Re: [Metastockusers] # of consecutive negagive 1 day roc

["Roy Larsen" <rlarsen@xxxxxxxxxxxxxx>]

Trend2trader

> does anyone know how to programm an indicator which counts the # of 
> consecutive down days?
> 
> thanks in advance

Try this

  {Signal Counter} 
a:=C<Ref(C,-1); {signal}
b:=C>=Ref(C,-1) AND Alert((C>=Ref(C,-1))=0,2); {reset}
i:=Cum(a+b>-1)=1;
f:=BarsSince(i OR a)<BarsSince(i OR b);
g:=Cum(a OR Cross(a,0.5))-ValueWhen(1,i OR (f AND 
Alert(f=0,2)) OR (f=0 AND 
Alert(f,2)),Cum(a OR Cross(a,0.5)));
If(f,g+1,g);

Roy



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