Analysis Techniques & Strategies

Consecutive Ups LE (Strategy)

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Input Information

Name Type Default Description
Price Numeric Close Price value to consider.
ConsecutiveUps Numeric 3 Number of consecutive closes required to generate an order.

Usage

Long entry based on a number of consecutive closes greater than the previous.

Description

This strategy counts the number of occurrences where the Price (Close) is greater than the previous Price. If the condition is true over the last ConsecutiveUps (Input) number of bars, a long entry will be generated for the next bar.

Order Name: ConsUpLE

Related Strategy: Consecutive Downs SE

Related Function(s): CountIf