The Market Tradability Engine calculates multi-factor tradability, balance, compression, and direction scores to evaluate market regime quality. It classifies market conditions into eight distinct states, including Balance, Compression, Ready, Breakout, Trend,
Indicator · Pine Script v6 · On the chart
Algorithmic Breakout Matrix Dynamic C&H
The indicator detects bullish and bearish Cup and Handle patterns directly on the price chart using pivot points.
Repaints
GitHub stars1on the repository
Pine versionv6current
Lines of code276
Settings25inputs
LicenceNone stated
Last updatetoday28 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Algorithmic Breakout Matrix Dynamic C&H integrates a Volatility Matrix based on Bollinger Bands squeezes alongside a 200-period simple moving average trend filter to identify breakdown and breakout setups. Validated patterns are drawn with colored fills, rim borders, and projected target lines proportional to cup depth. Settings allow users to adjust pivot detection sensitivity, handle retracement tolerances, squeeze parameters, and timeframe constraints.
- Dynamic Cup and Handle pattern recognition
- Bollinger Bands squeeze volatility matrix
- 200 SMA trend filter integration
- Customizable handle retracement and target multipliers
Details
Published by
majixai on GitHub
Code credit
Zeiierman, as written in the script's header
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Breakout, Volatility & bands, Support & resistance, Trend
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pivot span | int | 10 | pivotSpan |
| Rim similarity tolerance (%) | int | 18 | rimTolPct |
| Handle retrace min | float | 0.12 | hMin |
| Handle retrace max | float | 0.55 | hMax |
| Invalidation (handle max retrace %) | float | 61.8 | killAtFib |
| Require breakout confirmation | bool | false | needConfirm |
| Target multiplier (× cup depth) | float | 0.5 | targetMult |
| Show pattern name | bool | true | showName |
| Bullish fill | color | color.new(color.lime, 82) | bgBull |
| Bullish border | color | color.new(color.lime, 35) | lnBull |
| Bearish fill | color | color.new(color.red, 82) | bgBear |
| Bearish border | color | color.new(color.red, 35) | lnBear |
Show all 25 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Width | int | 2 | wOk |
| Style | string | Solid | stOk |
| Show target line | bool | true | showTarget |
| Target width | int | 2 | targetWidth |
| Target style | string | Dashed | targetStyle |
| Bollinger Band Length | int | 20 | bbLength |
| Standard Deviation | float | 2.0 | bbMult |
| Squeeze lookback | int | 100 | sqLookback |
| Require Daily timeframe | bool | true | requireDailyTF |
| Only fire alerts on confirmed close | bool | true | onlyConfirmedBar |
| Use 200-SMA trend filter | bool | true | useTrendFilter |
| Trend SMA length | int | 200 | smaLen |
| Only one squeeze alert per squeeze cycle | bool | true | emitSqueezeOnce |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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