
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4 (3)
Indicatori
This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. This FREE Version is restricted to EURUSD and GBPUSD. The full version without restrictions is here: https://www.mql5.com/en/market/product/42732 Para
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FXsolutions
4.11 (9)
Indicatori
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FXsolutions
4 (1)
Indicatori
This scanner shows the trend values of the well known indicator Parabolic SAR for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: Advanced Parabolic SAR Scanner The free version works only on EURUSD and GBPUSD! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibil
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Macd Multi Time Frame FREE
FXsolutions
4.78 (9)
Indicatori
With the MACD Multi Time Frame indicator, you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This FREE version of the indicator works only on EURUSD and GBPUSD. The full version of the indicator can be found here: MACD Multi Time Frame This blog post gives you REAL-TIME MACD Divergence Analysis for FREE and tips how to trade the divergences: REAL-TIME MACD Divergence Analysis The MACD Multi Time Frame gives you a very good overview o
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Advanced Moving Average Crossover Scanner FREE
FXsolutions
5 (1)
Indicatori
This scanner shows the trend values based on crossovers of two moving averages for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29159 Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are
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Edge Zone EA FREE
FXsolutions
5 (2)
Utilità
With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for
FREE
Macd Multi Time Frame
FXsolutions
5 (3)
Indicatori
With the MACD Multi Time Frame indicator you can spot divergences of higher timeframes while you are searching for pinpointed entries on lower timeframes. This blog post gives you real-time MACD Divergence Analysis for free and tips how to trade the divergences: Real-Time MACD Divergence Analysis The MACD Multi Time Frame gives you an very good overview of what is happening on higher timeframes without the need of switching to the higher timeframe. You will e.g. always see the MACD value of the
Advanced Parabolic SAR Scanner
FXsolutions
5 (2)
Indicatori
This scanner shows the trend values of the well known indicator Parabolic SAR for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher t
Edge Zone EA
FXsolutions
5 (2)
Utilità
With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for
Filtro:
Rafael Cadosch
708
Rafael Cadosch 2020.02.02 01:43 
 

A very good signals product that makes consistent money knowing how to use it correctly of course. a must buy for active traders imo.

fantasystar7777
56
fantasystar7777 2019.04.14 03:15 
 

Points out exactly what it says it will. Masterfully done. Don't think twice, the effort put in shows.

diu
425
diu 2018.12.30 02:02 
 

Extremely useful and accurate!

indash
94
indash 2018.11.13 15:11 
 

The scanner is very accurate and it is better to couple it with the Ultimate Top and Bottom Indicator.

But where the scanner is incredible is that you can have until 30 custom pairs to be scan, on 8 timeframes !!

No lag and easy to configure. Good good.

shagadelic78
104
shagadelic78 2018.05.13 19:51 
 

After 5 years of trading, i can say there is not a lot of profitable stuff out there.

This signal is my favourite. And... yes it is profitable if you do what Mike does recommend in his videos/blog!

Also to note: there is an Telegram channel - Mike and a view very nice Admins (Ali/Mustafa) were helping me a lot.

I had technical problems - got help from Mike even on weekend :)

I do recommend this without any hesitation.

Try the free indicator, and backtest the results!

Cheers Shaga

reachusman
64
reachusman 2018.05.10 09:46 
 

L'utente non ha lasciato alcun commento sulla valutazione.

cybeh
104
cybeh 2018.04.09 08:14 
 

No repaint. And when used properly, this Double Top/Bottom Scanner proves itself to be a very effective and most helpful tool! Takes away the need to be glued to the monitor, flipping charts around different pairs and time frames hunting and waiting for Double Top/Bottom signals to appear. Great job!

Nikolaos Salichos
49
Nikolaos Salichos 2018.02.15 20:58 
 

Amazing products both the indicator and the scanner.

The indicator is not repainting and most signals on big timeframes (>= 1 hour) are very accurate (at least give you a high probability chance to make some money)

Scanner just help you in terms of "not switching charts" every second. In scanner you can use the custom pairs and choose which timeframes you want to check.

In addition Mike (author) is very helpful and happy to answer your questions.

Finally you can see from the way the scanner runs that it is well coded from a good developer (which is very important is terms of not "lagging" while it scans every one second)

Few products in the market provide so good quality.

Thank you Mike! Keep it up with more good products.

Rispondi alla recensione
Versione 1.11 2019.10.06
Small bug fix regarding: Automatic detection of "suffix" and "prefix" in instrument name
Versione 1.10 2019.10.02
Automatic detection of "suffix" and "prefix" in instrument name
Versione 1.9 2019.10.01
Changes in pre-configured instrument names.
Versione 1.8 2018.10.17
Better error messages / solution explanation when symbol names don't match
Versione 1.7 2018.06.07
Automatic setting of chart properties like colors and scale fix. Better user experience. No manual configuration of the chart properties needed anymore.
Versione 1.6 2018.04.24
Optimized calculation. Faster/less CPU usage.
Versione 1.4 2018.04.12
Bug Fix: Avoiding multiple alerts for the same signal
Versione 1.3 2018.04.02
Bug Fix: in rare occasions, it was possible for the scanner to give signals after the candle closed, instead of generating it directly when the neckline is touched. Now all signals are generated directly when the neckline is touched.
Versione 1.2 2018.03.28
Bug Fix: It was possible that the scanner did not give alerts under some conditions.

Enhancement: Now, the last closed candle is also checked for signals.