Category: Advanced Indicator Set 2
Abbreviation: BarsSinceCond
Input parameters
Name
|
Setting
|
Default
|
Condition
|
Condition time series
|
Close
|
Period
|
Integer >= 0
|
5
|
Calculations
The Bar Count Since Condition indicator calculates the number of bars that have passed since Condition was true (non-zero) the last time in the most recent Period bars. If the condition was not true in the window, the return value is –1.
If Period=0 then the indicator returns the number of bars passed since Condition was true. In this case, there is no moving window.
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