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Cat bounce back

An indicator of pattern #55 ("Dead cat bounce, inverted") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski.

Parameters:

  • Alerts - show alert when an arrow appears  
  • Push - send a push notification when an arrow appears (requires configuration in the terminal)
  • PeriodBars - indicator period
  • GapSize - minimum gap size in points
  • ArrowType - a symbol from 1 to 17
  • ArrowVShift - vertical shift of arrows in points  
  • Auto5Digits - automatic multiplication of GapSize and ArrowVShift by 10 when working with 5 and 3 digit quotes.
Note. Arrows appear on a forming bar and do not disappear.   

It cannot be guaranteed that the indicator recognizes the patterns exactly as implied by the author.

Recommended optimization parameters: PeriodBars, GapSize.

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