🔵 Introduction
One of the patterns in "RTM" is the "QM" pattern, also known as "Quasimodo". Its name is derived from the appearance of "Hunchback of Notre-Dame" from Victor Hugo's novel. It is a type of "Head and Shoulders" pattern.
🔵 Formation Method
🟣 Upward Trend
In an upward trend, the left shoulder is formed, and the price creates a new peak higher...
This indicator show the quasimodo patterns on the chart. Quasimodo pattern (QML) is the reversal pattern. This looks like head and shoulder pattern but this have two difference. On the quasimodo, second neck should be lower/higher (lower for the bearish, higher for the bullish) and quasimodo has no second shoulder. Usually QML line is an entry and head point is a...
![BTCUSD: QM Signal [TradingFinder] Quasimodo Pattern - Head and Shoulders](https://s3.tradingview.com/h/HuBqQBr5_mid.png "QM Signal [TradingFinder] Quasimodo Pattern - Head and Shoulders")
