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This pattern allows you to define the length of retracement before a double bottom sell.
Double bottom sell pattern is a bearish breakout pattern. The number of boxes in the second column of X can be defined by the user in this pattern. As a result, it will enable you to define the risk and find candidates based on the risk criteria you specify.
This pattern can be plotted on the chart by adding it from the study menu in TradePoint & RZone. The pattern is also available in the system builder section. By combining this pattern with other patterns and indicators, you can create your own trading strategies. For any group of stocks and market segments, you can scan and backtest stocks based on those strategies.