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KT Double Top Bottom MT5

The double top bottom pattern is arguably one of the technical analysis's most popular chart patterns. These patterns are used to capitalize on recurring patterns and identify trend reversal patterns, thereby creating well-placed entry and exit levels.

The KT Double Top Bottom is based on these patterns and fine-tunes the trade signal development process for traders.

Features

  • It's based on one of the most reliable trading patterns and brings some fine-tuning and automation to the process.
  • Also features input line customizations to allow traders to extract the desired results.
  • It can be used across all time frames and all financial markets.
  • It can be combined with other indicators and trading strategies to yield better results.

The Double Top Pattern

The double top pattern is a bearish pattern and highlights a sell signal. It shows that the price of an asset has rebounded twice but remains unable to sustain a bullish trend.

The double-top pattern almost always confirms a rapid price reversal drop in the making and is easy to identify.

This pattern has an “M” shape with two peaks and a “neckline” indicating a breakout. However, the M shape is not always perfect; a sighting of the double peaks is what matters.

To trade using the double-top pattern, launch a sell trade the instant the price move breaks below the pattern's neckline or begins on a pullback.

Only do this after the double peak has been confirmed and a protective stop-loss has been established.

The Double Bottom Pattern

The double bottom is the opposite of the double top, indicating a bullish trading opportunity. It shows that the price has fallen to a particular mark on two occasions but has refused to break below it.

This pattern can be seen to take the “W” shape, with two bottoms and a neckline.

Once a double bottom is identified, it is almost certain that the underlying instrument's price will record a notable surge. Traders can execute a long position on confirmation of the pattern (breaking the neckline) and plot a stop-loss.

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4.5 (8)
Indikatoren
Wir stellen den   Quantum Heiken Ashi PRO   vor Die Heiken-Ashi-Kerzen wurden entwickelt, um klare Einblicke in Markttrends zu geben und sind bekannt für ihre Fähigkeit, Rauschen herauszufiltern und falsche Signale zu eliminieren. Verabschieden Sie sich von verwirrenden Preisschwankungen und begrüßen Sie eine glattere, zuverlässigere Diagrammdarstellung. Was den Quantum Heiken Ashi PRO wirklich einzigartig macht, ist seine innovative Formel, die traditionelle Candlestick-Daten in leicht lesbare
IX Power MT5
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Indikatoren
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 Berechnungsergebni
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Christophe, Pa Trouillas
5 (1)
Indikatoren
Top bewertet auf anderem MarketPlace -  Jetzt verfügbar auf METATRADER 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 - 50% Rabatt  
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5 (5)
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Evgenii Aksenov
4.78 (49)
Indikatoren
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Advantages of Trend Line PRO Never redraws its signals The possibility of using it as an independent strategy It has three automatic levels Take Profit and Stop Loss lev
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Batsirayi L Marango
5 (1)
Indikatoren
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Juvenille Emperor Limited
5 (14)
Indikatoren
Matrix Arrow Indicator MT5   ist ein einzigartiger 10-in-1-Trend, der zu   100 % nicht neu gezeichnet   werden kann. Multi-Timeframe-Indikator, der für alle Symbole/Instrumente verwendet werden kann:   Forex ,   Rohstoffe ,   Kryptowährungen ,   Indizes ,   Aktien .  Der  Matrix Arrow Indicator MT5  wird den aktuellen Trend in seinen frühen Stadien bestimmen und Informationen und Daten von bis zu 10 Standardindikatoren sammeln, die sind: Durchschnittlicher Richtungsbewegungsindex (ADX) Rohstoff
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4.57 (14)
Indikatoren
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Marco Solito
4.84 (56)
Indikatoren
Dark Power  is an Indicator for intraday trading. This Indicator is based on   Trend Following  strategy, also adopting the use of an histogram to determine the right power . We can enter in good price with this Indicator, in order to follow the   strong trend   on the current instrument. The histogram is calculated based on the size of the bars and two moving averages calculated on the histogram determine the direction of the signal Key benefits Easily visible take profit/stop loss lines Int
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Reza Aghajanpour
5 (12)
Indikatoren
** All Symbols x All Timeframes scan just by pressing scanner button ** ***Contact me after purchase to send you instructions and add you in "123 scanner group" for sharing or seeing experiences with other users. After 15 years of experience in the markets and 3 years of programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Inte
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KT Auto Fibo draws Fibonacci retracement levels based on the ongoing trend direction. The Highs and Lows are automatically selected using the Maximum and Minimum points available on the chart. You can zoom in/out and scroll to adjust the Fibonacci levels accordingly. Modes Auto:  It draws the Fibonacci levels automatically based on the chart area. Manual:  It draws the Fibonacci levels only one time. After that, you can change the anchor points manually. Usage: Helps to predict the future p
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KT Asian Breakout MT5
KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
Indikatoren
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
Experten
First thirty minutes are essential for a trading session. The early reaction of traders and market players sets a path for the rest of the day. KT London Breakout EA takes advantage of this phenomenon, and after analyzing the first thirty minutes of London session, it places two bidirectional pending orders. One of pending order is eventually canceled after realizing the market direction with certainty. It has been strictly tested and developed for EUR/JPY using 30-Min Time Frame. You can ex
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KEENBASE SOFTWARE SOLUTIONS
Indikatoren
Use of support and resistance in systematic trading is very subjective. Every trader has their own idea and way to plotting the support and resistance levels on the chart. KT Support and Resistance indicator take out this ambiguity out of the situation and automatically draws support and resistance levels following an algorithmic approach using a unique multi-timeframe analysis. When launched on the chart, It immediately scan the most significant extreme points across all the available timefr
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KEENBASE SOFTWARE SOLUTIONS
Experten
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KEENBASE SOFTWARE SOLUTIONS
Indikatoren
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KEENBASE SOFTWARE SOLUTIONS
Indikatoren
KT MACD Divergence shows the regular and hidden divergences build between the price and oscillator. If your trading strategy anticipates the trend reversal, you can include the MACD regular divergence to speculate the potential turning points. And if your trading strategy based on the trend continuation, MACD hidden divergence would be a good fit. Limitations of KT MACD Divergence Using the macd divergence as a standalone entry signal can be a risky affair. Every divergence can't be interpr
KT Bollinger Bands Trader MT4
KEENBASE SOFTWARE SOLUTIONS
Experten
KT Bollinger Bands Trader is a 100% automated expert advisor that's incorporated a mean reversion trading strategy using the Bollinger bands during the period of low volatility. Price often reacts at the upper or lower line of Bollinger bands, but a reversal not always occurs. However, there is more chance of price reversal during the time of low volatility. Entries A buy trade is activated when price correctly aligns below the bottom line of Bollinger bands. A sell trade is activated when pri
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