Double Top Scanner Multi Pair And Multi Time Frame
VERY IMPORTANT, PLEASE NOTE:
This indicator has been created by a former hedge-fund employee.
And it is based on solid, widely followed market principles and dynamics.
Our company has been selling high quality indicators on this platform for over 3 years.
And we have had thousands of satisfied clients and hundreds of 5 star reviews.
Please take a look at our profile, in order to get a better understanding of our
overall trading perspective and approach:
And if you haven't already done so, be sure to take a look at our other indicators as well.
As we offer numerous tools, suitable for all the different types of trading styles and approaches.
Including tools for trend trading, range trading, reversal trading, price action trading, news trading etc.
And you can take a look at all of our available indicators here:
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sometimes we can answer in less than 1 hour. Even on weekends and holidays.
For fastest service, please send any inquiries through direct message (private message). =)
Please be aware that we have been selling the MT4 version of this indicator for several years
and you can check many more reviews and comments from satisfied clients here:
And How To Use It:
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 and RSI trend filter, in order to
identify the formations that occur at the top (or bottom) of a trend.
Remember: 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).
See the images below for further details and contact us if you have any questions.
We are always here to help. =)
- Can monitor all 28 pairs at the same time.
- Can monitor every timeframe, from 1 Minute to Monthly.
- Will automatically trigger an alert whenever the appropriate pattern is identified.
- Can monitor any symbol that is offered 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 your analysis.
And you can choose to monitor as few (or as many) pairs as you wish.
- Type Of Bottom: Select the formation you wish 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