OPEN-SOURCE SCRIPT
Code for Cup With Handle calculations (using Pine)

Cup with Handle formation calculations using Pine.
First of all, ignore all other lines in the example chart except the two FAT lines. The two fat lines are the ones that define the Cup With handle or in the example chart: a Reversed Cup With Handle.
Note: Handle does not always develop and sometimes the final target price is reached without forming any handle.
This script can calculate both Cup With Handle ( CH ) and Reversed Cup With Handle ( RCH ). Just order the input values accordingly.
For more information about Cup With Handle, use google:
google.se/search?q=cup+with+handle+chart+pattern&biw=1858&bih=938&source=lnms&tbm=isch&sa=X&ei=r5VcVZS3JMKhsgHig4DYAg&ved=0CAYQ_AUoAQ
The script need two input parameters: The highest price in the Cup formation and the lowest price in the cup formation or vice versa for the Reversed Cup formation.
Best regards,
/Hull, 2015.05.20.16:31
First of all, ignore all other lines in the example chart except the two FAT lines. The two fat lines are the ones that define the Cup With handle or in the example chart: a Reversed Cup With Handle.
Note: Handle does not always develop and sometimes the final target price is reached without forming any handle.
This script can calculate both Cup With Handle ( CH ) and Reversed Cup With Handle ( RCH ). Just order the input values accordingly.
For more information about Cup With Handle, use google:
google.se/search?q=cup+with+handle+chart+pattern&biw=1858&bih=938&source=lnms&tbm=isch&sa=X&ei=r5VcVZS3JMKhsgHig4DYAg&ved=0CAYQ_AUoAQ
The script need two input parameters: The highest price in the Cup formation and the lowest price in the cup formation or vice versa for the Reversed Cup formation.
Best regards,
/Hull, 2015.05.20.16:31
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.