Double Bottom Chart Pattern with alert

Double bottom is a very common chart pattern, as its name indicates, it consists of two bottoms, and these two bottoms need to be in a relative flat price level. One of the bottom can't be much higher or lower than the other.

This indicator will detect and highlight double bottom pattern automatically on chart and alert you via SMS, email and sound.

Features:

Adjust the threshold between two bottoms.
Adjust the number of bars used to form each bottom.
Check if the first bottom is the highest in a given number of bars
Adjust the number of bars between two bottoms.
Switch of alert.

It works on all timeframes and any symbol.

You can also load more than one with different inputs to get more results on chart.

發行說明

Update the threshold setting.

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The threshold input now can be increased by 0.1

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Fixed a typo.

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Fixed a typo.

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New algorithm, easier to use and more results.

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Update: enable to change line color.

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Update to V5 with max_bars_back=1000.

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Fixed a bug.

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Upgrade to 3 sets of input, it will detect more signal than before.

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Update new feature, enable "use High Low" will use high and low wick to check the top, otherwise it will use open and close.
Also changed the min value of "Strength" to 2 instead of 3.