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Ultimate Double Top Bottom Reversal Scanner

This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts.

Please read also the blog post "Professional Trading With Double Tops/Bottoms And Divergences!" which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach.

You can get alerts via MetaTrader 4, email and push notifications at the moment when a signal occurs on any timeframe and any trading instrument you have configured.

You need to install this indicator on only one single chart. The indicator then scans up to 30 instruments and 8 timeframes automatically for you!


Important

When launched in the strategy tester of MetaTrader 4 (when you test the demo version), the indicator will draw the signals on the chart. This feature is added, so that you can evaluate the signals which will be alerted in real time.

The purpose of this indicator is to alert signals so that you will be able to trade these signals even with a normal day job. Therefore, on live charts you will only see the dashboard view as shown in the video. This indicator will NOT draw signals on live charts.

If you need the signals visible on live charts, then you can additionally purchase the Ultimate Double Top Bottom Reversal Indicator


Parameters

  • alertsLong: True = Yes, False = No - if true, then the indicator alerts occurrences of "Double Bottom" signals for long entries
  • alertsShort: True = Yes, False = No - if true, then the indicator alerts occurrences of "Double Top" signals for short entries
  • alertsViaMT4: True = Yes, False = No - if true, then the indicator gives alerts via MetaTrader 4 popup
  • alertsViaEmail: True = Yes, False = No - if true, then the indicator gives alerts via email
  • alertsViaPush: True = Yes, False = No - if true, then the indicator gives alerts direct to your mobile phone
  • alertsM1: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on M1
  • alertsM5: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on M5
  • alertsM15: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on M15
  • alertsM30: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on M30
  • alertsH1: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on H1
  • alertsH4: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on H4
  • alertsD1: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on D1
  • alertsW1: True = Yes, False = No - if true, then the indicator searches for "Double Top/Bottom" signals on W1
  • templateName: - if you press a button on the chart (which contains the name of an instrument), then the appropriate chart will open and a template with the specified name will be attached
  • checkEveryXSeconds - every X seconds, the indicator checks the next instrument/timeframe for the occurrence of a "Double Top/Bottom" signal
  • i1-i30 - define up to 30 instruments, which will be monitored/checked for the occurrence of a "Double Top/Bottom" signal
Comentários 8
Rafael Cadosch
717
Rafael Cadosch 2020.02.02 01:42 
 

A very good signals product that makes consistent money knowing how to use it correctly of course. a must buy for active traders imo.

fantasystar7777
56
fantasystar7777 2019.04.14 03:15 
 

Points out exactly what it says it will. Masterfully done. Don't think twice, the effort put in shows.

diu
510
diu 2018.12.30 02:02 
 

Extremely useful and accurate!

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Tweezer Pro Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Futures, Commodities and Cryptos. The standard Tweezer is a two bar pattern. Our enhanced version is a multi-bar pattern. We filter the patterns for you so that you only get the   best and most effective patterns   and ignore the noise. The Tweezer pattern is a simple and effective pattern to trade. The strategy that comes with the Tweezer is based on price action. The Tweezer Pro version let user
177 USD
Draga13
Yriy Doronin
The indicator is created using a unique algorithm that has no analogues. Based on the calculations, the contract price itself and the percentages displayed in it are calculated, which are displayed in the indicator in the form of histograms in two drawing options, as well as in six options for displaying prices on a chart in various combinations, which allows you to accurately see the interest of all trading participants in the form of drawing levels support and resistance. Trading decisions can
8 000 USD
Inrex Indicator
Yip Sin Hang
100% No repaint Indicator to help Manual Traders and EA Traders  Inrex Indicator is our first Indicator which calculated by many unique data , as Inrex EA do not believe all the common indicators like RSI MACD . Those are replant indicator may cause a misconception to traders .  Inrex Indicators helps all Manual Traders and EA Traders about daily Range and which pairs to trade with all the Ea in the industry . Signals with this indicator : https://www.mql5.com/en/signals/618789 For EA Tr
299 USD
Supreme Commander
Ramon Sobrevals Arce
💢💢  LUNCH OFFER  💢💢 the first 15 purchases << Now only $199 after $299!! >>  We are glad to introduce you to the indicator of the indicators . The Most Powerful Technique to Determine Forex Trend Strength in 2020. We have perfected Supreme Commander that it calculates an average of the selected indicators (up to 16) and the selected timeframe (all) with the result of a single trend that indicates the potential of buying and selling.  🌟 The main goal🌟 for this algorithm is to determine acc
199 USD
Icarus Auto Dynamic Support and Resistance
JAMES D SCUDERI
The Icarus Auto Dynamic Support and Resistance  Indicator provides a highly advanced, simple to use tool for identifying high-probability areas of price-action automatically - without any manual input whatsoever. .  All traders and investors understand the importance of marking horizontal levels on their charts, identifying areas of supply and demand, or support and resistance. It is time-consuming and cumbersome to manually update all instruments, across all timeframes, and it requires regular
139 USD
Breakout Sniper
Elmira Memish
Breakout Sniper draw trendlines by using improved fractals and plots the breakout and reversal points. NO REPAINTS By using the Multi Period and Multi Timeframe  - Easily identify the potential reversal and breakout levels. - Plot the patterns like triangles, head and shoulders, wedge patterns, cup and handle patterns etc. - Indicator draws arrows only when a breakout happens. - You can see the uncompleted/forming trendlines as well. INPUTS: Signal Mode: After Close ( Puts Arrow afte
200 USD
Magic Typhoon
Tuan Anh Dao
*** THIS MOST POWERFULL INDICATOR, I WILL SELL ONLY 10 Pcs, OR THIS WILL CLOSE AT THE END OF OCTOBER *** The indicator allows you to trade binary options. The recommended time frame is М1 and the expiration time is 1,2 minutes. The indicator suitable for Auto and Manual trading. A possible signal is specified as a arrows above/under a candle. You should wait until the candle closes! Arrows are not re-painted Trade sessions: US section Currency pairs: Any Working time frame: M1 Expiration time
480 USD
Magic Tornado
Tuan Anh Dao
*** THIS MOST POWERFULL INDICATOR, I WILL SELL ONLY 10 Pcs, OR THIS WILL CLOSE AT THE END OF OCTOBER *** The indicator allows you to trade binary options. The recommended time frame is М1 and the expiration time is 2,3 minutes. The indicator suitable for Auto and Manual trading. A possible signal is specified as a arrows above/under a candle. You can entry current or new candle Arrows are not re-painted Trade sessions: US section Currency pairs: Any Working time frame: M1 Expiration time: 2,3
480 USD
Gann Dynamic Square
Naveen Saroha
INTRODUCING WORLD'S FIRST MT4 & MT5  Gann Dynamic Square, Circle and Equilateral Triangle  To Analyze Market Geometric Relationship. Gann Dynamic Square  has some of the most impressive features you will ever find in Gann & Geometric Analysis world. The Gann Dynamic Square is a tool to draw offset Square,Equilateral Triangle & Circle. Most charting software or MT4/MT5 market indicators don't have these features. You will be able draw your Geometric shapes like a professional geometric analy
299 USD
Filtro:
Rafael Cadosch
717
Rafael Cadosch 2020.02.02 01:42 
 

A very good signals product that makes consistent money knowing how to use it correctly of course. a must buy for active traders imo.

fantasystar7777
56
fantasystar7777 2019.04.14 03:15 
 

Points out exactly what it says it will. Masterfully done. Don't think twice, the effort put in shows.

diu
510
diu 2018.12.30 02:02 
 

Extremely useful and accurate!

indash
79
indash 2018.11.13 15:11 
 

The scanner is very accurate and it is better to couple it with the Ultimate Top and Bottom Indicator.

But where the scanner is incredible is that you can have until 30 custom pairs to be scan, on 8 timeframes !!

No lag and easy to configure. Good good.

shagadelic78
119
shagadelic78 2018.05.13 19:51 
 

After 5 years of trading, i can say there is not a lot of profitable stuff out there.

This signal is my favourite. And... yes it is profitable if you do what Mike does recommend in his videos/blog!

Also to note: there is an Telegram channel - Mike and a view very nice Admins (Ali/Mustafa) were helping me a lot.

I had technical problems - got help from Mike even on weekend :)

I do recommend this without any hesitation.

Try the free indicator, and backtest the results!

Cheers Shaga

reachusman
64
reachusman 2018.05.10 09:46 
 

Usuário não fez qualquer comentário quanto a classificação

cybeh
104
cybeh 2018.04.09 08:14 
 

No repaint. And when used properly, this Double Top/Bottom Scanner proves itself to be a very effective and most helpful tool! Takes away the need to be glued to the monitor, flipping charts around different pairs and time frames hunting and waiting for Double Top/Bottom signals to appear. Great job!

Nikolaos Salichos
31
Nikolaos Salichos 2018.02.15 20:58 
 

Amazing products both the indicator and the scanner.

The indicator is not repainting and most signals on big timeframes (&gt;= 1 hour) are very accurate (at least give you a high probability chance to make some money)

Scanner just help you in terms of "not switching charts" every second. In scanner you can use the custom pairs and choose which timeframes you want to check.

In addition Mike (author) is very helpful and happy to answer your questions.

Finally you can see from the way the scanner runs that it is well coded from a good developer (which is very important is terms of not "lagging" while it scans every one second)

Few products in the market provide so good quality.

Thank you Mike! Keep it up with more good products.

Responder ao comentário
Versão 1.11 2019.10.06
Small bug fix regarding: Automatic detection of "suffix" and "prefix" in instrument name
Versão 1.10 2019.10.02
Automatic detection of "suffix" and "prefix" in instrument name
Versão 1.9 2019.10.01
Changes in pre-configured instrument names.
Versão 1.8 2018.10.17
Better error messages / solution explanation when symbol names don't match
Versão 1.7 2018.06.07
Automatic setting of chart properties like colors and scale fix. Better user experience. No manual configuration of the chart properties needed anymore.
Versão 1.6 2018.04.24
Optimized calculation. Faster/less CPU usage.
Versão 1.4 2018.04.12
Bug Fix: Avoiding multiple alerts for the same signal
Versão 1.3 2018.04.02
Bug Fix: in rare occasions, it was possible for the scanner to give signals after the candle closed, instead of generating it directly when the neckline is touched. Now all signals are generated directly when the neckline is touched.
Versão 1.2 2018.03.28
Bug Fix: It was possible that the scanner did not give alerts under some conditions.

Enhancement: Now, the last closed candle is also checked for signals.