We’ve just added a new free tool to the library, the Triangle Count Oscillator.
This indicator automatically detects swing points and connects them into triangular formations on your chart. Every time three valid swings align, a triangle is drawn, and the oscillator line updates to show the total count of active patterns.
Automatic triangle detection based on swing highs and lows.
Configurable spacing, lookback, and colour settings.
Real-time triangle drawing with an oscillator line for easy tracking.
Helps identify consolidation zones that often lead to breakouts.
The goal of this indicator is to make geometric chart analysis objective and easy to track. Use it as a market context tool, when triangle activity is high, it often signals consolidation before strong price moves.
👉 Download the cTrader Triangle Count Oscillator