Cyatophilum Double Top & Bottom [ALERTSETUP]
Version Alpha
The indicator is subject to changes.
This indicator's goal is to help automatically find double top and double bottom patterns.
Its core algorithm uses purely price action and does not use any kind of overbought/oversold oscilator.
[Simple Top/Bottom]
To be validated, a double top/bottom must be preceded by a simple top/bottom.
Parallel Channels
To be validated, a double top/bottom must be inside the top/bottom parallel channel. Channels will expire after some time. A channel's range is automatically calculated when changing timeframe or symbol. Channels can be used to trade breakouts after a double top/bottom happened.
Alerts
This indicator allows to create automated alerts in order to receive signals for an event. The available alerts are:
- Double Bottom
- Double Top
- Simple Bottom
- Simple Top
Send me a message if you would like to help me test the indicator.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact cyatophilum directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact cyatophilum directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/