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Tweezer Top/Bottom Pattern (Expo) indicator identifies real-time Tweezer Top and Tweezer Bottom in any market and in any timeframe. This is an enhanced version of the pattern which enables higher accuracy, and noise filtering. In addition to that, Tweezer Levels can be displayed which can be used in many different ways, for instance, as a stop loss level, or to confirm the signal.

  • The ideal Tweezer pattern includes that the wicks should be 100% the same length. However, that rarely happens. So in this enhanced version, the user can set the maximum change that is allowed between the wicks.
  • To enhance the signal accuracy a Bullish engulfing and Bearish engulfing filter can be toggled on. So a signal will only be displayed if an engulfing candle is in play.

HOW TO USE

Tweezer Top /Bottom should be used together with KEY market levels or with KEY supply/demand zones.

Remember: Use the indicator together with KEY levels or KEY Supply/Demand Zones.

 

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Access the Tweezer Top/Bottom Pattern Indicator on TradingView

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