The indicator combines the “Double Bottom” and “Double Top” reversal patterns with the indicator for determining the discrepancy between the price chart and the Momentum oscillator.

• Easily detects strong reversal signals
• Allows you to use the “Double Bottom” and “Double Top” patterns and Momentum divergence signals together or separately
• Receive notifications via email and / or to your mobile device when a signal is detected
• You can use custom colors
• The indicator does not redraw
• You can use it as part of an Expert Advisor (see below)

• ENABLE Double Top-Bottom: Enable the “Double Bottom” and “Double Top”pattern indicator.
• ENABLE Divergence: enable the Momentum divergence indicator.
• Period: the period of the Momentum oscillator.
• Applied Price: The type of price for calculating Momentum values.
• Relationship between Double Top-Bottom and Momentum Divergence-Relationship between a Reversal Pattern and a Momentum Divergence:
• Combined-sharing: all signals of the “Double Bottom” and “Double Top” patterns are shown, but the Momentum divergence signals are only shown if they match the “Double Bottom” and “Double Top” patterns. The “Double Bottom” and “Double Top” patterns and the Momentum divergence indicator should be enabled.
• Independent – separate use: indicator signals are displayed independently of each other.
• Number of Bars (odd number) [divergence only]: on this number of bars, the maximum or minimum will be determined, including the upper / lower bar. For example, with a value of 5, the maximum prices will be determined on bars whose maximum is higher than the maximum of the nearest two bars on the left and right. If the Momentum Divergence indicator is used independently, it uses this mechanism to determine the highs and lows. Otherwise, the highs and lows are determined using the “Double Bottom” and “Double Top”indicator.
• Color Settings: The color of the objects displayed on the graph.
• ENABLE Metatrader Alert: receive an alert in the MetaTrader terminal when a divergence is detected.
• ENABLE Email Alert: receive an email notification when a divergence is detected.
• ENABLE Push Notification: Receive a push notification to your mobile device when a divergence is detected.

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• Combined-sharing: all signals of the “Double Bottom” and “Double Top” patterns are shown, but the Momentum divergence signals are only shown if they match the “Double Bottom” and “Double Top” patterns. The “Double Bottom” and “Double Top” patterns and the Momentum divergence indicator should be enabled.
• Independent – separate use: indicator signals are displayed independently of each other.

• Buy=0
• Sell=1

• Buy=0
• Sell=1

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