Advanced Cup_Bull_Bear_Beast

🏷️ Cup Pattern Finder — Description for Publication

This indicator identifies Cup Patterns (both bullish and bearish) on any timeframe, using geometric curve-fitting logic.

🔍 What is a Cup Pattern?
A Cup Pattern is a rounded-bottom formation often signaling accumulation (in bullish cases) or distribution (in bearish ones). The price gradually falls and rises forming a "U" shape, indicating a potential reversal or breakout.
🛠️ How this script works:

✅ Scans the last N candles (user-defined, e.g. 150 bars) to detect U-shaped structures.

📏 Measures radius of the curve and checks price containment within a tolerance range.

🎯 Calculates:

Target = Neckline ± Radius

Stop Loss = Minimum of 2% of close or ¼ of radius, from neckline

📉 Can detect both Bullish Cups and Bearish Inverted Cups.

🧠 You can choose how breakouts are verified (Close or High/Low basis).

🔔 Alerts available for:

Bullish Cup Found

Bearish Cup Found

Any Cup Pattern Detected

🎨 Visuals:

Option to display the cup shape, neckline, and channel width.

Labels show:

Radius of the cup

Percentage of bars contained in the cup

Custom color themes for bullish/bearish cups.

📌 Use Case:

Ideal for traders looking to automate detection of consolidation breakout zones based on price structure rather than just indicators. Combine with volume or momentum tools for better confirmation.