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Double top bottom scanner with RSI filter

4.4

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers.

This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers filters for RSI overbought/oversold, candle patterns (pin bar, engulfing, tweezer, morning/evening star, three line strike) and divergences (MACD, OsMA, Awesome (AO), RSI, CCI, Stochastic) which makes it possible to filter out only the strongest setups. The indicator can also be used in single chart mode. Please read more about this option in the product's blogCombined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system.

Features

  • Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market.
  • Can monitor every time frame, from M1 to MN, and sends you a real-time alert when when the second or third top/bottom is identified or at neckline breakout. All Metatrader native alert types are supported.
  • Can use RSI, a selection from different candle patterns and divergences to properly identify potential reversals.
  • Moving average trend filter
  • The indicator includes an interactive panel. When clicking on an item a new chart will be opened with the symbol and time frame in question.
  • The indicator writes the signals to a text file or as global variables which can also be used by an Expert Advisor (EA) for auto trading.

Input parameters

The description and explanation of the input parameters can be found here.

Important

Please note that due to the multifunctionality neither buy and sell advice nor lines and arrows will be drawn on the chart where the indicator has been installed. A line between the extremums as well as the neckline will be drawn on the chart which can be opened from the panel.

It is highly advisable to put the indicator on a clean (empty) chart without any other indicators or Expert Advisors on it which could interfere with the scanner.


Bewertungen 10
MP_mpap
159
MP_mpap 2024.02.26 15:30 
 

It's not just a simple scanner for DB & DT. It has the ability to notify early, allowing for processing time. It becomes very powerful when you apply the provided filters. On this note, I would like some confirmed settings... The fact that the signals are recorded and remain in the MT4 window is a fantastic idea. The way the indicator operates is close to the trader and deviates from the mindset of simple programming. Kudos to the creator. Excellent work!!! The best in its category. I will also purchase the scanner for S&R. It saves me from tasks I've been doing for years on my charts.

Carlos Thomas
152
Carlos Thomas 2023.12.28 10:45 
 

Excellent tool to scan and filter for better condition setups.

Suzanne
533
Suzanne 2023.09.09 22:22 
 

I have purchased numerous indicators and spent/wasted thousands of dollars. I wish I had found this indicator sooner and the support from Jan is phenomenal. I have never met a seller that is so helpful to me as a newbie and takes his time to explain everything in detail in order for you to also be a successful forex trader. I agree 100% with Randy Katz, I wish there were more people like Jan in the world. I feel extremely lucky to have found this indicator but even luckier to have found Jan. I cannot thank him enough.

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DERZEIT 31% RABATT! Die beste Lösung für jeden Newbie oder Expert Trader! Dieser Indikator ist ein einzigartiges, qualitativ hochwertiges und erschwingliches Handelsinstrument, da wir eine Reihe von proprietären Funktionen und eine geheime Formel eingebaut haben. Mit nur EINEM Chart liefert er Alerts für alle 28 Währungspaare. Stellen Sie sich vor, wie sich Ihr Handel verbessern wird, weil Sie in der Lage sind, den genauen Auslösepunkt eines neuen Trends oder einer Scalping-Gelegenheit zu e
Zunächst einmal ist es wichtig zu betonen, dass dieses Handelssystem ein Nicht-Repainting-, Nicht-Redrawing- und Nicht-Verzögerungsindikator ist, was es ideal für den professionellen Handel macht. Das "Smart Support and Resistance Trading System" ist ein fortschrittlicher Indikator, der für neue und erfahrene Trader entwickelt wurde. Es ermöglicht Tradern Präzision und Vertrauen auf dem Devisenmarkt. Dieses umfassende System kombiniert mehr als 7 Strategien, 10 Indikatoren und verschiedene Ha
TrendDecoder Premium
Christophe, Pa Trouillas
5 (2)
Identifizieren Sie Bereiche und die nächsten wahrscheinlichen Bewegungen   |  Erhalten Sie früheste Signale und die Stärke von Trends   |  Klare Ausstiegssignale vor Umkehrung   |  Erkennen Sie die Fibo-Levels, die der Kurs testen wird Indikator, der nicht zurückverfolgt, nicht verzögert - ideal für den manuellen und automatisierten Trading - geeignet für alle Vermögenswerte und Zeiteinheiten Zeitlich begrenztes Angebot   >> 50% OFF Nach dem Kauf,   bitte kontaktieren Sie mich auf diesem Kanal  
Vorstellung des Zeus-Indikators: Ihr ultimatives Werkzeug für den Durchbruch zu profitablen Trades. Dieser Indikator vereinfacht das Trading, indem er die Notwendigkeit für eine tiefgreifende Analyse mit Ausbruchsstrategien beseitigt. Er zeichnet automatisch Zonen basierend auf Ihren voreingestellten Zeitrahmen und schlägt Stop-Loss (SL), Take-Profit (TP) und Trailing-Stop-Levels vor. Der Zeus-Indikator wird Sie umgehend benachrichtigen und Signalpfeile anzeigen, wenn der Preis die Kauf- oder Ve
Cycle Sniper
Elmira Memish
4.41 (34)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.82 (17)
TakePropips Donchian Trend Pro   (MT4) ist ein leistungsstarkes und effektives Tool, das mithilfe des Donchian-Kanals automatisch die Richtung des Trends erkennt und Ihnen Handelssignale für den Ein- und Ausstieg liefert! Dieser Multifunktionsindikator umfasst einen Trendscanner, Handelssignale, ein statistisches Panel, einen Screener, Handelssitzungen und ein Dashboard für den Verlauf von Warnungen. Es wurde entwickelt, um Ihnen Handelssignale zu liefern und Ihnen Stunden beim Analysieren der C
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Mohamed Hassan
5 (9)
This indicator is unstoppable when combined with our other indicator called Katana . After purchase, send us a message and you could get Katana  for FREE as a BONUS!  You can also ask to join our private group where we discuss together with other members!  MT5 version: click here There are limited copies available at $49! Next price is $99. Don't miss this great deal!  The Trend Forecasting indicator is a very unique & easy tool that is able to make prediction about future pric
IX Power MT4
Daniel Stein
5 (5)
IX Power bringt die unschlagbare Präzision von FX Power endlich auch zu Nicht-Forex-Symbolen. Es bestimmt präzise die Intensität von kurz-, mittel- und langfristigen Trends in Ihren Lieblingsindizes, Aktien, Rohstoffen, ETFs und sogar Kryptowährungen. Sie können alles analysieren, was Ihr Terminal zu bieten hat. Probieren Sie es aus und erleben Sie, wie sich Ihr Timing beim Handel deutlich verbessert . IX Power Hauptmerkmale 100% präzise, nicht nachpinselnde Berechnungsergebnisse - für
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Dieser Indikator mit mehreren Zeitrahmen und mehreren Symbolen identifiziert doppelte Top/Boden-, Kopf- und Schulter-, Wimpel-/Dreiecks- und Flaggenmuster. Es ist auch möglich, Alarme nur dann einzurichten, wenn ein Nackenlinien-/Dreiecks-/Fahnenmast-Ausbruch aufgetreten ist (Nackenlinien-Ausbruch = bestätigtes Signal für Top/Bottoms und Head & Shoulders).       Der Indikator kann auch im Single-Chart-Modus verwendet werden. Bitte lesen Sie mehr über diese Option in den Produktinformationen    
Dieser Angebots- und Nachfragezonenindikator zeichnet die Zonen auf dem Chart und sendet Warnungen, wenn der Preis eine Zone erreicht oder durchbrochen hat. Es ist auch möglich, es zu verwenden, um über reguläre doppelte Tops/Bottoms anstelle von Zonen benachrichtigt zu werden. Es ist möglich, RSI-, Volumen- und Divergenzfilter zu verwenden, um nur die stärksten Setups herauszufiltern. In Kombination mit Ihren eigenen Regeln und Techniken ermöglicht Ihnen dieser Indikator, Ihr eigenes leistungss
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Dieser Multi-Time-Frame- und Multi-Symbol-Indikator kann die folgenden 5 Kreuze identifizieren: wenn ein sich schnell bewegender Durchschnitt eine Linie des langsamen gleitenden Durchschnitts kreuzt. wenn der Preis einen einzelnen gleitenden Durchschnitt erreicht hat (oben/unten geschlossen oder gerade abgesprungen). wenn eine Triple Moving Average Formation aufgetreten ist (alle 3 MA:s in aufeinanderfolgender Ausrichtung) wenn die MACD-Hauptlinie die Signallinie kreuzt. wenn die Signallinie die
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Bitte erwägen Sie nach Möglichkeit den Kauf       MT5-Version   , die ich weiter entwickeln werde (es wird keine zukünftigen Updates für diese MT4-Version geben). Ich empfehle Ihnen auch, die zu lesen       Produkt-Blog   (Handbuch) von Anfang bis Ende, damit von Anfang an klar ist, was EA bietet. Die Hauptstrategie dieses Expert Advisors (EA) besteht darin, Trades zu platzieren, wenn 3 gleitende Durchschnitte (MA) in aufeinanderfolgender Ausrichtung und in einem bestimmten Abstand voneinander
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This multi time frame and multi symbol indicator identifies when the stochastics signal line (D) crosses the stochastics main line (K) as well as options  to scan for main line and signal line level crossovers.  As a bonus it can also scan for Bollinger bands and RSI overbought/oversold crosses. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the sam
This multi indicator/oscillator (hereafter indicator), multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerfu
This multi time frame and multi symbol indicator identifies fractals patterns. As a bonus it can also scan for Parabolic SAR (pSAR) trend changes. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Can monitor every time frame, from M1 to MN, and sends you a
Auswahl:
MP_mpap
159
MP_mpap 2024.02.26 15:30 
 

It's not just a simple scanner for DB & DT. It has the ability to notify early, allowing for processing time. It becomes very powerful when you apply the provided filters. On this note, I would like some confirmed settings... The fact that the signals are recorded and remain in the MT4 window is a fantastic idea. The way the indicator operates is close to the trader and deviates from the mindset of simple programming. Kudos to the creator. Excellent work!!! The best in its category. I will also purchase the scanner for S&R. It saves me from tasks I've been doing for years on my charts.

Carlos Thomas
152
Carlos Thomas 2023.12.28 10:45 
 

Excellent tool to scan and filter for better condition setups.

Suzanne
533
Suzanne 2023.09.09 22:22 
 

I have purchased numerous indicators and spent/wasted thousands of dollars. I wish I had found this indicator sooner and the support from Jan is phenomenal. I have never met a seller that is so helpful to me as a newbie and takes his time to explain everything in detail in order for you to also be a successful forex trader. I agree 100% with Randy Katz, I wish there were more people like Jan in the world. I feel extremely lucky to have found this indicator but even luckier to have found Jan. I cannot thank him enough.

Bjørn Voss
140
Bjørn Voss 2023.02.23 21:09 
 

I own >15 paid indicators, most I would not have bought today. If I only was allowed to buy one indicator then this would be the one. Have customized settings to only give alert if a Higher top is formed. Then waiting for first signs of direction change. Only thing that would improve this product is. If it could send a screenshot of the chart directly to a named telegram user/group. Then I would pay 10 times the price.

brightstar1
1710
brightstar1 2021.12.04 14:14 
 

A very good tool if you want to earn in the market. Only short coming is, if it had mobile alert, that would be perfect. Your screen time will be zero and you'll wait for alerts on mobile only. It has email alerts instead. But I don't use that feature.

Jan Flodin
119009
Antwort vom Entwickler Jan Flodin 2021.12.04 14:19
Thanks for the review :-)
I would just like to point out that mobile alert (push alert) is supported since I first published this indicator back in 2018.
Suvashish Halder
12025
Suvashish Halder 2021.10.10 21:10 
 

I become a big fan of Jan Products. A++ Rated Work. Thank you, Jan 🥰

sudiang
222
sudiang 2021.09.25 10:22 
 

very helpfull indicator and supportive developer

skyree904
41
skyree904 2021.01.31 06:05 
 

will not run on my mt4 :(

Jan Flodin
119009
Antwort vom Entwickler Jan Flodin 2021.01.31 06:30
I am sorry to hear that the indicator won't run. I am also sorry that you never gave me an opportunity to ask for more (in depth) info and let me help you to actively solve the issue. There could be a hundreds reason why an indicator won't run in Metatrader. Must not always be connected with the indicator itself. For instance I would have asked for the settings you are currently using and for any related error messages in the Experts or Journal tabs. In most of the cases issues are to be found within the settings which were changed by the trader.
Randy Katz
1427
Randy Katz 2018.10.27 03:54 
 

This is a great tool for detecting the dt/db condition. The author goes way out of his way to support it and provide updates when necessary. I wish there were more people like him in the world!

sunnychow
8663
sunnychow 2018.04.08 11:08 
 

This is a good tool, it has the shift candle to more confirm the pattern.

Antwort auf eine Rezension
Version 2.9 2023.12.08
*** Please always make a backup of the existing indicator (the .ex4 file) before you make an update ***

Change log:
- added the option to set Strice mode for scanning double tops/bottoms (not supported in triple scanning mode). If enabled then ZigZag logic will be used.
- new additional input for symbols.
Version 2.8 2023.11.23
*** Please always make a backup of the existing indicator (the .ex4 file) before you make an update ***

Change log:
- bug fix in the MA trend filter
Version 2.7 2023.11.23
*** Please always make a backup of the existing indicator (the .ex4 file) before you make an update ***

Change log:
- bug fix in the arrow drawing. The arrow was drawn one candle to early when value in the 'Wait for candle close for alert (neckline only)' input was set to False
- added a moving average (MA) trend filter
Version 2.6 2023.04.19
*** Please always make a backup of the existing indicator (the .ex4 file) before you make an update ***

Change log:
- added OsMA, Stochastic and CCI to the list of divergences
- added Three line strike to the list of candle patterns
- added an option to write the signals as global variables instead of to a file (to be used by an EA)
Version 2.5 2021.12.28
*** Please always make a backup of the existing indicator (the .ex4 file) before you make an update ***

- bug fix in the divergence filter. This is not a mandatory update if you are not using the divergence filter.
Version 2.4 2021.12.15
*** Please always make a backup of the existing indicator (the .ex4 file) before you make an update ***

- add a possibility to select color for lines and other objects
- added drawing of a breakout arrow when in neckline breakout mode (confirmed top/bottom)
- added the possibilty set set the maximum amount of bars to wait for a neckline breakout
Version 2.3 2021.12.09
*** Please always make a backup of the existing indicator (the .ex4 file) before you make an update ***

- added the possibility to use the indicator in single chart mode (checking only one symbol and time frame). It will then draw the top/bottom on the chart where the indicator is running. This option is in some ways limited though. More information in the product's blog.
- added engulfing, tweezer and morning/evening star candle patterns filters as additional options to the existing pin bar filter.
Version 2.2 2021.11.26
*** Please always make a backup of the existing indicator (the .ex4 file) before you make an update ***

- corrected a bug in the divergence detection algorithm
Version 2.1 2021.10.08
*** Please always make a backup of the existing indicator (the .ex4 file) before you make an update ***

- added Awesome (AO) to the list of selectable divergences
- added the possibility to use the ATR indicator instead of points for calculating the offset
- added the possibility to add a custom text to the pop-up, push and mail alerts
- added the possibility to set a custom panel title
Version 2.0 2019.11.26
- added support for this Expert Advisor: https://www.mql5.com/en/market/product/43512
- added an option to set how many candles must be lower/higher prior to the first extremum candle (first top/bottom)
- added an option to decide the position of the neckline candle in order to get it more to the middle (between the 2 extremum candles). Using this option will make it a more clear U/V formation for those who desires that for their trading strategy
Version 1.9 2019.08.28
- corrected an error with incorrect drawing of lines in the strategy tester
Version 1.8 2019.02.17
- corrected an issue with the text file containing the signals
- added an option to clear signals in the text file in case of parameter change
- added an option to use symbols from the Market Watch window instead of the symbols written in the Symbols parameter
Version 1.7 2019.01.09
- a line between the 2 extremums as weel as the neckline will now automatically be drawn on the chart which opens up when a signal is clicked on in the panel
Version 1.5 2018.10.24
- added possibility to be alerted at trendline break-out instead
- added possibility to select if to use the RSI filter on first, last or both peaks
Version 1.4 2018.09.24
- bug fixes
Version 1.3 2018.09.21
- added possibility so select another (higher) time frame for divergence detection
- added possibility to use RSI divergence instead of MACD
- added possibility to select the divergence depth
- added neckline info to the alerts
- added option to search also for hidden divergences