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Double Top Tracker Free Version

FREE

Published: 28 December 2017

Current version: 1.1

Double Top Tracker Free Version

Indicators
Dorian Baranes
Version: 1.1

This indicator is a free version of Double Top Tracker. Unlike the full version, some functions are disabled and the parameters cannot be changed.

Double Top is a trend reversal pattern which are made up of two consecutive peaks that are more and less equal with a trough in-between. This pattern is a clear illustration of a battle between buyers and sellers. The buyers are attempting to push the security but are facing resistance, which prevents the continuation of the upward trend. After this goes on a couple of times, the buyers in the market start to dry up, and the sellers start to take a stranglehold sending it down into a new downtrend.

Double Bottom is the opposite chart pattern of the double top as it signals a reversal of the downtrend into an uptrend.

Features

Loads automatically historical price data from broker server
Tracks all currency pairs for all timeframes in parallel
Configures which currency pairs on which timeframes you want to be alerted

Inputs

Double Top/Bottom settings

BarsInterval - Minimum of bars between peaks;
PeakDistance - Maximum price distance between peaks (unit in pips);
TrendDistance - Minimum distance between the beginning of the trend and the neck (unit in pips);

Currency Pairs and Timeframes

Symbols- Currency pairs to monitors. Each pairs are separated by a coma and the name has to be identical to symbol name displayed into the Market Watch;
M1 - True to monitor this timeframe;
M5 - True to monitor this timeframe;
M15 - True to monitor this timeframe;
M30 - True to monitor this timeframe;
H1 - True to monitor this timeframe;
H4 - True to monitor this timeframe;
D1 - True to monitor this timeframe;
W1 - True to monitor this timeframe;
MN1 - True to monitor this timeframe;

Notification

AlertNotification- True to enable messages in the terminal when signals occur;
PushNotification- True to enable sending push notifications to mobile devices;
MailNotification- True to enable sending emails;

My other products: https://www.mql5.com/en/users/dorian75/seller

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8902

sunnychow 2018.12.05 13:07 #

thanks for share

645

gnanos123 2023.07.23 14:28 #

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This indicator analyzes in parallel the moving average for multiple currencies and timeframes. It sends a notification when the trends are in alignment for all timeframes. To get better assessment of the trend strength, it shows as well a ratio between the number of pips reached from the current trend and the average of pips reached from the previous trends. Features Loads automatically historical price data from broker server; Tracks all currency pairs for all timeframes in parallel; Configur

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Tiger Grid EA is an expert advisor using trading strategy which has been developed by using machine learning concepts. It has passed 14 years of backtest of real tick data and real variable spread (with commission) from 2004 to 2018. The entries are usually accurate and in case if the trend signal has a delay the positions will be managed by a smart grid system. This system uses a grid of orders which increases lot size. A new order is added into the grid only if the EA notice a potential reve

60 USD

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645

gnanos123 2023.07.23 14:28 #

Average indicator

8902

sunnychow 2018.12.05 13:07 #

thanks for share

danypp 2018.11.15 18:22 #

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12938

Matthew Todorovski 2018.06.30 14:24 #

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2737

philippe germain 2018.05.24 13:48 #

Interesting free indicator!

Just missing take profit and stop loss!