McDonald’s Pattern Indicator with Bézier Curve Scoring
Summary
This indicator illustrates a meme pattern from crypto trading: an M-shaped price path likened to the McDonald’s logo, traditionally associated with a deep retracement. It detects alternating tops and bottoms using rolling highs and lows over a configurable length, then fits two cubic Bézier curves through recent turning points to draw the shape. The first-bar option adds the latest close as a vertex.
A displayed score compares the curves’ accumulated distances from a selected price extreme, with higher values intended to indicate a closer resemblance between the two sides of the pattern. The colored area distinguishes the regular and inverted forms. The document provides source code and a description of the indicator, but no performance results or evidence that the pattern predicts price movements. The author explicitly presents it as entertainment and descriptive analysis; its score measures visual symmetry, not trading value, and some features are not real-time.
Key ideas
- The indicator finds candidate tops and bottoms using rolling highs and lows rather than pivot points.
- It draws two cubic Bézier curves through recent price extremes to approximate an M-shaped pattern.
- Its score estimates the symmetry of the two curves against a selected price extreme.
- The author describes the pattern as a meme and offers no evidence of predictive or trading performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.