# DoubleTopEA

Detects double top and double bottom patterns on H4 timeframe and triggers entry on neckline break on the chart's timeframe.

Canonical: https://prismaticalgos.com/compendium/algo/4234-doubletopea
Record ID: 4234
Catalog rank: 294 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Price Action & Market Structure (E)
Source: https://www.mql5.com/en/articles/23540
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: any
- timeframes: M15
- sessions: any
- market_regime: trending|range|null

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- Not specified.

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- Not specified.

## Recorded filters

- H4 trend check
- max pattern bars between points
- max break delay bars
- ATR-based pattern height and peak tolerance

## Risk controls

- Stop loss: stop loss placed at the pattern's extreme minus InpSLBufferATR ATR
- Take profit: measured move target projected from the neckline
- Position sizing: risk per trade as percent of balance set by InpRiskPercent