Consecutive number of bars up / down

[siroki]

Hi,

I'm looking for an indicator that shows me the number of bars up / down up to the current moment from a variable timespan.

So if up to today we have 4 consecutive updays, i want the indicator to show the number 4. If we have 4 up days, followed by one down day i want the indicator to show -1. If we have 5 up days, followed by 3 downdays, followed by 1 up day, i want the indicator to show 1.

So basically when an up day is followed by a down day, the indicator is reset and the most recent direction prevails.

I've tried building it with NBarsUp / NBarsDown but so far unsuccesfull.

Maybe somebody can help me out.

Thanks

[NinjaTrader_Bertrand]

siroki, I'm not really aware of a similar study besides the N Bars Up / Dn. Perhaps something like the below snippet could serve as starting point in this area?

protected override void OnBarUpdate()
        {
			if (CurrentBar < 1) return;
			
			if (Close[0] > Open[0] && Close[1] > Open[1])
				upCount++;
			
			if (Close[0] < Open[0] && Close[1] < Open[1])
				dnCount++;
			
			if (Close[0] > Open[0])
				dnCount = 0;
			
			if (Close[0] < Open[0])
				upCount = 0;
			
                        Plot0.Set(upCount + dnCount);
	}

[siroki]

Thanks for your help Bertrand, as always.

I solved it by using the following code.
Note that I use a multitimeframe. So just replace the Closes[1] with Close and you'll be fine in a single timeframe. Then also leave out the BarsInProgress, or change to 0.

			if(BarsInProgress == 1) {
				if(Closes[1][0] > Opens[1][0]) {
					if(iSwingDays >= 0) {
						iSwingDays = iSwingDays+1;
					} else {
						iSwingDays = 1;
					}
				}
				if(Closes[1][0] < Opens[1][0]) {
					if(iSwingDays <= 0) {
						iSwingDays = iSwingDays-1;
					} else {
						iSwingDays = -1;
					}
				}				
			}

Plot0.Set(iSwingDays);

[NinjaTrader_Bertrand]

You're welcome, I'm glad to hear - thanks for sharing here.