"Price decreases a consecutive number of bars"
Author: futurewag
Creation Date: 5/21/2009 3:36 PM
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futurewag

#1

5/21/2009 3:36 PM

If I choose "Price decreases a consecutive number of bars" I have a choice to modify the "lookback". Is the value by default a multiple of 10, where 1*10=10 and so on?

Scott
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Eugene

#2

5/21/2009 3:40 PM

No, there's no multiple.
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futurewag

#3

5/21/2009 4:01 PM

I'm not sure I understand, is it only one bar? How is a lookback period defined?
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Eugene

#4

5/21/2009 4:48 PM

Here's how:
CumDown

The rule is a "wrapper" for the CumDown indicator, so the lookback corresponds to the indicator's period parameter.
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