FTB-C000695 / Formula component

Inverse H&S Peak Neckline Anchors

Inverse H&S Peak Neckline Anchors is the two intervening peak pivots used to define an inverse head-and-shoulders neckline.

Definitions

In plain terms

The line joins the peak after the left shoulder and the peak before the right shoulder.

Technical

Neckline anchors are (i1,n1) and (i2,n2), both confirmed before candidate availability.

Scope

Using a provisional peak would make the bullish boundary noncausal.

Examples

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

Common misconceptions

  • Using a provisional peak would make the bullish boundary noncausal.

Concept relationships

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.