The Cup-With-Handle Search Algorithm

SEARCH PARAMETERS

Copyright © Haiku Laboratories 2008

Updated March 2010

 

 

Parameter

Name

Value

Units

hidroop

Handle hi droop line

0.5

 

hilo

Hi-Low handle line

0.78

 

lodroop

Handle low droop line

0.5

 

maxpivot

Maximum pivot ratio

1.1

 

mf1

Frame 1 minimum length

2

Tdays

mf2

Frame 2 minimum length

20

Tdays

mf3

Frame 3 minimum length

3

Tdays

mf4

Frame 4 minimum length

2

Tdays

minav50

Minimum 50-day volume average

30

K-shares

minpivot

Minimum pivot ratio

0.25

 

minprcrng

Minimum price range

1.5

dollars

minprice

Minimum price (last close)

2

dollars

xf1

Frame 1 maximum length

50

Tdays

xf2

Frame 2 maximum length

147

Tdays

xf3

Frame 3 maximum length

25

Tdays

xf4

Frame 4 maximum length

30

Tdays

zvoldays

Zero-volume day range

35

Tdays