업데이트됨
Rounding Bottom & Top Detector [JPT]
🔷 OVERVIEW
The Rounding Bottom & Top Detector [JPT] is a technical analysis indicator designed to identify potential rounded reversal patterns in the market. It highlights bowl-shaped and inverted bowl-shaped formations, helping traders recognize possible trend changes.
🔷 HOW IT WORKS
1. Rounding Bottom: Identifies a potential bullish reversal structure and highlights the resistance level. A breakout above resistance may indicate upward momentum.
2. Rounding Top: Identifies a potential bearish reversal structure and highlights the support level. A breakdown below support may indicate downward momentum.
3. Curved Formation: Draws curved lines to visualize the potential rounding structure.
4. Breakout Signals: Displays bullish and bearish markers when the configured price conditions are met.
5. Alerts: Supports TradingView alerts for potential bullish breakouts and bearish breakdowns.
🔷 HOW TO USE
• Add the indicator to your TradingView chart.
• Adjust the Pattern Lookback setting to control the detection window.
• Enable or disable curved formations, support and resistance levels, and breakout signals.
• Watch for a confirmed candle close above resistance or below support.
• Combine the signals with market structure, volume, and higher-timeframe analysis for additional confirmation.
🔷 IMPORTANT NOTE
This indicator identifies potential rounding formations using predefined conditions. Not every formation leads to a successful reversal, and signals may vary across markets and timeframes. Always use proper risk management and additional confirmation before making trading decisions.
The Rounding Bottom & Top Detector [JPT] is a technical analysis indicator designed to identify potential rounded reversal patterns in the market. It highlights bowl-shaped and inverted bowl-shaped formations, helping traders recognize possible trend changes.
🔷 HOW IT WORKS
1. Rounding Bottom: Identifies a potential bullish reversal structure and highlights the resistance level. A breakout above resistance may indicate upward momentum.
2. Rounding Top: Identifies a potential bearish reversal structure and highlights the support level. A breakdown below support may indicate downward momentum.
3. Curved Formation: Draws curved lines to visualize the potential rounding structure.
4. Breakout Signals: Displays bullish and bearish markers when the configured price conditions are met.
5. Alerts: Supports TradingView alerts for potential bullish breakouts and bearish breakdowns.
🔷 HOW TO USE
• Add the indicator to your TradingView chart.
• Adjust the Pattern Lookback setting to control the detection window.
• Enable or disable curved formations, support and resistance levels, and breakout signals.
• Watch for a confirmed candle close above resistance or below support.
• Combine the signals with market structure, volume, and higher-timeframe analysis for additional confirmation.
🔷 IMPORTANT NOTE
This indicator identifies potential rounding formations using predefined conditions. Not every formation leads to a successful reversal, and signals may vary across markets and timeframes. Always use proper risk management and additional confirmation before making trading decisions.
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Updated color
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
📈 FREE TELEGRAM CHANNEL
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.