Variant interpretation
The VCP scanner variant focuses on practical result fields: contraction count, pivot clarity, base-low invalidation, volume behavior, and relative strength. It is designed to produce a clear watchlist candidate rather than a vague chart-pattern label.
Market Radar requires enough visible contraction behavior before surfacing the candidate. One small pullback is not enough to describe a VCP.
- At least two visible contractions
- Pivot area near resistance
- Volume dries near the pivot
- Base low remains intact
What weakens the candidate
A wide late-stage pullback, base-low failure, or pivot rejection on heavy volume reduces quality. A VCP should become tighter over time, not wider.
This page supports scanner explainability by describing why the VCP result is scored and how it can be invalidated.