Topic: Previous Bar Bullish/Bearish


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.


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.

Re: Previous Bar Bullish/Bearish

I think no need for this. Use current indis to their full extent.

For inspiration: … vious-bar/ … -in-a-row/

Re: Previous Bar Bullish/Bearish

Interesting thank you smile