Stop drawing trend lines by hand and start seeing more wedge patterns with this Triangle and Wedge pattern indicator for TradingView. Next time you view a price chart whether in a downward trend, or a rising trend losing strength, this indicator will catch wedge patterns and triangles you may have missed.

Wedges and Triangles are chart patterns formed by converging trend lines, one for highs and one for lows, over the same period of time. These patterns can take many shapes such as Rising Wedge, Falling Wedge, Symmetrical Triangle, Ascending Triangle, Descending Triangle, and more. These chart patterns have different meanings and can be used to determine continuations, reversals, or breakouts.

Stop worrying about if you drew your wedge perfectly or not, if you should use wicks or wax, and how far to extend your lines. This Wedge and Triangle Pattern indicator takes care of all that for you. Not only that, but this scanner only draws the patterns that are already converging between trend lines, giving a greater chance of a breakout.

Get notified when Wedge displays a new pattern in real time! Take full advantage of TradingView’s features and set alerts to improve your strategy.

You can use this Triangle and Wedge Pattern indicator in the TradingView app for your phone on the go.

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