Tweezer Top/bottom

Tweezer Top/bottom finds the two-candle rejection and then grades it: bare matched extremes are everywhere on a chart. A tweezer registers when consecutive candles (or separated by up to two, if allowed) print highs or lows within a tick- and volatility-scaled tolerance after a qualifying move, the second candle closing counter-trend by default. Each detection carries a starred confluence score and its matched extreme becomes a live level.

How to Trade the Tweezer Top/bottom?

• Starred patterns first: ★★ tweezers combine a rejection wick with tested support or resistance; Minimum Confluence Score silences everything below the bar you set.
• Matched level lines: the shared extreme extends right as the price the pattern rests on. While it holds, the thesis holds.
• Invalidation: a candle settling past the matched level dashes the line and marks ✕. The level failed; both sides carry alerts.

Tweezer Top/bottom Settings

• Tolerance (Ticks) (default 2) and Tolerance (ATR Fraction) (default 0.10): the two match tolerances. The larger applies; ATR Length (default 14) drives the volatility side.
• Allowed Gap Candles (default 0): 0 keeps the strict form; 1-2 accept the looser separated form.
• Second Candle Filter (default Counter-Trend Close): Any, Counter-Trend Close, or Opposite Colors.
• Require Preceding Move (default on) with Move Lookback (Bars) (default 10) and Minimum Net Move (ATR) (default 1.0): demands a move into the pattern with the matched extreme as the window extreme.
• Minimum Confluence Score (default 0), Rejection Wick (× Body) (default 2.0), Swing Pivot Length (default 5) and S/R Proximity (ATR) (default 0.25): the grading layer.
• Active Levels per Side (default 3): matched levels that keep extending; style: Pattern Labels, Highlight Pattern Candles, Matched Level Lines, Mark Invalidation (all on).

Frequently Asked Questions

How does a tweezer differ from a Harami?

What do the stars on a label mean?

Do the gap candles weaken the pattern?