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    Thread: FREE Double Top/Bottom Indicator - Very Good Edge

    1. #1
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      Default FREE Double Top/Bottom Indicator - Very Good Edge

      Hello,

      I'm Mike Semlitsch the owner of www.PerfectTrendSystem.com.

      I trade since 11 years and I'm a professional coder since 23 years. My ultimate goal is to deliver real value to the retail trading community.

      I have programmed a double top/bottom indicator which gives a good edge over the market. Until now 5000+ traders are already using it.

      You can get the indicator for FREE here: The Ultimate Double Top/Bottom Indicator

      The following video shows the possible performance of the indicator:


      The best signals occur on the time frames M30 and H1.

      If you are an experienced trader then you already know the highest quality signals will occur in direction of an edge of the bigger picture.

      This could be e.g. a MACD-divergence on H4 + a double top/bottom signal on M30/H1 in direction of the divergence. Or trend lines drawn on D1/H4 + a double top/bottom signal on M30/H1 directly at a trend line.

      We trade this top-down approach (bigger picture edge + lower tf signal) in a free telegram group. You can register here: FREE DTB Telegram Group

      As you can see from the reviews below the community around the double top/bottom indicator is very happy with the trading method and my service:









      There are also paid indicators available around the Double Top/Bottom approach. The following screenshots are showing the reviews for those products:







      I have written a lengthy article about the trading approach "H4 Divergence + M30/H1 Signal" which you can read here: Article H4 Divergence + M30/H1 DTB

      At the bottom of this article I got the following great feedback from my community:







      In this thread I will post various charts with different "bigger picture + lower TF signal" trading setups. Then the trading approach will get clear.

    2. The Following User Says Thank You to MikeSem For This Useful Post:

      PhantomTrader79 (04-16-2018)

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      Default

      This chart pattern is one of the most reliable and also profitable in the trading world.
      It's good that you encoded this into an indicator and I think many people who understand will value this indicator highly.

      It's also getting rave reviews from many people which is a good sign

    5. #3
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      Quote Originally Posted by PhantomTrader79 View Post
      This chart pattern is one of the most reliable and also profitable in the trading world.
      It's good that you encoded this into an indicator and I think many people who understand will value this indicator highly.

      It's also getting rave reviews from many people which is a good sign
      Thank you PhantomTrader for the kind words!

      Yes this pattern combined with an edge from the bigger picture is extremely profitable.

      ---------- Post added at 09:36 AM ---------- Previous post was at 09:33 AM ----------

      Hello Traders,

      the following screenshot shows a double bottom signal on EURNZD H1 within a bullish MACD Divergence. This signal gave a nice winning trade.




      The following H4 chart shows the MACD divergence:




      Free Double Top/Bottom Indicator
      FREE Signals + Telegram Group

      ---------- Post added 04-17-2018 at 08:51 AM ---------- Previous post was 04-16-2018 at 09:36 AM ----------

      Hello Traders,

      the following screenshot shows a bearish MACD Divergence on EURJPY H4:

      [IMG][/IMG]


      At such H4 divergence setups we wait for a double top at the highest high of the upward move:

      [IMG][/IMG]


      Or a double top near the highest high of the upward move:


      [IMG][/IMG]



      The following instruments are in a bullish H4 divergence: EURCAD
      The following instruments are in a bearish H4 divergence: USDJPY EURJPY [DAX30] NZDCHF CADCHF

      Free Double Top/Bottom Indicator
      FREE Signals + Telegram Group

    6. #4
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      Default

      Hello Traders,

      recently was a double top signal on EURUSD H1 within a bearish MACD Divergence. The signal developed into a good winning trade.

      [/IMG]


      The following chart shows the situation on H4:

      [IMG][/IMG]


      [IMG] Free Double Top/Bottom Indicator[/IMG]
      [IMG]FREE Signals + Telegram Group[/IMG]

      ---------- Post added 04-19-2018 at 08:00 AM ---------- Previous post was 04-18-2018 at 09:57 AM ----------

      Hello Traders,

      the following screenshot shows a bearish MACD Divergence on BRENT H4:

      [IMG][/IMG]


      At such H4 divergence setups we wait for a double top at the highest high of the upward move:

      [IMG][/IMG]


      Or a double top near the highest high of the upward move:


      [IMG][/IMG]



      The following instruments are in a bearish H4 divergence: EURJPY EURUSD [DAX30] NZDCHF CADCHF BRENT USDCHF

      [IMG] Free Double Top/Bottom Indicator[/IMG]
      [IMG]FREE Signals + Telegram Group[/IMG]

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    8. #5
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      Hello Traders,

      the following screenshot shows a bearish MACD Divergence on BRENT H4:

      [IMG][/IMG]

      When we see such a divergence on H4 then we hope to see a double top at the highest high of the upward move:

      [IMG][/IMG]


      Or a double top near the highest high of the upward move:


      [IMG][/IMG]



      The following instruments are in a bearish H4 divergence: EURJPY [DAX30] CADCHF BRENT

      Free Double Top/Bottom Indicator
      FREE Signals + Telegram Group

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