Half Cup

The Half Cup indicator trades the Cup & Handle's opening act. Rather than waiting for a full basin and handle to complete, it detects price curving through half of a rounded shape (essentially one side of a rounding bottom or top) wraps that arc in a channel, and marks channel breakouts with dots: bullish opportunities in green, bearish in red.

How to Trade the Half Cup?

• Green dot: price has closed above the upper line of a half-cup channel, bullish or bearish, a potential entry, and after a rebound back under the line, a fresh dot marks the level being reclaimed.
• Red dot: price has closed below the lower line of either channel, the downside mirror.
• Channel drawn: the pattern has passed validation against the Max % Breaks thresholds, and dots can keep printing until the channel completes.
• Beyond entries: the curved channels double as a trend read, framing longer-term opportunities while the shape develops, sometimes ahead of a completed cup formation.

Patterns are drawn with hindsight: each channel is backpainted from its detection point. Breakout dots, however, stay where they printed, so price reactions at the marked levels can be judged honestly; separate colors distinguish currently visible patterns from ones later updated or removed.

Half Cup Settings

• Swing Length: the swing detection period; larger values anchor patterns to longer-term structure.
• Max % Breaks Bottom / Max % Breaks Tops: the share of bars allowed to close beyond the lower or upper line before a candidate is rejected. Start near 100% to explore placements, then tighten for stricter detection.
• % Broadness: tilts the top and bottom lines diagonally to fit bullish or bearish curvature.
• Vertical Shift: nudges the whole pattern up or down on the chart.
• Channel Length: how far the channel lines extend.

Frequently Asked Questions

Does the Half Cup repaint?

How should I confirm the dots?

How do I access the Half Cup indicator?