Market / MetaTrader 4 / Indicators /

Double Top Scanner For Multi Pair And MTF

79 USD

Demo downloaded: 5 404

Published: 25 January 2016

Current version: 4.7

Double Top Scanner For Multi Pair And MTF

4.91

Indicators
ScorpionFX
Version: 4.7
Updated: 26 November 2021
Activations: 5

(FOR MT4) Double Top Scanner Multi Pair And Multi Time Frame:

This indicator has been designed to automatically identify high probability double tops and double bottoms.

It can also be used to identify triple-tops and triple-bottoms. And it includes an RSI trend filter, in order to

identify the formations that occur at the top (or bottom) of a trend.

IMPORTANT FACTORS TO KEEP IN MIND:

Any major level that holds 2 or 3 times is obviously a level that is being defended by the large institutions.

Therefore, there is a strong probability that a reversal will occur in these areas. And this probability is even

higher in the case of a triple top (or triple bottom).

Features:

This indicator can monitor all 28 pairs at the same time.
It can monitor every timeframe, from 1 Minute to Monthly. All at the same time.
It will automatically trigger an alert whenever the appropriate pattern is identified.
It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc.

- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.

This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis.
And this will allow you to focus on other aspects of your trading. Such as further technical (or fundamental analysis).
This will also give you more time to find other trading opportunities.

Indicator Parameters:

Type Of Bottom: Select the formation to find. Doubles = Double Tops and Bottoms, Triples = Triple Tops and Bottoms.
RSI Period: Setting for RSI filter
Upper Level: Overbought level for RSI filter. First top / bottom must form above this level in order to be valid.
Lower Level: Oversold level for RSI filter. First top / bottom must form below this level in order to be valid.
Bars Between: The minimum number of bars between tops / bottoms.
Pips Distance: The number of pips within each top / bottom.
Symbols: The indicator monitors the top 28 pairs by default, but you can select less pairs if you wish.
Alert M1: True = Yes, False = No
Alert M5: True = Yes, False = No
Alert M15: True = Yes, False = No
Alert M30: True = Yes, False = No
Alert H1: True = Yes, False = No
Alert H4: True = Yes, False = No
Alert D1: True = Yes, False = No
Alert W1: True = Yes, False = No
Alert MN1: True = Yes, False = No

See the images below for further details and contact us if you have any questions.

HUNDREDS OF 5 STAR REVIEWS AND OVER TWO DECADES OF REAL WORLD MARKET EXPERIENCE:

This indicator has been created by a former hedge-fund employee, with almost 25 years

of market experience. And our company has been selling high quality indicators on this

platform since 2015.

Over the years we have helped THOUSANDS of satisfied clients and we have received

HUNDREDS of 5 star reviews.

And we are proud to say that all of our reviews are 100% GENUINE.

With absolutely no client manipulation, or questionable tactics of any kind.

For further details regarding our background, we STRONGLY RECOMMEND that you take a look

at our profile. In order to get a better understanding of our overall trading experience and our

approach to the market.

https://www.mql5.com/en/users/escobedofx21

more...

2689

Suvashish Halder 2021.09.04 12:11 #

An awesome scanner as described. Thank you Mike.

Anthony Vereen 2021.04.26 04:24 #

Just purchased indicator, and I must say that I'm very satisfied. Great customer service. Thanks Mike for all of your help!

1061

Matas Milevicius 2020.01.15 11:46 #

Great indicator...+5 star.

Great communication with the author...+5 star.

Thank you Mike for your answers!

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(FOR MT4) Divergence Scanner Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is already loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI. IMPORTANT FACTORS TO KEEP IN MIND: When a divergence occurs, it means that price and momentum are not in agreement. And divergence signals are widel

79 USD

(FOR MT5) Ultimate Reversal Scanner Multi Pair And Multi Time Frame : This indicator has been designed to identify the powerful ' Three Line Strike ' reversal pattern. According to Thomas Bulkowski (internationally known author and a leading expert on candlestick patterns), the ' Three Line Strike ' has the highest overall performance rank of any candlestick pattern. Bulkowski's best selling book "Encyclopedia of Chart Patterns" is recognized around the world, as the premier reference on

79 USD

(FOR MT4) Full Market Analysis Multi Pair And Multi Time Frame : This is a powerful tool that will allow you to quickly and easily monitor the entire Forex market. It can be used for just about any kind of strategy that you like. Whether it be trend trading, range trading, reversals etc. As it gives you perspectives on momentum, risk-sentiment, volatility, overbought / oversold etc. It also allows you to set thresholds for monitoring specific critical levels and it displays all of the info

79 USD

(FOR MT5) Double Top Scanner Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability double tops and double bottoms. It can also be used to identify triple-tops and triple-bottoms. And it includes an RSI trend filter, in order to identify the formations that occur at the top (or bottom) of a trend. IMPORTANT FACTORS TO KEEP IN MIND: Any major level that holds 2 or 3 times is obviously a level that is being defended by the large institut

79 USD

(FOR MT4) Ultimate Engulfing Scanner Multi Pair And Multi Time Frame : This indicator has been designed to find the strongest engulfing patterns in the forex market. - An engulfing pattern is very simple to trade, without the need for any complicated analysis. - This patterns provides an excellent risk and reward ratio. Because your potential wins will always be considerably larger than your potential losses. And this is CRITICAL to your long term trading success. - You have t

79 USD

(FOR MT4) Ultimate Volatility Scanner Multi Pair And Multi Time Frame : This indicator has been designed to find the lowest levels of volatility in the market. As volatility is a constant dynamic in the financial markets that continuously moves from high to low. This indicator has been designed to find the lowest levels of volatility in the market. - You can choose which time frames you want to monitor. And when volatility drops under your desired level of volatility (in those time

79 USD

(FOR MT4) Ultimate Strength Meter Strong Vs Weak : This indicator has been specifically designed for measuring the strength of the 8 major currencies (USD, EUR, GBP, JPY, CHF, AUD, NZD and CAD). Allowing you to quickly select the best pairs to trade (Strong VS Weak). This indicator provides an EXCELLENT way to trade particular trading sessions. And a great way to trade the news events. As it represents current (real time) conditions. And you can select at which time you would like for it t

79 USD

(FOR MT4) Perfect Pennants and Triangles (Breakout Scanner) Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability breakout patterns. And it does this by finding very strong, symmetrical pennants and triangles. IMPORTANT FACTORS TO KEEP IN MIND: Pennants and triangles are some of the best possible entry areas. As they allow you to have excellent risk and reward ratios. And this is one of the most important factors in the institutional

79 USD

(FOR MT4) Ultimate Reversal Scanner Multi Pair And Multi Time Frame : This indicator has been designed to identify the powerful ' Three Line Strike ' reversal pattern. According to Thomas Bulkowski (internationally known author and a leading expert on candlestick patterns), the ' Three Line Strike ' has the highest overall performance rank of any candlestick pattern. Bulkowski's best selling book "Encyclopedia of Chart Patterns" is recognized around the world, as the premier reference on

79 USD

(FOR MT4) Range Trader Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability range trading opportunities. The goal is to find non trending pairs that are coming off a recent high / low. And this indicator uses two filters (RSI and ADX) to identify these opportunities. IMPORTANT FACTORS TO KEEP IN MIND: The FX market is range bound at least 70% of the time. And range trading has several distinct advantages that make it safer and more

79 USD

(FOR MT4) Psychological Levels And Round Numbers : This indicator has been designed to automatically identify when prices reach major psychological levels. Also know as ' whole numbers ' or ' round numbers ', these levels act as price barriers where large amounts of orders will generally accumulate. And the larger the psychological level, the more orders will generally be placed in that area. Therefore, these levels can be used to define entries and exits and provide a very strong risk and re

79 USD

(FOR MT4) Consecutive Bar Scanner Multi Pair And Multi Time Frame : This indicator has been designed to find a predetermined number of consecutive bars. It can identify both bull and bear candles and you can select exactly how many candles you wish to look for. You can combine this indicator with any number of indicators or strategies. Including MACD, RSI, CCI, Fib retracements etc. And the goal is to look for situations where prices are severely over extended, in order to profit from the

79 USD

(FOR MT4) Pivot Point Scanner Multi Pair : This indicator has been desinged to automatically identify when price reaches a specified pivot point level. And it can monitor the entire market in the background, all from one chart. Allowing you to save an enormous amount of time and effort. IMPORTANT FACTORS TO KEEP IN MIND: For many years, floor traders (and market makers) have used pivot points to determine critical levels of support and resistance. And these levels often act as price barr

79 USD

(FOR MT4) Ultimate Moving Average Crossover Multi Pair And Multi Time Frame : This indicator has been designed to find various types of moving average crossovers. And combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. - Moving average crossovers are very simple to trade, with clear "buy or sell" signals. - Moving average crossovers offer a clear indication of the different phases of a trend. Such as expansion, pu

79 USD

(FOR MT4) Ultimate Correlation Scanner Multi Pair And Multi Time Frame : This indicator has been designed to quickly identify the highest correlations for any pair in the market. And you don't have to conduct hours of research, analyzing dozens of columns, rows or tables. As this indicator gives you the most important information, quickly and easily. Using this indicator, you can create a system that allows you to take advantage of the ongoing correlation dynamics that are always presen

79 USD

(FOR MT5) Breakout Scanner Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability breakout patterns. And it does this by finding very strong, symmetrical pennants and triangles. IMPORTANT FACTORS TO KEEP IN MIND: Pennants and triangles are some of the best possible entry areas. As they allow you to have excellent risk and reward ratios. And this is one of the most important factors in the institutional trading world. PLEASE NOTE:

79 USD

(FOR MT5) Trend Finder Multi Pair And Multi Time Frame : This indicator has been designed to help find the strongest trends in the forex market, quickly and easily. It simultaneously analyzes the moving averages for all 28 pairs and across 8 time-frames. And then it ranks each pair according to trend-strength. IMPORTANT FACTORS TO KEEP IN MIND: Institutional traders use moving averages more than any other indicator. And trading with the dominant trend is a CRITICAL part of your long term s

79 USD

(FOR MT5) Pinbar Scanner For Multi Pair and Multi Time Frame : This indicator has been designed to automatically identify high probability pinbar formations. It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found. IMPORTANT FACTORS TO KEEP IN MIND: A strong pinbar is clear evidence that the institutions are rejecting a particular price level. These price levels are excellent areas to determine potential entries and exi

79 USD

(FOR MT5) Ultimate Strength Meter Strong Vs Weak : This indicator has been specifically designed for measuring the strength of the 8 major currencies (USD, EUR, GBP, JPY, CHF, AUD, NZD and CAD). Allowing you to quickly select the best pairs to trade (Strong VS Weak). This indicator provides an EXCELLENT way to trade particular trading sessions. And a great way to trade the news events. As it represents current (real time) conditions. And you can select at which time you would like for it to

79 USD

(FOR MT5) Range Trader Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability range trading opportunities. The goal is to find non trending pairs that are coming off a recent high / low. And this indicator uses two filters (RSI and ADX) to identify these opportunities. IMPORTANT FACTORS TO KEEP IN MIND: The FX market is range bound at least 70% of the time. And range trading has several distinct advantages that make it safer and more

79 USD

(FOR MT5) Pivot Point Scanner Multi Pair : This indicator has been desinged to automatically identify when price reaches a specified pivot point level. And it can monitor the entire market in the background, all from one chart. Allowing you to save an enormous amount of time and effort. IMPORTANT FACTORS TO KEEP IN MIND: For many years, floor traders (and market makers) have used pivot points to determine critical levels of support and resistance. And these levels often act as price barri

79 USD

(FOR MT5) Consecutive Bar Scanner Multi Pair And Multi Time Frame : This indicator has been designed to find a predetermined number of consecutive bars. It can identify both bull and bear candles and you can select exactly how many candles you wish to look for. You can combine this indicator with any number of indicators or strategies. Including MACD, RSI, CCI, Fib retracements etc. And the goal is to look for situations where prices are severely over extended, in order to profit from the i

79 USD

(FOR MT5) Full Market Analysis Multi Pair And Multi Time Frame : This is a powerful tool that will allow you to quickly and easily monitor the entire Forex market. It can be used for just about any kind of strategy that you like. Whether it be trend trading, range trading, reversals etc. As it gives you perspectives on momentum, risk-sentiment, volatility, overbought / oversold etc. It also allows you to set thresholds for monitoring specific critical levels and it displays all of the info

79 USD

(FOR MT5) Psychological Levels And Round Numbers : This indicator has been designed to automatically identify when prices reach major psychological levels. Also know as ' whole numbers ' or ' round numbers ', these levels act as price barriers where large amounts of orders will generally accumulate. And the larger the psychological level, the more orders will generally be placed in that area. Therefore, these levels can be used to define entries and exits and provide a very strong risk and re

79 USD

(FOR MT5) Ultimate Engulfing Scanner Multi Pair And Multi Time Frame : This indicator has been designed to find the strongest engulfing patterns in the forex market. - An engulfing pattern is very simple to trade, without the need for any complicated analysis. - This patterns provides an excellent risk and reward ratio. Because your potential wins will always be considerably larger than your potential losses. And this is CRITICAL to your long term trading success. - You have th

79 USD

(FOR MT5) Ultimate Correlation Scanner Multi Pair And Multi Time Frame : This indicator has been designed to quickly identify the highest correlations for any pair in the market. And you don't have to conduct hours of research, analyzing dozens of columns, rows or tables. As this indicator gives you the most important information, quickly and easily. Using this indicator, you can create a system that allows you to take advantage of the ongoing correlation dynamics that are always present

79 USD

(FOR MT5) Ultimate Moving Average Crossover Multi Pair And Multi Time Frame : This indicator has been designed to find various types of moving average crossovers. And combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. - Moving average crossovers are very simple to trade, with clear "buy or sell" signals. - Moving average crossovers offer a clear indication of the different phases of a trend. Such as expansion, pul

79 USD

Filter:

emmely87 2022.06.29 18:10 #

No lines. No dashboard. Only alerts. *sigh* Very disappointed.

21493

Reply from developer Yossarian Escobedo 2022.07.08 14:49 #

PLEASE NOTE: This appears to be a fake negative review. Placed by a competing vendor. We have been offering this indicator for almost seven years on this platform. And as you can see for yourself, there has never been a single negative review. From any of our previous clients. THIS MEMBER ACTED STRANGELY FROM THE VERY BEGINNING: This member opened a new account on June 28th. And they proceeded to leave this negative review. As well as a negative comment about the indicator. All within the first 24 hours. Like everyone else on this platform, she had the opportunity to download a demo of the indicator. And ask any questions ahead of time. But she did not ask any questions about the demo file. And she simply proceeded to leave the negative review. We sent her a full and detailed explanation regarding the graphical limitations of the Metatrader platform. And we even offered to exchange the indicator for her. But she has not replied to any of our messages. And she has had no other activity on her account since then. Making the whole situation very suspicious.

2689

Suvashish Halder 2021.09.04 12:11 #

An awesome scanner as described. Thank you Mike.

Anthony Vereen 2021.04.26 04:24 #

Just purchased indicator, and I must say that I'm very satisfied. Great customer service. Thanks Mike for all of your help!

1061

Matas Milevicius 2020.01.15 11:46 #

Great indicator...+5 star.

Great communication with the author...+5 star.

Thank you Mike for your answers!

1863

Kristmundur Roman Zakharii 2019.10.03 22:58 #

Great tool! It detects "the unseen" (I would not notice myself) reversal patterns as they are being formed. Especially valuable on higher timeframes, providing precise entries worth of hundreds of pips. Thank you!

fantasystar7777 2019.04.14 03:09 #

User didn't leave any comment to the rating

924

andreas73 2019.02.13 11:41 #

Nice contact, great indicator and really helpful "behind the curtain":)

ming9953 2019.01.17 13:23 #

User didn't leave any comment to the rating

495

Danilo Dorjo 2019.01.16 12:59 #

The indicator is great! You need to pay attention to the entry points, usually in the neck.

But the customer support is absolutely amazing! Great job Mike and team Scorpion! Keep going!

edmtty 2018.12.20 16:54 #

Amazing product, simple and very efficient. It's very useful indicator and custom service is excellent

Thanks Mike and Scorpion team.

1095

SamitR 2018.11.26 22:17 #

Dear Mike,

I am absolutely blown away by your kind response to my request regarding the indicator....you have provided me with detailed information which I found extremely valuable

I cannot recommend your products highly enough to other newbies like me....the Fx territory is quite treacherous and we need all the help of kind souls

So thank you again

422

Fabian Widmer 2018.11.10 18:30 #

Great indicator and very helpfull service. He knows waht he do. AWESOME!!

155

yusuf hamid 2018.07.02 20:11 #

User didn't leave any comment to the rating

304

kaabak2002 2018.06.22 07:43 #

Nice Guy.

1002

Luigi Salvatores Buigues Morillo 2018.06.22 01:22 #

Gracias Mike. muy buen indicador

entradas perfectas. el apoyo con el auotr perfecto y rapido gracias por todo un saludo

197

hendriy 2018.06.04 10:19 #

User didn't leave any comment to the rating

3622

Simon Akubue 2018.05.26 20:01 #

I just purchased. I had an awesome support from the developer {Mike}

Robert Serrano 2018.05.26 03:49 #

Mike from Scorpion FX has been extremely helpful with all questions, very please with his service, simply second to none in all respects!!

siemsons 2018.05.23 08:42 #

Wow, what a great product and the even better customer service !!

112

Mohamamd Rajaur Rahman 2018.05.22 20:46 #

I just made two trade and both of them were profitable. Indicator sure does what it supposed to do. Customer support is great. Here is the tip on how to trade using this indicator. Hope everybody will make lots of profit - https://www.babypips.com/learn/forex/double-top-and-double-bottom I want every folks to be rich so they can share with people who needs help. May peace be upon you.

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Version 4.7 2021.11.26

General Update To Default Settings.