Watchlists give only a flat perspective on changes in the market, as they show only the daily change of underlyings and give no comprehensible context to other underlyings and other timeframes to show the bigger picture.
With a cockpit showing price changes of different underlyings over several timeframes at the same time, a real understanding can be...
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...