Choose a ratio convention before selecting points
TradingView's current Cypher drawing-tool guide specifies B at 0.382 to 0.618 of XA, C at 1.13 to 1.414 of XA, and D at 0.786 of XC. This page uses that convention. A detector configured with a 1.272 minimum for C applies a narrower filter; record that choice rather than silently treating the two ranges as identical.
- Points must occur in time order X, A, B, C, D. For the bullish example, X is a low, A a high, B a retracement above X, C a new high above A, and D a pullback between X and B. Reverse these directions for a bearish candidate.
- Use price differences, not diagonal line lengths. Keep one price convention, such as high and low wicks, for every pivot. Reject zero-length XA or XC.
- Ratios alone do not check direction. Absolute distances can look correct even when the anchors are in the wrong order.
| Point | Absolute price-distance ratio | Reference level |
|---|---|---|
| B | |A - B| / |A - X| | 0.382 to 0.618 |
| C | |C - X| / |A - X| | 1.13 to 1.414 |
| D | |C - D| / |C - X| | 0.786 |