PZ Double Top Bottom MT5

3

Trade double tops and bottoms effectively

The PZ Double Top/Bottom Indicator is a technical analysis tool that helps traders identify potential price reversal patterns in the market. These patterns, known as double tops and bottoms, are characterized by two consecutive peaks or valleys in the price of an asset. Double tops and bottoms are often seen as potential reversal patterns because they can signal a change in the direction of the current trend.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products]

  • Clear trading signals
  • Customizable colors and sizes
  • Implements performance statistics
  • Customizable fibonacci retracement levels
  • It displays suitable stop-loss and take-profit levels
  • It implements email/sound/visual alerts
These patterns can expand, and the indicator follows the pattern by repainting. However, the indicator implements a twist to make it easier to trade: it waits for a Donchian breakout in the right direction before signaling the trade, making its signals very reliable and mostly non repainting.

Input Parameters

  • Amplitude: The amplitude represents the minimum amount of bars between alternative price points. To find big patterns, increase the amplitude parameter. To find smaller patterns, decrease the amplitude parameter.
  • Min. Retracement: The minimum fibonacci retracement needed in a pattern.
  • Max. Retracement: The maximum fibonacci retracement possible in a pattern.
  • Max History Bars: Amount of past bars to evaluate when the indicator loads in the chart.
  • Display Stats: Show or hide the statistics dashboard and performance data.
  • Display SL/TP Levels: Show or hide the suitable stop-loss and take-profit levels for each signal.
  • Drawing Options: Colors and sizes for bullish or bearish lines and labels, as well as font sizes.
  • Breakouts: Colors and sizes for breakout arrows.
  • Alerts: Enable or disable alerts of all kinds.


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


Recensioni 2
Olatunde Johnbosco Ojo
191
Olatunde Johnbosco Ojo 2018.10.17 21:31 

Great indicator

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FiboSniper Pro – Multi-Filter Fibonacci System with Auto SL/TP and Control Panel FiboSniper Pro è un indicatore tecnico che combina Fibonacci Envelopes dinamici con diversi filtri di conferma per generare segnali Buy e Sell selezionati. I livelli di Fibonacci vengono calcolati sulla base di Moving Average e ATR e successivamente filtrati tramite ADX, EMA, RSI, ATR, Volume, Time e struttura delle candele. L’indicatore visualizza direttamente sul grafico i livelli automatici di Stop Loss e Take Pr
Quantum TrendPulse
Bogdan Ion Puscasu
5 (26)
Indicatori
Ecco   Quantum TrendPulse   , lo strumento di trading definitivo che combina la potenza di   SuperTrend   ,   RSI   e   Stocastico   in un unico indicatore completo per massimizzare il tuo potenziale di trading. Progettato per i trader che cercano precisione ed efficienza, questo indicatore ti aiuta a identificare con sicurezza le tendenze di mercato, i cambiamenti di momentum e i punti di entrata e uscita ottimali. Caratteristiche principali: Integrazione SuperTrend:   segui facilmente l'andame
Advanced Supply Demand MT5
Bernhard Schweigert
4.53 (15)
Indicatori
La migliore soluzione per qualsiasi principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di funzionalità proprietarie e una nuova formula. Con questo aggiornamento, sarai in grado di mostrare fusi orari doppi. Non solo potrai mostrare una TF più alta, ma anche entrambe, la TF del grafico, PIÙ la TF più alta: SHOWING NESTED ZONES. Tutti i trader di domanda di offerta lo adoreranno. :) Informazioni imp
FX Power MT5 NG
Daniel Stein
5 (33)
Indicatori
FX Power: Analizza la Forza delle Valute per Decisioni di Trading Più Intelligenti Panoramica FX Power è lo strumento essenziale per comprendere la reale forza delle principali valute e dell'oro in qualsiasi condizione di mercato. Identificando le valute forti da comprare e quelle deboli da vendere, FX Power semplifica le decisioni di trading e rivela opportunità ad alta probabilità. Che tu segua le tendenze o anticipi inversioni utilizzando valori estremi di Delta, questo strumento si adatta
PZ Divergence Trading MT5
PZ TRADING SLU
3.71 (7)
Indicatori
Unlock hidden profits: accurate divergence trading for all markets Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Easy to trade Finds regular and hidden divergences Supports many well known oscillators Implements trading signals based on breakouts Displays
DayTrader PRO
Davit Beridze
5 (4)
Indicatori
DayTrader PRO DayTrader PRO è un indicatore di trading avanzato che combina il filtro Laguerre di John Ehlers con un potente motore di auto-ottimizzazione. Invece di utilizzare parametri fissi, l'indicatore ricerca automaticamente le migliori impostazioni in base alle condizioni recenti del mercato, aiutandoti ad adattarti alla volatilità variabile senza costanti aggiustamenti manuali. L'indicatore genera segnali chiari di ACQUISTO (BUY) e VENDITA (SELL), insieme a livelli adattivi di Stop Loss
Gartley Hunter Multi
Siarhei Vashchylka
5 (12)
Indicatori
Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. All fou
FX Trend MT5 NG
Daniel Stein
5 (6)
Indicatori
FX Trend NG: La Nuova Generazione di Intelligenza di Trend Multi-Mercato Panoramica FX Trend NG è uno strumento professionale di analisi del trend multi-timeframe e monitoraggio dei mercati. Ti consente di comprendere la struttura completa del mercato in pochi secondi. Invece di passare tra numerosi grafici, puoi identificare immediatamente quali strumenti sono in trend, dove il momentum sta diminuendo e dove esiste un forte allineamento tra i timeframe. Offerta di Lancio – Ottieni FX Trend NG
Advanced Currency Strength28 MT5
Bernhard Schweigert
5 (3)
Indicatori
La soluzione migliore per ogni principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di caratteristiche proprietarie e una nuova formula. Con un solo grafico è possibile leggere la forza delle valute per 28 coppie Forex! Immaginate come migliorerà il vostro trading perché sarete in grado di individuare l'esatto punto di innesco di una nuova tendenza o di un'opportunità di scalping? Manuale d'uso:  
Advanced Currency Impulse with Alert MT5
Bernhard Schweigert
5 (1)
Indicatori
La soluzione migliore per ogni principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di caratteristiche proprietarie e una formula segreta. Con un solo grafico fornisce avvisi per tutte le 28 coppie di valute. Immaginate come migliorerà il vostro trading perché sarete in grado di individuare l'esatto punto di innesco di una nuova tendenza o opportunità di scalping! Costruito su nuovi algoritmi sott
Trend Lines PRO MT5
Roman Podpora
5 (1)
Indicatori
LINEE DI TENDENZA PRO       Aiuta a capire dove il mercato sta realmente cambiando direzione. L'indicatore mostra reali inversioni di tendenza e punti in cui i principali attori rientrano. Vedi  Linee BOS   Cambiamenti di tendenza e livelli chiave su timeframe più ampi, senza impostazioni complesse o rumore inutile. I segnali non vengono ridisegnati e rimangono sul grafico dopo la chiusura della barra. VERSIONE MT 4     -      Svela il suo massimo potenziale se abbinato all'indicatore   RFI LEVE
M1 Quantum MT5
Hamed Dehgani
4.2 (10)
Indicatori
Segnali di Trading Live con M1 Quantum: Segnale   (Operazione eseguita automaticamente dal Quantum Trade Assistant , incluso gratuitamente con questo prodotto.) Ultime notizie: La versione 1.64 è stata rilasciata. Ora tutte le operazioni hanno uno Stop Loss posizionato dietro le relative zone di Supporto/Resistenza. Anche la funzione Smart Close è stata migliorata per aumentare le prestazioni dell'EA in questa versione. Dal 9 agosto, il segnale live è in esecuzione sulla versione 1.64. Piano pr
Altri dall’autore
PZ Candlestick Patterns
PZ TRADING SLU
Indicatori
Identify over 30 candlestick patterns with precision This indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It is simply one of those indicators price action traders can't live without. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop onto established trends safely using continua
PZ Trend Trading MT5
PZ TRADING SLU
3.8 (5)
Indicatori
Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
PZ Harmonacci Patterns MT5
PZ TRADING SLU
3 (6)
Indicatori
Trade smarter, not harder: Empower your trading with Harmonacci Patterns This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] It detects 19 different harmonic pric
PZ Swing Trading
PZ TRADING SLU
5 (4)
Indicatori
Protect against whipsaws: revolutionize your swing trading approach Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Tro
PZ Goldfinch Scalper EA MT5
PZ TRADING SLU
3.33 (57)
Experts
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
FREE
PZ Trend Trading
PZ TRADING SLU
4.8 (5)
Indicatori
Capture every opportunity: your go-to indicator for profitable trend trading Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whips
PZ Reversal Fractals MT5
PZ TRADING SLU
4.51 (35)
Indicatori
This is the latest iteration of my famous indicator, Reversal Fractals, published for the first time almost a decade ago. It examines the price structure of fractals to determine possible reversal points in the market, providing timing to positional traders that already have a fundamental or technical valuation model. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Reversal fractals can start long trends The indicator is non repainting It implements alerts of all k
FREE
PZ Day Trading MT5
PZ TRADING SLU
2.57 (7)
Indicatori
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Indicatori
Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
PZ Support Resistance MT5
PZ TRADING SLU
3.71 (7)
Indicatori
Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Boo
PZ Lopez Trend MT5
PZ TRADING SLU
Indicatori
Noise filtering: the key to mastering trends This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situations Enjoy noise-free trading at all times Avoid being whipsawed in intraday charts The indi
PZ Wolfe Waves MT5
PZ TRADING SLU
Indicatori
Precision trading: leverage wolfe waves for accurate signals Wolfe Waves are naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Clear trading signals Amazingly
PZ Goldfinch Scalper EA
PZ TRADING SLU
2.7 (44)
Experts
This is the latest iteration of my famous scalper, Goldfinch EA, published for the first time almost a decade ago. It scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and tries to capitalize of inertia in price movement after a sudden price acceleration. This new version has been simplified to allow the trader use the optimization feature of the tester easily to find the best trading parameters. [ Installation Guide | Update Guide | Troublesh
FREE
PZ Harmonacci Patterns
PZ TRADING SLU
3.17 (6)
Indicatori
Trade smarter, not harder: Empower your trading with Harmonacci Patterns This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] It detects 19 different harmonic pric
PZ Swing Trading MT5
PZ TRADING SLU
5 (5)
Indicatori
Protect against whipsaws: revolutionize your swing trading approach Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Tro
PZ Turtle Trading EA MT5
PZ TRADING SLU
2 (4)
Experts
This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for
FREE
PZ Support Resistance
PZ TRADING SLU
3.33 (3)
Indicatori
Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boos
PZ 123 Pattern MT5
PZ TRADING SLU
Indicatori
Unlock powerful breakout opportunities The 123 Pattern is one of the most popular, powerful and flexible chart patterns. The pattern is made up of three price points: a bottom, a peak or valley, and a Fibonacci retracement between 38.2% and 71.8%. A pattern is considered valid when the price breaks beyond the last peak or valley, moment at which the indicator plots an arrow, rises an alert, and the trade can be placed. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ]
PZ Chart Overlay MT5
PZ TRADING SLU
4 (1)
Indicatori
Master the market: harness the power of statistical arbitrage This indicator showcases the price action of multiple instruments on a single chart, enabling you to compare the fluctuations of different assets and seamlessly implement statistical arbitrage strategies. Its main usage is to find correlated symbols which are temporarily out of whack. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  | Get Help ] Find overbought or oversold currency pairs easily Plot up
FREE
PZ Trade Pad MT5
PZ TRADING SLU
4.46 (24)
Utilità
This simple visual expert advisor allows you to trade easily from the chart. It handles risk management for you and can perform several useful tasks with your existing trades, saving time and making risk-management for each individual trade easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Trade easily from the chart Trade with precise risk management, hassle free Trade pending order with drag and drop price selection Set SL and TP levels with d
FREE
PZ Inside Bars MT5
PZ TRADING SLU
4.5 (12)
Indicatori
Enhance your price action strategy: inside bar breakouts at your fingertips This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/
FREE
PZ Turtle Trading MT5
PZ TRADING SLU
4.67 (6)
Indicatori
The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)".  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr
FREE
PZ Turtle Trading EA
PZ TRADING SLU
5 (1)
Experts
This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works f
FREE
PZ Pivot Points MT5
PZ TRADING SLU
4.91 (22)
Indicatori
This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Mod
FREE
PZ Lopez Impulse MT5
PZ TRADING SLU
5 (4)
Indicatori
Transform your trading approach with reliable bullish and bearish patterns [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue
FREE
PZ Sandwich Bars MT5
PZ TRADING SLU
5 (4)
Indicatori
Spot high-probability trades: sandwich bar breakouts at your fingertips This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern. A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  ] Easy and effective usage Customizable bar ranges Customizable color selections The indicator implements visual/mail/push/sound ale
FREE
PZ Three Drives
PZ TRADING SLU
5 (2)
Indicatori
This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It impl
FREE
PZ Trendlines
PZ TRADING SLU
4.27 (11)
Indicatori
Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Author Arturo López Pérez, private investor and speculator, softwar
FREE
PZ Inside Bars
PZ TRADING SLU
4.2 (5)
Indicatori
Enhance your price action strategy: inside bar breakouts at your fingertips This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of
FREE
PZ The Zone EA
PZ TRADING SLU
4.67 (3)
Experts
This expert advisors trades donchian breakouts according to Bill Williams's definition of "Trading in the Zone". It uses alligator to find strong trends, AC and AO to identify trading zones and MACD to avoid trading exhausted trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products  |  Get Help ] Easy to use and supervise Fully configurable indicator settings Customizable break-even, stop-loss, take-profit and trailing-stop settings Works for ECN/Non-ECN brokers and
FREE
Filtro:
Andre Matthes
693
Andre Matthes 2021.02.25 15:09 

indicator seems to work, but sadly there is no support. i had some questions about the different results with the mt4 version..but no one ansered.

PZ TRADING SLU
859136
Risposta dello sviluppatore Arturo Lopez Perez 2021.07.07 17:29
If your questions were not answered yet, please drop me a support ticket at help@pointzero-trading.com. Thanks.
Olatunde Johnbosco Ojo
191
Olatunde Johnbosco Ojo 2018.10.17 21:31 

Great indicator

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