Find DBLHC and DBHLC

Indicator looking dvuhbarovy reversal pattern price Action.

• Double bar with identical bases and higher closure - DBLHC (Bovine setup)
  


• Double bar with the same highs and lower closing - DBHLC (Bearish setup)

The pattern may consist not only of two, but three, and even four bars. It is believed that the more bars that make up the pattern, the stronger it is.

The indicator has five tunable parameters:

• The difference between adjacent high or low - difference between High and Low adjacent bars forming pattern (usually 3 points). For a five-digit quotes on H4 is normal value of about 10-15 points


• StopLoss level in Point - the distance of the stop loss from the smallest Low (bullish setup) or the most High (bearish setup) bars included in the pattern


• Draw opening levels and the levels of stop - Whether to draw the level of stop-loss and level of position opening / place a pending order


• Colours levels bullish pattern - color levels for bovine lines pattern (has a value if Yes is selected in Sec. 3)


• Colours levels bearish pattern - color levels for the lines bear pattern (has a value if Yes is selected in Sec. 3)