FTB-C000688 / Implementation concept

H&S Candidate Availability

H&S Candidate Availability is the knowledge index when the right shoulder becomes confirmed and the five-pivot structure is knowable.

Advanced 1 linked topicEvidence-reviewed

Definitions

In plain terms

The right shoulder is not available on its event bar.

Technical

candidate_available_at=right_shoulder_index+pivot_right; neckline testing begins at that index.

Scope

Backdating the head-and-shoulders label to the right shoulder leaks future bars.

Examples

  • A reviewer computes H&S Candidate Availability on a deterministic close fixture and checks pivot timing, threshold equality, neckline behavior, and rejection diagnostics before publication.

Common misconceptions

  • Backdating the head-and-shoulders label to the right shoulder leaks future bars.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Evidence and governance

  1. Pine Script repainting concepts TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition

    Limits: Platform display behavior does not establish financial usefulness or predictive value.

  2. Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation Lo, Mamaysky, and Wang · first party technical publication

    Supports: preferred label, short definition, technical definition

    Limits: The paper's smoothing, sample, and empirical design are not copied into this package and do not validate its thresholds.

  3. scipy.signal.find_peaks SciPy · first party technical publication

    Supports: preferred label, short definition, technical definition

    Limits: This retrospective signal function is not itself a causal OHLC pivot detector.

  4. Pine Script pivot techniques TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition

    Limits: The package freezes its own equality, separation, and OHLC policies rather than claiming one universal pivot definition.

Reviewed by
fintech-builder-batch-012
Last reviewed
2026-08-10
Next review
2027-08-10
Record status
evidence reviewed

This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.

Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.