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An indicator of patterns #13 – #20 (“Double Tops” and “Double Bottoms”, types Adam-Adam, Adam-Eva, Eva-Adam, Eva-Eva) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Adam – sharp tops/bottoms, Eva – flat ones.
Parameters:
- Alerts – show alert when an arrow appears
- Push – send a push notification when an arrow appears (requires configuration in the terminal)
- PeriodBars – indicator period
- K – an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys should be, so fewer patterns will be recognized
- AdamAdam – type Adam-Adam
- AdamEve – type Adam-Eva
- EveAdam – type Eva-Adam
- EveEve – type Eva-Eva
- ArrowType – a symbol from 1 to 17
- ArrowVShift – vertical shift of arrows in points
- ShowLevels – show levels
- ColUp – color of an upward line
- ColDn – color of a downward line
- Auto5Digits – automatic multiplication of ArrowVShift by 10 when working with 5 and 3 digit quotes.
Note. Arrows appear on a forming bar and do not disappear.
It cannot be guaranteed that the indicator recognizes the patterns exactly as implied by the author.
Recommended optimization parameters: PeriodBars, K and different combinations of parameters AdamAdam, AdamEve, EveAdam, EveEve.
