Flat Tops & Botttoms

The provided Pine Script code is an indicator script designed to identify and display flat tops and bottoms on a price chart.

Inputs:

• showFlatTops (boolean): Determines whether to display flat tops.
  
• showFlatBottoms (boolean): Determines whether to display flat bottoms.
  
• enableAlerts (boolean): Enables or disables alerts for flat tops and bottoms.
  

Calculations:

• Flat Top: if the current bar's high is equal to the open price. A downward-pointing triangle shape is plotted above the bar.
  
• Flat Bottom: if the current bar's low is equal to the open price. An upward-pointing triangle shape is plotted above the bar.
  

Alerts:
Script allows to set alerts when flat tops or bottoms occur

Phát hành các Ghi chú:

Add Margin of Error

Phát hành các Ghi chú:

Fixed Default Margin of Error + Added back perfect Top/Bottom Detection