Triangle

The parameters are the same as that for the trendline scanner except they are used for both the top and bottom parts of the triangle.

Touch Threshold - This is a percentage value from the trendline to the price that should be considered a trendline touch. Small values mean the trendline must be very close to the price to be considered touching.

Minimum Distance Between Touches - This is the minimum number of bars between trendline touches.

The number of look back periods - How far back do you want to find the trendline? If the last trendline touch was found 5 days ago and this value was set to 5 then this trendline will be included in the search results. A value of 1 would only find trendlines that the price has touched today.

Number of Touches - The number of touches between the trendline and price for this trendline to be included in the search results.

Allow Small Breaks- Allow the price to go below the trendline by a certain percent indicated by threshold.

Maximum number of trendline breaks allowed - Specifies how many times the price can go below the trendline and still be considered valid.

Search Periods - The number of bars to use to search for a trendline.