OPEN-SOURCE SCRIPT

Counting Positive and Negative Bars

1 336
Counting Positive and Negative Bars: It goes through a specified number of bars and counts how many are positive (close above the previous value) and how many are negative (close below the previous value).

Imbalance Criterion: If the count of negative bars exceeds that of positive bars by a configurable margin (such as 60%), it signals a possible buy (Long) condition. The opposite applies for sell (Short) conditions..

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.