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Double Top Bottom Patterns Indicator
Double Top Bottom Patterns Indicator For MT4 scans and provides BUY and SELL arrow signals and alerts for forex trading.
The Double Top Bottom Patterns indicator for MT4 scans the price charts automatically and identifies the best double top and double bottom pattern trading opportunities. Moreover, the indicator confirms the price breakout after the pattern and provides BUY and SELL arrow trading signals. So forex traders can focus on trading the pattern, rather than searching for one.
The indicator works well for new and advanced forex traders. New traders will find it easy to spot the patterns, while advanced forex traders can combine support and resistance, channel breakouts, and trendlines for additional confirmation of the pattern. The pattern works well in all intraday chart time frames and daily, weekly and monthly charts, with higher time frame charts producing bigger, tradeable patterns.
Double Top Bottom Patterns Indicator For MT4 Trading Signals
The above GBPJPY H1 chart shows the Double top bottom patterns indicator for MT4 in action. The indicator plots bullish patterns in SKY BLUE and bearish patterns in Salmon. Moreover, it shows the BUY arrow trading signal in BLUE and SELL arrow signal in RED. The indicator may recalculate and redraw the patterns if necessary.
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