graal_tut

Double top/bottom

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Hello!
This alerts is based on the double bottom pattern - for entering a long position / double top-short

A double bottom pattern is formed when two price bottoms are relatively at the same level and the top acts as resistance. This pattern appears at the end of a downtrend and signals a reversal.

A double top is a bearish reversal pattern that signals the end of an uptrend. It is formed by two price highs forming at the same level and a notch line that acts as local support.

As history and practice show, the double bottom pattern works better. Moreover, in a bull market.

// LOGIC ENTRY:
Period for short and long positions-to search for double bottom as well as double top . the more, the less false.

Change liong and short-channel width for pattern search separately for long and short.

General shift-the overall width of the channel, which changes equally at once for long and short

By default, quiet settings for 1 hour

You can choose the settings you like.

//FILTER SETTING
-RSI
If the checkbox is checked, the filter will be enabled.
The higher the upper bound, the less frequent short entries.
The lower the indicators of the lower border, the less frequent entries to the long
Nota Keluaran:
-Added the ability to use data from any timeframe
Skrip dilindungi
Skrip ini diterbitkan secara sumber tertutup dan anda boleh menggunakannya dengan bebas. Anda boleh menyukainya untuk menggunakannya pada carta. Anda tidak dapat melihat atau mengubah kod sumbernya.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

Ingin menggunakan skrip ini pada carta?