Abiroid Cup Handle Chart MT5
- Indicators
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Abir Pathak
I create MT4 and MT5 indicators. They are mainly arrows and scanner indicators and also some essential utilities.
I'm hoping they will make your trading easier and make you profitable.
You can join my Telegram channel to keep track of all products I post. - Version: 1.4
- Activations: 20
Read detailed post with screenshots here:
https://www.mql5.com/en/blogs/post/771350
Features (What the indicator does for you)
- Detects both bullish and bearish Cups: Finds the classic “cup‑and‑handle” and its upside‑down version.
- Mathematical cup shape: Uses quadratic regression to make sure the cup looks like a smooth “U” rather than a jagged “V”.
- Two entry line options: Horizontal resistance line or a slanted trend‑line that follows the left‑rim to right‑rim.
- Custom price source: Choose candle wicks (High/Low) or candle bodies (Open/Close) for the calculations.
- Early or delayed handle drawing: Show the handle as soon as it forms, or wait until the breakout happens.
- Up to 3 overlapping patterns: You can see small cups inside larger cups.
- Built‑in alerts: Pop‑ups, email, or push when a pattern breaks out.
