PROTECTED SOURCE SCRIPT

Bullish/Bearish Candle Series Distribution

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
snapshot

Line Break
snapshot
Bearish PatternsBullish PatternsCandlestick AnalysisdistributionseriesstatisticsstatsTrend Analysis

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?


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