Cup and Handle Screener for ProRealTime

The Cup and Handle Screener automatically searches financial markets for instruments showing Cup and Handle chart patterns based on customizable detection criteria.

It analyzes the last 150 candles to identify potential formations and classifies the results according to the current price position within the detected pattern.

Results are classified into 3 categories:

• 1: Current price near the potential handle bottom
• 2: Current price near the neckline
• 3: Current price breaking above the neckline

This classification helps you identify patterns at different stages of their development without having to examine each chart individually.

Customizable Settings

Adjust the Screener directly from ProRealTime’s Variables menu, without modifying the code.

Adjustable validation criteria:

• Number of candles scanned before the cup
• Maximum neckline slope
• Minimum handle length relative to the cup
• Minimum and maximum cup depth
• Minimum and maximum handle depth

Available filters:

• Current price near the neckline
• Current price breaking above the neckline
• Current price in the potential handle bottom area

General market filters:

• Minimum stock price
• Minimum average trading volume
• Adjustable average volume period
• Volume calculation based on the number of shares or traded value

These general filters use daily data to help you select instruments according to your preferred price and liquidity criteria.

Characteristics

• Automatic detection of Cup and Handle chart patterns
• Analysis of the last 150 candles
• Results classified into 3 categories according to the pattern’s development
• Customizable detection criteria and filters
• Works on all timeframes (15 minutes and higher recommended)
• Compatible with ProRealTime V11 and later
• Compatible with the free version of ProRealTime (daily closing prices)
• Settings adjustable without modifying the code
• Cup and Handle Indicator included
• Free automatic updates

Video Presentation

Video in French – English subtitles available.