Properties

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

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 low than the previous bar

Value

Select wether 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.

Period Type

This setting sets the period type to use when calculating the Continuous Close. For example, by selecting Daily the Continuous Close will be calculated off a day bar period (a daily chart), if it was set to Weekly, it would be calculated off a Weekly bar period (a weekly chart). You can select from the following options.

• Daily
• Weekly
• Monthly
• Yearly