Continuous Closes

The Continuous Close scan searches for when a specific number of consecutive bars have an open, high, low or close price consecutively higher or lower.

These settings would scan for 3 consecutive bars with a higher close price. The scan would be applied to a Daily chart.

Three consecutive higher closes.

The third day is the trigger bar for the scan.

Direction

• Higher: Select this option to scan for when bars close higher than the previous bar.

• Lower:  Select this option to scan for when bars close lower than the previous bar.

Value: Select whether to scan for higher or lower open, high, low or close prices.

Number: Select the number of consecutive bars to scan for. Selecting 3 will mean 3 bars need to have either a higher or lower open, high, low or close price than the bar preceding it.