Diagonals

Diagonals scans confirmed swing pivots for the five-wave wedge geometry that defines a diagonal, checking motive order, wave 4/wave 1 overlap and boundary convergence. Position decides the meaning: swings falling into the origin mark a leading diagonal opening a move, swings rising into it an ending diagonal closing one. Each detection's tooltip reports wedge type, throw-over, momentum divergence and invalidation.

How to Trade the Diagonals?

• Ending diagonal: wave 5 or C position — the origin target line marks the full-retrace tendency, with an alert when reached.
• Leading diagonal: wave 1 or A position — expect a deep second-wave pullback; the origin is the invalidation.
• Throw-over: a push through the wave 1-3 boundary is classic terminal behavior, marked on the chart.
• 2-4 break: a close back through the wave 2-4 boundary is the reversal trigger.

Diagonals are among the most specific structures in the Elliott and harmonics family, so this first dedicated build errs toward strict geometry over frequent detections.

Diagonals Settings

• Pivot Length (default 6): swing confirmation span, setting the wedge scale.
• Minimum Bars Per Wave (default 3): filters degenerate one-bar legs.
• Require Wave 4 / Wave 1 Overlap (default enabled): the trait separating diagonals from impulses.
• Detect Expanding Diagonals (default disabled): also finds the rare diverging variant.
• Convergence Ratio (default 0.9): maximum wedge-width ratio at wave 4 versus wave 2.
• Wave 5 Completion % (default 60): how far wave 5 must travel across the wedge.
• Momentum Length (default 14): RSI length for the divergence check.
• Pattern Expiry (Bars) (default 200): the monitoring window after confirmation.
• Style toggles: wave labels, invalidation and target levels, and throw-over/2-4 break markers.

Frequently Asked Questions

What separates a leading from an ending diagonal?

Position and implication. A leading diagonal opens a move and points with the wedge after a deep pullback; an ending diagonal closes one and points against it, tending to return to its own origin.

How is a diagonal different from a symmetrical triangle?

A symmetrical triangle is a sideways consolidation that resolves by breakout. A diagonal is a directional five-wave sequence making new extremes inside converging boundaries — wave logic, not just shape.

Why did a detected diagonal stop being monitored?

Tracking ends on invalidation (a close beyond the wave 5 extreme for ending types, beyond the origin for leading ones), when the origin target is reached, or after the Pattern Expiry window.