Double Top Pattern Identifier

2019년 3월 5일

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.

2020년 6월 4일

릴리즈 노트

• Update
  

2021년 4월 9일

릴리즈 노트

• 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
  

2021년 4월 10일

릴리즈 노트

• Fixed a minor issue with patterns overlapping
  

2021년 4월 18일

릴리즈 노트

• Fixed bug with TP/SL levels plotting
  

2024년 6월 16일

릴리즈 노트

• 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
  

1월 12일

릴리즈 노트

• Pine Script V6
  

6월 3일

릴리즈 노트

• Minor bug fixes
  
• Minor refactoring