2014issue C0952-56
A three-gate entry for a triangle pullback
This case study treats a triangle-shaped pause in a rising stock as a timed entry procedure. The archive setup needs a prior uptrend, a pullback reversal in both price and volume, and those confirmations inside a short bar window. The original write-up does not set the exit, so the entry can be coded, scanned, and paired with a separate holding rule.
- A triangle-shaped pause inside a prior uptrend is treated as a continuation candidate, not as a new-trend call.
- Entry requires a reversal at the pullback low in both price and volume, not the triangle outline alone.
- One coded form buys at the next open only when setup and both confirmations occur within 15 bars.
- The archive leaves the exit unspecified, so implementations pair the entry with a separate stop, band, average, or time rule.
What the archive setup looks for
The source setup searches for a triangle-shaped pause inside a prior uptrend and treats the pullback as a candidate continuation rather than a new trend.
Price structure and volume are both required. The method looks for a reversal at the bottom of the pullback, not price shape alone.
A 15-bar window before the open
One coded implementation buys at the next bar open only after setup, price confirmation, and volume confirmation all occur within 15 bars.
The exit is a separate rule
The original write-up does not prescribe an exit. Implementations therefore attach independent exits such as a platform default, a trailing stop, a Bollinger Band exit, a 50-bar moving-average crossover, or a maximum-bars-held rule.
White space as a countable filter
White space between price and a moving average can be quantified as the share of bars whose low stays above that average, turning a visual trend-quality cue into a countable filter.
A parameter-heavy rule set
The rule set is described as parameter-heavy, with timeouts, lookback periods, and percentages that can suppress signals unless applied to a large watchlist or loosened.
Scanner and strategy forms
The same triangle-plus-confirmation procedure was expressed as a scanner-ready indicator and as a strategy across multiple 2014 charting platforms, including daily-chart case illustrations.
Editorial reading
The lesson is not the pattern name. It is how a visual dip-buy becomes a falsifiable entry that can be coded, scanned, and paired with an independent exit.
All readings on this track · 33 readings
- 1986Gold as a double zigzag before a contracting B-wave triangle
- 1990Scoring competing wave counts after a crash
- 1992Pre-trade checklist for trendline and triangle signals
- 1995Chart patterns as tactics, not strategy
- 1996Constructing Elliott wave counts with triangles and Fibonacci
- 1996A price-channel case study with a pending triangle signal and a planned stop-loss
- 1996Expanding triangle as a dual-label fourth-wave reversal worksheet
- 1997Rising wedge construction, breakout, and volume
- 1997Confirm structure and conditions before naming a Triangle pattern
- 1999Drawing the Triangle pattern before Breakout confirmation and the Stop-loss order
- 2000Four-phase market cycle triangle breakouts
- 2000Continuation triangles as a three-lock experiment
- 2001Folding rule: stacking three trendlines on an accelerating swing
- 2003A scored symmetrical triangle on a utility stock
- 2003Constructing wedges versus flat-boundary triangles
- 2004Testing triangle breakouts against volume filters
- 2004Mute triangles, histogram force, and trader optimization
- 2004Constructing falsifiable reversal and continuation patterns
- 2004Construct a corrective rising wedge before treating it as a short
- 2004A continuation triangle with Fibonacci targets and an apex stop
- 2005Pre-breakout filters for classic chart patterns
- 2005Reverse trendlines as a geometry lab for convergence and expanding triangles
- 2005Volume shapes versus triangle and double-pattern breakouts
- 2005A nested-pattern checklist on the 2005 euro
- 2005Volume test for a descending triangle breakout
- 2010Constructing triangle, broadening, and head and shoulders patterns
- 2011Treat a numeric pattern rank as a shortlist
- 2011Evaluating the head-and-shoulders as a falsifiable reversal
- 2013Auditing chart patterns by the first post-breakout swing
- 2014A three-gate entry for a triangle pullback
- 2014Golden triangle: a 50-day pause that still needs both gates
- 2014The triangle qualifier came after the rating pre-screen and the fifty-day bounce
- 2018Aligning daily, weekly, and monthly triangles with trendlines and Fibonacci retracements