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PZ Double Top Bottom MT5

0.00

This index finds double-top and double-bottom reversal patterns and creates trading signs using breakouts.

[ Manual
installation directions
| Manual
by upgrade
| Elimination
troubleshooting
| FAQ
| All
products
]

  • apparent trading signals
  • Customizable colors and sizes
  • Implements performance figures
  • Customizable Fibonacci Retracement levels
  • It shows the ideal stop loss and take profit levels
  • It implements email / audio / visual alerts
These patterns can expand, and the indicator follows the pattern by repainting. however, the indicator implements a rotation to
simplify trading: it waits for a Donchian breakout in the right direction before signaling a trade by making its signals
very reliable and mostly non-redrawable.

Input parameters

  • Amplitude: The amplitude represents the minimum number of bars between alternative price points. To find the big ones
    samples, increase the amplitude parameter. To find smaller samples, reduce the amplitude parameter.
  • Minimum Retracement: The minimum Fibonacci correction required in the pattern.
  • Maximum. Retracement: Maximum possible Fibonacci retracement in the pattern.
  • Max History Bars: The number of past bars to evaluate when the indicator is loaded on the chart.
  • Show Statistics: Show or hide the statistics panel and performance data.
  • Display SL / TP levels: Show or hide the appropriate stop loss and take profit levels for each signal.
  • Drawing options: colors and sizes for bullish or bearish lines and labels, as well as font sizes.
  • Breakouts: Colors and sizes of breakout arrows.
  • Alerts: Enable or disable all types of alerts.

author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

[spoiler title=”Read More…”]

This index finds double-top and double-bottom reversal patterns and creates trading signs using breakouts.

[ Manual
installation directions
| Manual
by upgrade
| Elimination
troubleshooting
| FAQ
| All
products
]

  • apparent trading signals
  • Customizable colors and sizes
  • Implements performance figures
  • Customizable Fibonacci Retracement levels
  • It shows the ideal stop loss and take profit levels
  • It implements email / audio / visual alerts
These patterns can expand, and the indicator follows the pattern by repainting. however, the indicator implements a rotation to
simplify trading: it waits for a Donchian breakout in the right direction before signaling a trade by making its signals
very reliable and mostly non-redrawable.

Input parameters

  • Amplitude: The amplitude represents the minimum number of bars between alternative price points. To find the big ones
    samples, increase the amplitude parameter. To find smaller samples, reduce the amplitude parameter.
  • Minimum Retracement: The minimum Fibonacci correction required in the pattern.
  • Maximum. Retracement: Maximum possible Fibonacci retracement in the pattern.
  • Max History Bars: The number of past bars to evaluate when the indicator is loaded on the chart.
  • Show Statistics: Show or hide the statistics panel and performance data.
  • Display SL / TP levels: Show or hide the appropriate stop loss and take profit levels for each signal.
  • Drawing options: colors and sizes for bullish or bearish lines and labels, as well as font sizes.
  • Breakouts: Colors and sizes of breakout arrows.
  • Alerts: Enable or disable all types of alerts.
  • Amplitude: The amplitude represents the minimum number of bars between alternative price points. To find the big ones
    samples, increase the amplitude parameter. To find smaller samples, reduce the amplitude parameter.
  • Minimum Retracement: The minimum Fibonacci correction required in the pattern.
  • Maximum. Retracement: Maximum possible Fibonacci retracement in the pattern.
  • Max History Bars: The number of past bars to evaluate when the indicator is loaded on the chart.
  • Show Statistics: Show or hide the statistics panel and performance data.
  • Display SL / TP levels: Show or hide the appropriate stop loss and take profit levels for each signal.
  • Drawing options: colors and sizes for bullish or bearish lines and labels, as well as font sizes.
  • Breakouts: Colors and sizes of breakout arrows.
  • Alerts: Enable or disable all types of alerts.

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

[/spoiler]

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