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PZ Cup and Handle MT5

0.00

this “cup and manage” version is a technical form of price which resembles a cup and handle, in which the cup is shaped just like a “U” and the handle has a slight downward
drift. The right side of the drawing – the handle-is smaller compared to the left side-the cup, and retreats no longer than 50% from the top. This is either a
continuation or a reversal pattern. [

installation Guide |
Update Guide |

Troubleshooting
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  • clear trading signals
  • Customizable colors and dimensions
  • Implements performance figures
  • Custom dimensions and attributes of drawing
  • shows the appropriate stop loss and take profit amounts
  • It is not repaint and not repaint
  • It implements email / audio / visual alerts

[spoiler title=”Read More…”]


Input parameters

  • Amplitude: The amplitude represents the minimum number of bars between alternative price points. To find the big ones
    samples, increase the amplitude parameter. To find smaller samples, reduce the amplitude parameter.
  • The flatness coefficient cups: This parameter describes how “flat” the top of the cup should be in relation to the size of the cup. The higher the
    the value, the stricter, but less frequent. The lower the value, the more patterns there are.
  • Min Handle Retracement: The minimum percentage of rollback required in the template descriptor.
  • Maximum. Retracement: The minimum percentage of rollback possible in the template descriptor.
  • Max History Bars: The number of past bars to evaluate when the indicator is loaded on the chart.
  • Show statistics: Show or hide the statistics panel and performance data.
  • Show SL / TP levels: Show or hide the stop loss and take profit levels.
  • Drawing options: colors and sizes for bullish or bearish lines and labels, as well as font sizes.
  • Breakouts: Colors and sizes of the breakout arrows.
  • Alerts: Enable or disable alerts as desired.

Support and questions

Use the help desk for questions or timely support. Write a letter to
address: [email protected]

author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

  • Amplitude: The amplitude represents the minimum number of bars between alternative price points. To find the big ones
    samples, increase the amplitude parameter. To find smaller samples, reduce the amplitude parameter.
  • The flatness coefficient cups: This parameter describes how “flat” the top of the cup should be in relation to the size of the cup. The higher the
    the value, the stricter, but less frequent. The lower the value, the more patterns there are.
  • Min Handle Retracement: The minimum percentage of rollback required in the template descriptor.
  • Maximum. Retracement: The minimum percentage of rollback possible in the template descriptor.
  • Max History Bars: The number of past bars to evaluate when the indicator is loaded on the chart.
  • Show statistics: Show or hide the statistics panel and performance data.
  • Show SL / TP levels: Show or hide the stop loss and take profit levels.
  • Drawing options: colors and sizes for bullish or bearish lines and labels, as well as font sizes.
  • Breakouts: Colors and sizes of the breakout arrows.
  • Alerts: Enable or disable alerts as desired.

Support and questions

Use the help desk for questions or timely support. Write a letter to
address: [email protected]

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

[/spoiler]

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