Triplebottom — المؤشرات والاستراتيجيات

Double&Triple Pattern[TS_Indie]📌 Description – Double & Triple Pattern Indicator The Double & Triple Pattern Indicator is developed to help traders systematically and clearly identify Double Top, Double Bottom, Triple Top, and Triple Bottom chart patterns. ⚙️ Core Logic & Working Mechanism The Double & Triple Pattern Indicator is built on the concept of price swing formation, based on the logic of Trend Entry_0 , which focuses on structured market analysis and price action behavior. The indicator detects three main swing points (Swing 1, Swing 2, and Swing 3). A Fibonacci Box is then created using Swing A and Swing B as reference points to define the swing detection zone. When all three swings remain inside the defined Fibonacci Box, the structure is considered a valid Price Action setup. The indicator then plots key lines on the chart: ➩ Break Line – used to confirm the signal (confirmation) ➩ Cancel Line – used to invalidate the price action if price moves against the conditions ➛ When price breaks the Break Line , the structure is confirmed and a Pending Order is placed at Swing B , with the Stop Loss set at Swing 1. ➛ If price breaks the Cancel Line first, the price action structure is immediately invalidated. ⚙️ Fibonacci Entry Zone & Change SL Settings ➩ When Fibo Entry Zone is set to 0, the Pending Order is placed directly at Swing B. ➩ When the value is greater than 0, the Pending Order is calculated using Fibonacci levels drawn from Swing B to the Stop Loss level. ➩ Change SL allows switching the Stop Loss reference between Swing 1 and Swing A. ⚙️ Min & Max Control for Swing Size : xATR When enabling Control Size Swing : xATR , the indicator filters Swing B based on the defined Min and Max range. This allows traders to selectively test larger or smaller swing-based price actions , depending on their trading strategy. ⭐ Pending Order Cancellation Conditions A Pending Order will be canceled under the following conditions: 1.A new Price Action signal appears on either the Buy or Sell side. 2.When Time Session is enabled, the Pending Order is canceled once price exits the selected session. 🕹 Order Management Rule When there is an active open position, the indicator restricts the creation of new Pending Orders to prevent overlapping positions. 💡 Double Pattern Example 💡 Triple Pattern Example ⚠️ Disclaimer This indicator is designed for technical analysis purposes only and does not constitute investment advice. Users should apply proper risk management and make decisions at their own discretion. 🥂 Community Sharing If you find parameter settings that work well or produce strong statistical results, feel free to share them with the community so we can improve and develop this indicator together.

Smart Chart Patterns: Breakout Boxes ## Abstract This script is an algorithmic pattern recognition tool designed to identify, validate, and trade classical reversal structures (Double/Triple Tops and Bottoms). Unlike subjective drawing tools, this indicator employs a quantitative approach to geometry. It utilizes Volatility Normalization to ensure that angle detection works consistently across all asset classes—from high-priced assets like Bitcoin to low-volatility Forex pairs—without requiring manual recalibration. ## Methodology & Features 1. Pivot Chaining & Integrity Checks The algorithm identifies Swing Highs and Swing Lows (Pivots). It then "chains" them together to form resistance or support barriers. Integrity Check: The script strictly enforces that price action between pivots must not violate the connecting line. If price cuts through the line, the pattern is invalidated immediately. 2. Angled vs. Horizontal Structures Angled Mode: Allows for "channel-like" tops and bottoms (e.g., Rising Wedges or Descending Channels) up to a user-defined volatility-adjusted angle. Horizontal Mode: If angled lines are disabled, the script applies a strict 1-degree tolerance filter, identifying only classical "Flat" Double/Triple patterns. 3. Trend Filtering To reduce false positives in ranging markets, the script includes a directional filter: Double Tops are only validated if preceded by a quantitative Uptrend. Double Bottoms are only validated if preceded by a quantitative Downtrend. Trend Strength is measured by the net price displacement relative to ATR over a lookback period. 4. Automated Risk Management Upon pattern confirmation (breakout), the script automatically projects: Target (Green): Projected based on the vertical height of the pattern (Pivot to Neckline). Stop Loss (Red): Calculated dynamically using the Neckline ± (1.5 * ATR), adapting to current market volatility. ## Settings Guide Min Touches: Set to 2 for Double patterns, 3 for Triple patterns. Trend Filter: Enable to ensure the pattern is reversing an existing trend. Angle Control: Adjusts the maximum allowed slope. Because this is normalized, 15.0 is a robust default for almost all assets. Targets & Stops: Toggles the automated SL/TP lines and adjusts their multipliers.

Double/Triple Tops & Bottoms & Rectangle Boxes This indicator is an algorithmic pattern recognition tool designed to automatically identify, validate, and track significant reversal structures—specifically Double/Triple Tops and Bottoms. Unlike subjective drawing tools, this script uses a strict set of quantitative rules based on swing pivots and volatility (ATR) to define market structure. The Logical Methodology The script operates on a three-stage "scientific" detection process: Pivot Chaining (Level Detection): The algorithm scans for significant swing highs and lows using a user-defined lookback period. It stores these pivot levels and monitors subsequent price action. If price returns to a previous pivot level within a specific volatility threshold (normalized by ATR), it registers a "touch." Pattern Construction (Neckline Identification): Once a level has been touched the required number of times (e.g., 2 for Double patterns, 3 for Triple patterns), the script calculates the "Neckline." For Tops: It identifies the lowest trough between the peaks. For Bottoms: It identifies the highest peak between the valleys. This creates a valid trading range, visualized as a blue box connecting the pivot level to the neckline. Signal Validation (Breakout vs. Failure): The pattern remains in a "pending" state until a breakout occurs. Confirmation: A signal is generated only when a candle closes beyond the neckline (below for Tops, above for Bottoms). Invalidation: If price breaks the pivot level itself (e.g., makes a higher high on a Double Top) before breaking the neckline, the pattern is immediately marked invalid to prevent false signals. Key Features ATR-Based Sensitivity: Uses Average True Range to dynamically adjust how "precise" a re-test must be, adapting to changing market volatility. Dual-Scanning: Can independently scan for Triple Tops (Bearish) and Double Bottoms (Bullish) simultaneously with separate settings. Time & Width Constraints: Filters out "noise" by enforcing a minimum pattern width (in bars), ensuring only structurally significant patterns are displayed. Settings Guide Min Top/Bottom Touches: Set to 2 for Double patterns or 3 for Triple patterns. Pivot Lookback: The number of bars used to define a swing point (higher = larger, more significant patterns). Touch Sensitivity: Adjusts how strictly the price must match the previous level. Min Pattern Width: Prevents the detection of micro-patterns that are too narrow to be reliable.

Arnaud Legoux Moving Average Set [DM]Greetings Colleagues As it could not be otherwise in the soul series could not miss its own moving average. Here you can enjoy 3 soul moving averages with color variables and alerts on all crosses of the three moving averages /// Quick Explained ALMA /// //Window size: The window size is the look-back period and it is a basic setting of ALMA. //Experienced traders can change this setting according to their preference. //But if you are using this indicator for the first time, it is recommended to go with the default setting. //Offset: The offset value is used to tweak the ALMA so that it will be more inclined //towards responsiveness or smoothness. You can set the offset in decimals between the 0 to1. //The value of 0.01 makes it smoother, while a setting of 0.99 makes the indicator more responsive. //Sigma: The sigma is used for the filter. Any value less than 6 makes the indicator //more focused, whereas the setting of 6 makes the filter large. According to Mr Arnaud, //a sigma value of 6 is offer good performance.