DeskPatterns
Tweezer Bottom
Two consecutive lows inside a fraction of the candle range.
Two candles whose lows sit almost on the same price. The tolerance is a fraction of the candle range — the wider of the two candles — not of the price. Opposite of Tweezer Top. Knowable on the second close. An event — no end.
Settings
Maximum extreme deviation (default 0.03) — how far apart the two lows may
sit, as a share of the wider candle's range.