Double Top Pattern Identifier

5 במרץ 2019

I believe the most of users know the Double Top Pattern, so I omit the introduction.

The algorithm uses 10 internal watchers to identify the incomplete M-pattern. If any of the watchers finds the pattern, the signal will be plotted on the chart. You can customize the lookback periods for the watchers as well as you can specify the precision of the difference between two possible tops.

By default, all watchers wait for bar closing to avoid repainting issues. You can switch off this option.

Additionally, you can shift up/down the signal labels to the preferred distance.

NOTE: the orange straight lines are not included.

4 ביוני 2020

הערות שחרור

• Update
  

9 באפר׳ 2021

הערות שחרור

• Added statistics
  
• Neckline, Take Profit and Stop Loss reforged
  
• DT and Short labels now have tooltips
  
• New options for Take Profit: Points, Pips
  
• New options for Stop Loss: Last Top, Points, Pips
  
• Alerts reforged
  

10 באפר׳ 2021

הערות שחרור

• Fixed a minor issue with patterns overlapping
  

18 באפר׳ 2021

הערות שחרור

• Fixed bug with TP/SL levels plotting
  

16 ביוני 2024

הערות שחרור

• Pine Script V5
  
• Deep update of internal logic
  
• Updated Settings UI
  
• Updated Statistics table
  
• Now you can use "Any alert() function call" option for alerts
  
• Ability to customize alert messages
  

12 בינו׳

הערות שחרור

• Pine Script V6