Bullish/Bearish Candle Series Distribution

2 Nis 2020

The tool counts the number of consecutive bullish or bearish candles in a row and build a distribution of those series lengths. The entire history of an instrument is used.

Available modes:

• Strict Bullish (close > open)
  
• Bullish (close >= open)
  
• Strict Bearish (close <= open)
  
• Bearish (close < open)
  

Different chart types have different distributions:

Renko


Line Break