1. When the signal appears, this is when a formation is present and the price is likely to go up!
We coded this indicator to be able to spot every possible by giving you the ability to adjust the strength of the indicator. Simply lower the strength of the indicator to find the smaller Double Bottoms and raise the strength to find the larger Double Bottoms.
INDICATOR IN ACTION
In order to gain access to this indicator, use the links below!
What is interesting is that the author claims his indicator doesn't use any other indicator under the hood except pure maths. Yeah Martin, tell us about maths, you genious)
The chart pattern lovers have realized already that this indicator has nothing in common with Double Bottom pattern.