Cuphandle

eBacktesting - Learning: Cup & Handle eBacktesting - Learning: Cup & Handle The Cup & Handle is a classic continuation pattern that often appears during strong trends. It shows a market that “cools off” (the cup), then does a smaller pullback (the handle), and may be ready for another push in the original direction. This indicator helps you spot: - Potential Cup & Handle formations as they develop - When a handle forms (the final “pause” before continuation) - The breakout moment, when price pushes above the rim level It’s desi

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par BacktestingMaestro

Cup & Handle Hi, here is my take on 'Cup & Handle' Pivot Points - ph (highest points in a certain period) are stored in an array When there is a new ph , previous ph's are compared to the latest one. A temporary test line is drawn between these 2 points. The script checks if a close (between these 2 points) doesn't break above this test line. (test line is deleted afterwards) If it doesn't, and the '% max breaks' are not breached, 2 circle shaped lines are drawn (Top & Bottom line of the cup) which f

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