Hi, I cannot use this indicator on MT4 with pairs have suffixes or prefixes.

My  broker MT4 has symbol "EURUSDi" and when I put the indicator on EURUSD chart pair I get alert "The Fee version works only on EURUSD and GBPUSD".

Hi Aravind,

thank you for your feedback. I will check and upload an update with a fix for that problem.

Best regards

Mike Semlitsch

Hi, 

this indicator is not just working fine, it's working GREAT !!!

Thank's Mike for your strong support, always there to help all the members !

Cheers

Fred C

Awesome indicator!! Extremely reliable when you follow the rules. Great support from Mike and his Telegram Channel.

Cheers

Joe Tsatsi

Hello Traders,

please read the blog post 

How To Yield Big Winners Consistently!

which explains the concepts behind indicator and how you can use a top-down approach to get 15 - 20R winning trades on a regular basis.

Best regards

Mike Semlitsch

Hi Daniel,

I wrote you a PM.

For all others who may have a less powerful computer or running a lot of MT4 instances/charts, here is the solution for "freezing problems":

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Please reduce the amount of candles visible on the charts to e.g. 5000 and then, very important, restart MT4. This should help to reduce the calculation a lot.

You can change the amount of candles visible on the chart in the menu "Tools->Options->Charts" and then set the value "Max bars in chart" to 5000.

======

Best regards

Mike Semlitsch

New blog with

Highest Quality Setups 

I will add new Setups on a regular basis. 

Enjoy :)

Hi there, 

I was going to try out the free version of your indicator to my mt4 but I see my broker shows eurusd as eurusdpro so curious if this will prevent the indicator to work as I wanted to check your free version before purchasing the regular?

thanks for your help

Hi Amfels,

as I wrote you via PM. Please download a demo account from e.g. Admiral Markets and test the indi there. In the meantime I will upload an updated version which also allows lower case "eurusd" instrument names.

Best regards

Mike Semlitsch

Hello Traders!

This blog post gives you REAL-TIME MACD Divergence Analysis for FREE and tips how to trade the divergences:

REAL-TIME MACD Divergence Analysis

Best regards
Mike Semlitsch

This setup was alerted by the Double Top/Bottom-Scanner and and the divergence was detected with the MACD Multi Time Frame

See also the Double Top/Bottom Indicator

Best regards

Mike Semlitsch

Hi Trader!

These are the recent two trades on USDJPY which were announced live in our great trading community on telegram with 600+ happy members.

We select the best signals only which are always in conjunction with an edge of the bigger picture. The short trade was a H1 double top signal within a bearish divergence on H4. The long trade is a double bottom which jumped away from a rising trend line.

After the purchase of the Ultimate Double Top Bottom Reversal Indicator or the Ultimate Double Top Bottom Reversal Scanner you will get access to the telegram group and learn from experienced traders.

Best regards
Mike Semlitsch

Hi Trader!

The long trade on UJ gave also a nice winner. Result: +1.5R

I explained in the free telegram group in real-time why the final stop-hunt occurred before the upward move began:

All was posted live in the group where 600+ happy traders are successfully trading double tops/bottoms:

After the purchase of the Ultimate Double Top Bottom Reversal Indicator or the Ultimate Double Top Bottom Reversal Scanner you will get access to the telegram group and learn from experienced traders.

Best regards
Mike Semlitsch

In our group we trade with a winning percentage which most traders don't believe that this is possible!

The secret to our success is: We have preferred setup types. And we focus only on these types!

Here comes another great example of trading with a plan and simply executing it. On Thursday a double bottom signal on EURUSD H1 occurred. One of our leading traders ALI posted all his thoughts and the road map of this trade in real-time in the telegram group.

Alis trading style is waiting with the entry if resistance is in front of trading direction near the entry signal (in this case the double bottom on H1).

He posted the following chart in real-time to guide the group:

As you can see from the screenshot of the telegram time line it was posted in real-time and the was discussing the trade plan:

Then the EURUSD broke the trend line and Ali made the entry as announced:

Ali posted in real-time with warning for the next resistance level:

Ali updated the group with his further game plan. Showed the next trend line which acted as resistance:

As always done in real-time:

Also this trend line was broken because of the strong setup (Bullish divergence on H4) and Ali even added to his position:

And Ali informed the group:

You can join this wonderful community which has grown to 609 members and which is growing every day. After the purchase of the Ultimate Double Top Bottom Reversal Indicator or the Ultimate Double Top Bottom Reversal Scanner you will get access to the telegram group and learn from experienced traders.

Best regards
Mike Semlitsch

I love the feedback from long term users of the double top/bottom indicator.

This member of the group uses the indicator since 6 months and this is how profitable he was during the last 6 months:

Another long term member of the group even want to invite me to speak in Nigeria to teach how to make money online:

You can join this wonderful community which has grown to 625 members and which is growing every day. After the purchase of the Ultimate Double Top Bottom Reversal Indicator or the Ultimate Double Top Bottom Reversal Scanner you will get access to the telegram group and learn from experienced traders.

Best regards
Mike Semlitsch

Great indicator Mike, I use it as my main indicator now for the last 3 months, very nice work!