The Cup Finder:

Is a high-precision technical indicator designed to identify and validate rounding price structures—commonly known as "Cups" and "Inverted Cups"—using Euclidean geometry and density-based validation.

📊 Market Analysis & Conditions

https://chartshots.spotware.com/c/6980ec8b2ee38

This indicator analyzes High and Low price pivots within a specific historical lookback period. It specifically looks for:

• Price Curvature: It identifies local peaks or troughs (30-bar window) to establish the "anchor" of a potential pattern.
• Geometric Path: It projects a mathematical semicircular arc between the anchor and the current price.
• Density Validation: Unlike visual-only tools, it calculates if a minimum percentage of bars (Content Rate) has stayed within a specific price channel around the arc.
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🟢 How to Interpret Signals & Visuals

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• Green Arcs (Bullish): Indicates a rounding bottom formation. Look for the horizontal dotted line, which represents the resistance "rim" level.
• Red Arcs (Bearish): Indicates a rounding top (vault) formation. The horizontal dotted line marks the support level to watch.
• Information Labels:
• • Radius: Shows the depth of the pattern in price units.
  • Included %: The "Geometric Accuracy" score. A higher percentage means the price followed the curve more strictly.

⚙️ Key Settings & Parameters

• Search Period (Default: 150): The number of bars the algorithm scans to find a valid historical anchor.
• Channel Amplitude (Default: 20): Defines the "thickness" of the arc's validation zone. Higher values are more permissive with price noise.
• Content Rate % (Default: 75): The minimum percentage of bars that must stay inside the arc for it to be displayed.
• Breakout Source: Choose whether the pattern is triggered by a Close or the High/Low crossing the rim line.

🚀 Typical Use Cases & Scenarios

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• Breakout Trading: Enter a trade when the price breaks and closes above/below the horizontal dotted line (the rim).
• Trend Reversal Identification: Spotting "Rounding Bottoms" at the end of a downtrend or "Rounding Tops" at the end of an uptrend.
• Structural Support/Resistance: Using the rim line as a key level for placing Stop Losses or taking profits.

👤 Target Trader Profile

• Price Action Traders: Those who look for market geometry and structural exhaustion.
• Systematic Traders: Users who want to remove the subjectivity of "drawing cups" by hand and prefer a mathematical confirmation.
• Experience Level: Suitable for intermediate to advanced traders who understand breakout confirmation and support/resistance concepts.

⚠️ Important Limitations & Usage Notes

• Minimum History Required: The indicator requires at least 292 bars of data to initialize its internal calculations.
• Lagging Nature: Because it validates a curve based on historical data, the arc only appears once the "rounding" is substantially developed.
• Repainting/Updating: As price develops, the arc may adjust its radius or disappear if the "Included %" falls below your threshold.