The DTB Indicator is a sophisticated tool for technical analysis, designed to accurately identify double top and bottom patterns in financial charts. It’s ideal for traders and investors looking for a timely and precise signal to enhance their trading strategies.
MAIN FEATURES:
- Real-Time Detection: The DTB Indicator identifies double top and bottom patterns as they form, offering constant updates on trading opportunities.
- Distinct Signals: Generates signals for both forming and completed patterns, maximizing flexibility for traders.
- Advanced Customization: With customizable parameters, the indicator adapts to various trading needs and strategies.
- Universal Compatibility: Works on all markets and timeframes available on ProRealTime.
STRENGTHS:
- Accuracy: High level of precision in pattern detection, essential for effective trading strategies.
- Versatility: Suitable for various trading styles, from short-term to long-term.
- EASE TO USE:
Intuitive and simple interface for setup and customization. (see manual)
KEY FEATURES:
- Detection: Detects patterns in formation and completed, generates two distinct signals for advanced use of other applications or for the alarm function
- ‘Accuracy’ Parameter: Filters patterns for reliability.
- Display and Notifications: Clear signals on the chart and options for custom alarms.
ADVANCED CUSTOMIZATION:
Users can adjust various parameters such as:
- The size of the pattern to be detected.
- The accuracy of the pattern to be detected.
EXTENDED FUNCTIONALITY:
- Real-Time: Detects patterns as they form, offering traders the opportunity to act promptly.
- Alarm: Automates searching, allowing traders to focus on executing trades.
- Screener: Automates searching for patterns on selected markets and timeframes, allowing traders to focus on executing trades.
- Flexibility: Suitable for Futures, Forex, Stock/ETF, and other markets.
Conclusions and Benefits:
The DTB Indicator is a simple yet powerful tool for traders seeking precision and flexibility in technical analysis. Its customization capability and intuitive interface make it suitable for a wide range of trading strategies, significantly enhancing the effectiveness of trading decisions. Detects patterns in formation and completed, generates two distinct signals for advanced use of other applications or for the alarm function.
MANUAL:
The manual with all the necessary information to use the indicator to its fullest is available at the following link
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