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Double Top Scanner For Multi Pair And MTF

4.91

(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



Reviews 20
Suvashish Halder
2689
Suvashish Halder 2021.09.04 12:11 
 

An awesome scanner as described. Thank you Mike.

Anthony Vereen
34
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!

Matas Milevicius
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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MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
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Strong Support
Vasiliy Strukov
5 (15)
Support and resistance levels have long been a powerful tool for market analysis. The Strong Support indicator plots support levels based on local price minima, and resistance levels based on local price maxima. My other developments can be viewed here It is recommended to use together with a trend indicator, for example, Gold Stuff - this will allow you to trade according to the trend and simultaneously determine the zones of consolidation or trend reversal, as well as set stop loss and ta
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Quantum Currency Array Indicator
QUANTUM TRADING SOFTWARE LIMITED
This indicator has been developed to identify and display these trends quickly and easily, allowing you to see instantly, those currency pairs which are trending, and those which are not – and in all timeframes, with just one click. The 28 currency pairs are displayed as a fan as they sweep from strong to weak and back again, and this is why we call it the ‘currency array’. All 28 pairs are arrayed before you, giving an instant visual description of those pairs that are trending strongly, those
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Cycle Sniper
Elmira Memish
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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
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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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(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
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(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
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emmely87
19
emmely87 2022.06.29 18:10 
 

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

ScorpionFX
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.
Suvashish Halder
2689
Suvashish Halder 2021.09.04 12:11 
 

An awesome scanner as described. Thank you Mike.

Anthony Vereen
34
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!

Matas Milevicius
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!

Kristmundur Roman Zakharii
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
56
fantasystar7777 2019.04.14 03:09 
 

User didn't leave any comment to the rating

andreas73
924
andreas73 2019.02.13 11:41 
 

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

ming9953
59
ming9953 2019.01.17 13:23 
 

User didn't leave any comment to the rating

Danilo Dorjo
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
64
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.

SamitR
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

Fabian Widmer
422
Fabian Widmer 2018.11.10 18:30 
 

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

yusuf hamid
155
yusuf hamid 2018.07.02 20:11 
 

User didn't leave any comment to the rating

kaabak2002
304
kaabak2002 2018.06.22 07:43 
 

Nice Guy.

Luigi Salvatores Buigues Morillo
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

hendriy
197
hendriy 2018.06.04 10:19 
 

User didn't leave any comment to the rating

Simon Akubue
3622
Simon Akubue 2018.05.26 20:01 
 

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

Robert Serrano
87
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
97
siemsons 2018.05.23 08:42 
 

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

Mohamamd Rajaur Rahman
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.

Reply to review
Version 4.7 2021.11.26
General Update To Default Settings.