FTB-C000696 / Formula component

Inverse H&S Neckline Projection

Inverse H&S Neckline Projection is the projected line through the two peak anchors of an inverse head-and-shoulders candidate.

Advanced Formula defined 1 linked topicEvidence-reviewed

Definitions

In plain terms

The bullish neckline may slope as it is extended to each later close.

Technical

N_t=n1+(n2-n1)/(i2-i1)×(t-i1) for t at or after candidate availability.

Scope

Projection is line evaluation, not evidence that price will reach or hold above it.

Formula

N_t=n1+(n2-n1)/(i2-i1)*(t-i1)
LaTeX: N_t=n_1+\frac{n_2-n_1}{i_2-i_1}(t-i_1)
SymbolMeaningUnit
n1,n2peak anchor pricesprice

Output unit: price

Examples

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

Common misconceptions

  • Projection is line evaluation, not evidence that price will reach or hold above it.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Evidence and governance

  1. 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, formula

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

  2. Pine Script repainting concepts TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition, formula

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

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

    Supports: preferred label, short definition, technical definition, formula

    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, formula

    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.