Bullstock - you evil genius you.... Here is my first stab:
I got 61% so I will have to play around with it. You can try playing with the 20
and see if you can get better results.

{-----------------------------------}
p1:=Peak(2,C,20);
p2:=Peak(1,C,20);
t1:=Trough(2,C,20);
t2:=Trough(1,C,20);
d1:=TroughBars(1,C,20);
d2:=PeakBars(1,C,20);
d3:=TroughBars(2,C,20);
d4:=PeakBars(2,C,20);
{---------------------------------}
c1:=If((d1<d2<d3<d4),1,0);
c2:=If((t2>t1),1,0);
c3:=If((p2<p1),1,0);
c4:=If((t2<p2),1,0);
{---------------------------------}
e1:=Cross(C,p2)*c1*c2*c3*c4;
e1

Can PowerPivots plot this pattern?

John,

I will try your code and see if I can go a bit further...

Bullstock