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Display Double Top on your charts.
Works on all timeframes.

Parameters and criterias adjustables without having to modify the screener / indicator code , allowing everyone to have the tools adapted to his own criterias.

 

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The Double Top, M, is a bearish reversal pattern. The indicator will display Double Top on your charts.
Different display are available on charts.

Depending on everyone criteria, as well as the timeframe used, many parameters are adjustable to allow everyone to have the tool that suits them, and this without having to modify the slightest line of code.

To adjust indicator parameters, simply open the Configuration menu  :

The values shown above are given, as examples and do not constitute an optimal or recommended setting, everyone should find his own settings.

Adjustable validation criteria :

  • Maximum percentage between tops
  • M minimum height
  • Maxi distance between actual price and keypoints

 

Available filters :

  • Actual price near tops
  • Actual price near neckline
  • Actual price breaking out neck line
  • Bearish divergence RSI on tops
  • Neckline touching sma20

 

Display Options :

  • Arrows on keypoints
  • M’s triangles
  • M’s lines
  • Theoretical objective

 

Characteristics :

  • Works on all TimeFrames
  • ProRealTime V11 and later versions compatible
  • Free ProRealTime (daily closings) compatible
  • Automatic and free updates

 

 

🇫🇷 M, Double Top / 🇮🇹 M, Doppia Cima / 🇩🇪 M, Doppeltop / 🇪🇸 M, Doble Techo

 

 

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