Triangle & Wedge Breakout Pro

Triangle & Wedge Breakout Pro Automatic detection of five converging price patterns with close-confirmed breakout signals, a 0–100 signal score, and clean apex-triangle rendering.

Triangle & Wedge Breakout Pro scans price structure in real time, identifies triangle and wedge formations from fractal geometry, and fires a signal only when price actually breaks the pattern boundary — confirmed by bar close, an adjustable buffer, and an optional ATR impulse check. Every signal carries a composite quality score, so you can rank setups instead of treating them all the same.

Patterns Detected

How Detection Works

1. Fractal layer. Swing highs and lows are identified with configurable left/right bar windows. Left bars control structural significance (more bars = fewer, stronger pivots); right bars control detection lag.
2. Geometry layer. The last two upper and two lower fractals define the boundary lines. Candidates must pass a convergence test (Triangularity), a minimum pattern length, a slope-symmetry test for ST, a slope-flatness tolerance for AT/DT, and an apex-distance sanity check — the projected intersection of the two lines must sit ahead of price within a bounded range.
3. Breakout layer. A signal is registered only when the close crosses the projected boundary by more than the breakout buffer. By default everything is evaluated on closed bars; intrabar ticks never trigger a signal.

Breakout Confirmation Engine

• Bar-close confirmation (Wait for Bar Close) — signals are evaluated on completed bars only.
• Breakout buffer (%) — the close must clear the boundary by a configurable margin, filtering marginal pokes.
• Consecutive close confirmations (1–3) — require multiple closes beyond the boundary before signaling.
• ATR impulse filter — the breakout bar must clear the boundary by a configurable multiple of ATR, rejecting weak drifts through the line.
• Late-breakout rejection (Max Breakout Delay) — breakouts that occur too close to the apex, where patterns lose statistical meaning, are discarded.

Optional Quality Filters

• MACD trend filter — accept bullish breakouts only with MACD above its signal line, bearish only below. Fast/slow/signal periods and applied price are configurable.
• Prior trend check — requires the move preceding the pattern to match the expected directional context.
• ATR compression — volatility at breakout must have contracted versus pattern start, confirming genuine consolidation.
• Third-touch validation — patterns whose boundary was respected by a third fractal are tagged + / ++; optionally require it for every signal.
• Uniformity filter — rejects formations whose upper and lower boundary spans are heavily mismatched in time.

Signal Score (0–100)

Every signal label includes a composite score: convergence strength (up to 25), boundary-touch quality (up to 20), ATR compression (15), breakout impulse (15), time uniformity (15), and pattern length (up to 10). Use it to prioritize A-grade setups or to set a minimum quality bar in your own workflow.

Chart Output

• True apex triangles. Both boundary lines are extended to their actual intersection point, drawing a clean three-corner pattern body with a dashed base — no clutter, no distorted polygons.
• Pattern label with type and touch-quality tag (e.g. ST++).
• Signal label with direction, pattern type, and score (e.g. BUY ST 78).
• Measured-move target projection — the pattern's opening width projected from the breakout point, marked with a T label.
• Drawings are created only after a confirmed breakout, so the chart shows tradeable history, not a trail of failed candidates.

Key Parameters

• Fractal: left bars, right bars
• Pattern toggles: ST / AT / DT / FW / RW + per-pattern colors
• Geometry: triangularity (convergence strictness), min pattern length, AT/DT slope tolerance, ST symmetry tolerance, max breakout delay
• Confirmation: breakout buffer %, wait-for-close, confirmation closes, ATR impulse multiplier
• Filters: MACD (periods, source), prior trend lookback, ATR compression ratio, third-touch requirement, uniformity
• Display: pattern fill on/off, fill opacity, target projection on/off
• Performance: max bars lookback

Notes & Limitations

Pattern detection is a geometric evaluation of historical fractal structure. Detection counts and sensitivity depend on parameter settings; defaults are a balanced starting point, not a universal optimum. The indicator does not predict price and a detected formation does not guarantee any outcome. Signals are analytical markers, not trade recommendations — validate them within your own methodology and risk framework. Trading leveraged instruments involves substantial risk of loss.