i'm not going to invent the wheel but i'm going to perfect it. so this pattern was initially written about by trader vic. i found it at james16 also. it is called pin bar at double top/bottom with divergence. now the thing which i discovered is that we practicaly don't need a pin bar. what does a pin bar represent? a fast reaction to a specific level. that's what i look for: fast reaction to a double bottom/top and also with divergence. there are specific rules which i found out to work best and also exceptions regarding exit rules (this is the beautiful part). first of all let's see some examples. in the attachment you will see the 2b pattern in trader vic's conception and james16's pin bar.
Tools that I use for backtesting : Visual Backtest - better than forextester. https://www.forexfactory.com/showthread.php?t=779303
Tools that I use for backtesting : Visual Backtest - better than forextester. https://www.forexfactory.com/showthread.php?t=779303