Triangle pattern
Chart patterns4 points to clickMarks a triangular squeeze with three points.
What it looks like
The numbered dots are where you click. Once drawn, you can grab those dots and move them.
How to draw it
Click three places so the upper and lower edges converge; the narrowing shape is drawn.
When to use it
Where you set the edges moves the apex a lot — fit them to places price actually touched.
In SQMATE
What you draw stays
Lines you draw are saved to that symbol's notebook. Open the symbol again and they are still there.
Editable afterwards
Grab the points to move them, and change colour, width and line style. Undo works too.
Shares as drawn
Send the chart as a single link. Whoever opens it sees the same lines.
Related tools
- XABCD patternDraws a harmonic pattern through five vertices — X, A, B, C and D.
- Cypher patternA five-point tool preloaded with the ratios of the Cypher pattern.
- Head & shouldersDraws the head, both shoulders and the neckline in one go.
- ABCD patternA four-point shape expressing 'CD travels as far as AB'.
- Three drivesDraws the three-drives shape: the same wave repeated three times.
- Elliott impulse (12345)Labels an Elliott impulse — waves 1 through 5 — as you draw it.
Drawing tools are a way to organise your thinking. A line you draw does not decide what price will do.