Topic: Previous Bar Bullish/Bearish
Hi
Can anyone create a indicator that just goes long based on the previous bar: i.e. if its a bullish or bearish candle. And include a variable to adjust for many bars it checks...default being 1.
e.g.
if you select 3 it would check for 3 previous consecutive bullish (or bearish) bars.
We know after the markets trends in one direction for a few bars, theres usually some sort of pullback, perhaps we can trades this.
thank you.