> ## Documentation Index
> Fetch the complete documentation index at: https://docs.mkt-viper.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Auto Chart Patterns

> How to use the Automatic Chart Pattern Detector 

Classic chart patterns like Wedges, Channels and Triangles are the bedrock of technical analysis, but identifying them in real-time can be subjective and tedious.

The **Viper Pattern Engine** automates this process. Using a proprietary "Vertex Finder" algorithm, it scans the market geometry to detect high-probability breakout structures.

<img src="https://mintcdn.com/mkt-viper/mzxBF6S3aSEB1CTQ/images/image-21.png?fit=max&auto=format&n=mzxBF6S3aSEB1CTQ&q=85&s=d5310d95dc7f50c723fdf6c80ce412ce" alt="Image" width="1200" height="600" data-path="images/image-21.png" />

### Supported Structures

The engine automatically detects and labels the following geometric structures:

#### 🔹 Wedges (Reversal)

* **Falling Wedge:** A structure with lower highs and lower lows contracting into a point.
  * **Bias:** Bullish. Usually breaks to the upside.
* **Rising Wedge:** A structure with higher highs and higher lows contracting into a point.
  * **Bias:** Bearish. Usually breaks to the downside.

#### 🔹 Triangles (Continuation)

* **Symmetrical Triangle:** Price compressing with lower highs and higher lows.
  * **Bias:** Neutral. Represents a "coiling" of energy before a massive expansion in either direction.

#### 🔹 Channels (Trend)

* **Parallel Channel:** Price bouncing between two parallel trendlines.
  * **Strategy:** Trade the bounces. Buy at the bottom line, Sell at the top line.

#### 🔹 Expanding (Volatility)

* **Broadening Wedge:** The opposite of a triangle. Highs get higher and lows get lower.
  * **Bias:** High Volatility / Confusion. Represents increasing market instability.

<Tip>
  **Strategy: The Breakout & Retest**

  The Auto Chart Patterns are designed to catch **explosive moves**.

  1. **Wait for the Break:** Do not predict the breakout. Wait for a candle to close outside the pattern lines.
  2. **The Alert:** You can enable the **"Alert: Chart Pattern Breakout"** setting to get a notification the moment price escapes the structure.
  3. **The Retest (Safe Entry):** Aggressive traders enter on the break. Conservative traders wait for price to break out, come back to touch the line (Retest), and bounce. This offers a safer entry with a tighter stop loss.
</Tip>
