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Consecutive Ups

From MultiCharts

The Consecutive Downs indicator can be used to detect the upward trend in the markets. It marks bar High when the price of the bars referenced is consecutively higher than the Price of the previous ConsecutiveBarsUp number of bars.

One can add the conditions for detecting a rising market by editing the Price input. It can include an additional indicator (RSI or ADX, for example), or any input that returns a numerical expression.

Default Inputs

Price ( Close ) sets the number of bars used for calculation.

ConsecutiveBarsUp( 3 ) sets the number of consecutive bars with the rising price.