Reply To: Twitter Charts 2

Optuma Forums Optuma General Discussion Twitter Charts 2 Reply To: Twitter Charts 2

  • Topics: 70
  • Replies: 790
  • Posts: 860

5 Consecutive Down Weeks:

The Days Down DD() function counts the consecutive bars a value (the close by default) has been lower (Days Up DU() does the opposite).

On a weekly timeframe DD()==5 will signal when there have been 5 consecutive weekly lower closes, which was used in the signal test.

For 5 consecutive lower highs use DD(HIGH())==5

The Days Down tool can be used on a chart (currently 6 weeks for the SPX):



Pin It on Pinterest