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Triple Top-Bottom pattern

The Best Trend reversion detection pattern!

(1 customer review)

Advantages of using the “triple top / bottom pattern” indicator

  • Automatically identifies the triple top and the triple bottom patterns
  • Compatible with all instruments
  • Compatible with all ordinary timeframes and even on tick-charts!
  • Compatible with Heikin ashi, Renko, Ticks, Kagi, Three Line Break, and more
  • Patterns are completely customizable to suit your own trading style
  • The indicator does not repaint! The signal is given in real-time and allows you to operate without any delay
  • The indicator can be integrated into any indicator, using ProRealTime’s ProBuilder function
  • The indicator can be integrated into any automated trading strategy, using ProRealTime’s ProBackTest and ProOrder function
  • The indicator is sold with a ProScreener program (included for the same price), that scan the patterns in realtime, on any market and for any compatible timeframe
  • Free screener included! Scan the markets in real time to discover newly formed patterns!

Free update for ProRealTime V11

You will receive this indicator in the next 1 hour

 

This product works in any Futures, Forex or Stock/ETF Markets

Description

This indicator for ProRealTime, Triple Top-Bottom Pattern identifies the “triple top” and the “triple bottom” price patterns. It works on all markets and for any timeframe! See examples below.

HOW THE INDICATOR WORKS:

This pattern is as simple as it is effective, the triple top or the triple bottom indicate a possible reversal of the trend.

The triple top is a figure composed of three consecutive maximums, identified in an uptrend market. Between the three tops, the minimum that will act as support is identified. When the support is broke by the price, the figure is completed.

The identification of the triple bottom is identical, but in the opposite direction.

The complete patterns will appear on the price chart at Close of the candlestick that formed the breakout. The indicator allows you to choose how to display the pattern: either by showing a rectangle indicating the zone of potential inversion, or with segments that connect the points of the figure, both modes are accompanied by an arrow indicating the theoretical inversion of the trend, and a trend line passing through the first maximum, or the first minimum.

For more technical details, contact us with the contact form.

Interface of the indicator:

  1. ZigZagPerc : Enable or disable the PricePercent variable.
  2. PricePercent: Value of the percentage difference between a new high and a new low. This variable affects the size of the Pattern.
  3. Dynamic: Enable or disable the dynamic variable.
  4. Factor: Variable of the “Dynamic” function, this function allows automatic detection of patterns based on market volatility.
  5. ZigZagVal: Enabled or disabled the PointsValue variable.
  6. PointsValue: Value of the difference expressed in points, between a new maximum and a new minimum. This variable affects the size of the Pattern.
  7. FractalPoint: Enable or disable the Period variable.
  8. Period: Value of the time difference, between a new maximum and a new minimum. This variable affects the size of the Pattern.
  9. Accuracy: variable, it is possible to search for patterns with an accuracy in a range between 0 and 100%. Accuracy makes it possible to establish the alignment of the three maxima, or of the three minimum. You can observe a wide variety of patterns without discarding any possibility, or you can have an opportunity to have filtered too severely. 90% is the default threshold, but it is up to you to configure this parameter according to your own style!
  10. Extension: This variable allows to lengthen the area of potential inversion by “n” bars, which is created with the occurrence of a triple maximum or triple minimum
  11. Delay: Enable or disable the redrawing function of the early break indication, of the zone of potential inversion.
  12. TripleTop: Enable or disable the search for the Bearish Pattern.
  13. TripleBottom: Enable or disable the search for the Bullish Pattern.
  14. View: Enable or disable the visual of the reversal boxes
  15. ZigLine: Show Zig Zag line to set the parameters quickly
  16. Alpha: To manage trasparency of the indicator

Triple_Top Triple_bottom ProRealTime

Advantages of using the “triple top-bottom pattern” indicator

  • Automatically identifies the tripletop and the triple bottom patterns
  • Find thousands of examples for your study
  • Compatible with all instruments
  • Compatible with all ordinary timeframes and even on tick-charts!
  • Compatible with Heikin ashi, Renko, Ticks, Kagi, Three Line Break, and more
  • Patterns are completely customizable to suit your own trading style
  • The indicator does not repaint! The signal is given in real-time and allows you to operate without any delay
  • The indicator can be integrated into any indicator, using ProRealTime’s ProBuilder function
  • The indicator can be integrated into any automated trading strategy, using ProRealTime’s ProBackTest and ProOrder function
  • The indicator is sold with a ProScreener program (included for the same price), that scan the patterns in realtime, on any market and for any compatible timeframe
  • Free screener included! Scan the markets in real time to discover newly formed patterns!

You will receive this indicator in the next 1 hour

This product works in any Futures, Forex or Stock/ETF Markets

1 review for Triple Top-Bottom pattern

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  1. matthieuatd (verified owner)

    Good indicator, best choice!

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