Support Board
Date/Time: Sun, 07 Sep 2025 19:05:38 +0000
double top/bottom study
View Count: 121
| [2025-08-28 19:18:47] |
| User793936 - Posts: 15 |
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Hello, I’d like to know if your platform has a study/indicator that can automatically scan charts and detect double top or double bottom patterns. If not, is there a recommended way to set this up (for example through custom scripting or a built-in tool)?
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| [2025-08-28 19:39:45] |
| John - SC Support - Posts: 41652 |
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We are not certain what you are looking for in terms of "Double Top/Bottom", but look through the "Candlestick Pattern Finder" to see if what you are looking for is one of the items in the list of patterns available. Refer to the following: CandleStick Patterns Finder If the Candlestick Patterns Finder does not have what you want, then most likely you can create an alert that does what you want. Refer to the following for scanning and alerts: Study/Chart Alerts And Scanning For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-08-29 18:44:02] |
| User793936 - Posts: 15 |
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I couldn't find this pattern in your links. Here's what it looks like: an example for a long position: the price makes a high that stands out from the two neighboring candles on the left and right. The pullback can be any length, from two candles to 1,000, the price returns and touches exactly the same price as the previous high, neither lower nor higher. Just touching the same level and closing at the same price or lower = after these conditions, when the candle that touched closes = alert. I think you already have such an study, but I don't know what it's called or how to make alerts appear. https://imgur.com/a/5qCGXl5 - please look at this link as there is visuaal representation of what i mean |
| [2025-08-29 21:55:40] |
| John - SC Support - Posts: 41652 |
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We do not think we have a study that directly finds a "Double Top" or "Double Bottom" pattern. You can do this using the built-in tools to get what you want. You will need to start with one of the studies that gives you the high for the time period you want to cover. Refer to the following two potentials for this: High/Low for Time Period Highest High/Lowest Low Over N Bars Then you would setup an alert where you test the current bar to see if the High matches the High from the above study. If you enable the option for "Evaluate on Bar Close" then this will give you an alert when the High exactly meets the previous high and the bar did not go above that value. Refer to the following: Study/Chart Alerts And Scanning Study/Chart Alerts And Scanning: Evaluate on Bar Close For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-09-03 13:25:13] |
| User793936 - Posts: 15 |
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Thank you for your reply, but none of these studios will work the way I need them to. 1- In terms of time, I need it on a 1-minute TF. 2- It's like this, but it doesn't draw a horizontal line to the right and wait there for the touch and stop conditions. Isn't there an study that would draw a horizontal line automatically based on the parameters I set? again the parameter would be a swing that has a high/low that stands out from the bar on the left and the bar on the right at the same time. Draw a horizontal line on such a swing going to the right of the chart, and when the price returns to this line, touches it, and stops below (for resistance) or above (for support), give an alert at the close of such a bar. And if the swing was broken, remove the horizontal line. |
| [2025-09-03 15:58:50] |
| John - SC Support - Posts: 41652 |
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It sounds like the Spreadsheet Study may be the best option for what you want to do. Refer to the following: Using the Spreadsheet Study For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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