Double top chart pattern indicator with alert for Ninjatrader 8

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Double top is a very common chart pattern, as its name indicates, it consists of two tops, and these two tops need to be in a relative flat price level. One of the top can't be much higher or lower than another one.

This indicator will detect and highlight double top pattern automatically on chart and alert you.

Features and inputs:

• Range(input): check if the first top was the highest High in given Range of bars.
• Strength(input): minimum number of bars used to form each top.
• Choose the alert sound file you want to use from a drop down menu.
• Switch ON/OFF of alert.

 
It works on all timeframes and any symbol. It will draw a line right after the pattern is formed.
You can also load more than one with different inputs to get more results on chart.


There is a plot (a cyan dot) which is used check if a double top chart pattern has been formed.

You can use this plot in Market Analyzer and Strategy.