Skip to main content
Track Triangle pattern
27 / 33
Search the archiveLibrary
Library

2011issue C1046-61

Treat a numeric pattern rank as a shortlist

End-of-day scans can assign a numeric pattern rank to Triangle pattern and Candlestick patterns hits so the strongest matches can be sorted before any trade hypothesis is written. TradersWeek editorial: keep only a mature chart structure or a near-breakout setup, then accept the idea only when a Mechanical trading system independently specifies entry, exit, and abstention.

  • End-of-day scans can flag predefined ascending, descending, and symmetrical Triangle pattern setups together with a catalog of named Candlestick patterns.
  • A numeric pattern rank from 50 to 100 lets the strongest matches be sorted before any trade hypothesis is written.
  • A daily workflow can keep only a mature chart structure or a near-breakout setup, then run a basket of Mechanical trading system rules on those names.
  • Pattern output is framed as an input to other technical tools and mechanical rules, not as a standalone decision.
Entries in this reading3 entries
Current trackTriangle pattern55 readingsCandlestick patterns100 readingsMechanical trading system158 readings

What the scan can flag

End-of-day scans can flag predefined ascending, descending, and symmetrical Triangle pattern setups together with a catalog of named Candlestick patterns.

Pattern hits can receive a numeric pattern rank from 50 to 100 so the strongest matches can be sorted before any trade hypothesis is written.

A scan limited to three Triangle pattern types across a 500-name universe can still return multiple high-ranked charts, including nine names at the maximum score and two symmetrical Triangle pattern setups scored 90.

Custom designers for Candlestick patterns, point-and-figure, and trend patterns can extend scans beyond the preinstalled set of 55 chart templates.

Keep only a mature chart structure

A daily workflow can start with pattern identification, keep only a mature chart structure or a near-breakout setup, then run a basket of Mechanical trading system rules on those names.

A mature descending Triangle pattern is treated as a candidate only after same-direction system confirmation: a separate Mechanical trading system must also issue a same-direction signal on the same chart.

Inspect the chart after the scan

The same instrument can be inspected as bars, candlesticks, line-on-close, or point-and-figure after the scan, with moving averages kept as secondary context rather than as the trigger.

Pattern output is framed as an input to other technical tools and mechanical rules, not as a standalone decision.

Educational research material, not investment advice. Historical source context does not establish present-day performance.
27 of 33 in the Triangle pattern track
201159-61 pp.Next on Triangle patternEvaluating the head-and-shoulders as a falsifiable reversalAfter an advance, the formation is three peaks with a higher center peak between two flanking peaks of roughly similar height, and a neckline through the troughs is the reversal trigger.
All readings on this track · 33 readings
  1. 1986Gold as a double zigzag before a contracting B-wave triangle
  2. 1990Scoring competing wave counts after a crash
  3. 1992Pre-trade checklist for trendline and triangle signals
  4. 1995Chart patterns as tactics, not strategy
  5. 1996Constructing Elliott wave counts with triangles and Fibonacci
  6. 1996A price-channel case study with a pending triangle signal and a planned stop-loss
  7. 1996Expanding triangle as a dual-label fourth-wave reversal worksheet
  8. 1997Rising wedge construction, breakout, and volume
  9. 1997Confirm structure and conditions before naming a Triangle pattern
  10. 1999Drawing the Triangle pattern before Breakout confirmation and the Stop-loss order
  11. 2000Four-phase market cycle triangle breakouts
  12. 2000Continuation triangles as a three-lock experiment
  13. 2001Folding rule: stacking three trendlines on an accelerating swing
  14. 2003A scored symmetrical triangle on a utility stock
  15. 2003Constructing wedges versus flat-boundary triangles
  16. 2004Testing triangle breakouts against volume filters
  17. 2004Mute triangles, histogram force, and trader optimization
  18. 2004Constructing falsifiable reversal and continuation patterns
  19. 2004Construct a corrective rising wedge before treating it as a short
  20. 2004A continuation triangle with Fibonacci targets and an apex stop
  21. 2005Pre-breakout filters for classic chart patterns
  22. 2005Reverse trendlines as a geometry lab for convergence and expanding triangles
  23. 2005Volume shapes versus triangle and double-pattern breakouts
  24. 2005A nested-pattern checklist on the 2005 euro
  25. 2005Volume test for a descending triangle breakout
  26. 2010Constructing triangle, broadening, and head and shoulders patterns
  27. 2011Treat a numeric pattern rank as a shortlist
  28. 2011Evaluating the head-and-shoulders as a falsifiable reversal
  29. 2013Auditing chart patterns by the first post-breakout swing
  30. 2014A three-gate entry for a triangle pullback
  31. 2014Golden triangle: a 50-day pause that still needs both gates
  32. 2014The triangle qualifier came after the rating pre-screen and the fifty-day bounce
  33. 2018Aligning daily, weekly, and monthly triangles with trendlines and Fibonacci retracements
By fieldChart patterns222 readingsBy year201165 readings
All 55 readings tagged Triangle pattern
Also on Triangle pattern5 readings
2011Evaluating the head-and-shoulders as a falsifiable reversal1986Gold as a double zigzag before a contracting B-wave triangle1990Scoring competing wave counts after a crash1992Pre-trade checklist for trendline and triangle signals1995Chart patterns as tactics, not strategy