Analysis Techniques & Strategies

image\insert_paintbar.gif Count Criteria PB (PaintBar)

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image\count_criteria_pb.gif

Input Information

Name Expression Default Description
Criteria True/False Close > High[1] Condition the study searches for.
Length Numeric 14 Number of bars to consider.
Occur Numeric 7 Minimum number of times 'Criteria' must occur.

Description

By default, the Count Criteria PaintBar study paints every bar when, at least 7 times during the previous 14 bars, a bar has closed higher than the high of the previous bar. You can define the condition you want to search for (Criteria), the number of bars to search (Length), and the number of times the condition must occur in order to paint a bar (Occur).

Note This PaintBar study contains alert criteria. When you enable the alert, an alert is triggered each time a bar is painted.

Related Functions

CountIF