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Romb top or bottom

An indicator of patterns #11 and #12 ("Diamond Tops" and "Diamond Bottoms") from Encyclopedia of Chart Patterns by Thomas N. Bulkowski.


  • Alerts - show alert when an arrow appears  
  • Push - send a push notification when an arrow appears (requires configuration in the terminal)
  • PeriodBars - indicator period
  • K - an additional parameter that influences the accuracy of pattern shape recognition
  • ArrowType - a symbol from 1 to 17
  • ArrowVShift - vertical shift of arrows in points 

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.

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