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Determine

Determine Consecutive Candles█ OVERVIEW This is a simple script that will plot labels over or under candles to show where there had been consecutive candles that closed in a similar fashion. This script was inspired by a Tweet about Bitcoin experiencing its first 7th-consecutive weekly black candle and I sought out to test that. █ INPUTS There are three inputs for this script. "offset" ( integer ) - (Can be 0 or 1) Allows the user to apply this script at the currently closing candle or the most recently closed candle. "Number of Candles" ( integer ) - (From 3 to 100*) Allows the user to select how many candles to back test for consecutive-ness. "Black or White" ( boolean ) - Allows the user to select what kinds of candles to look for in this script. (true - Black , false - White ). *Publishing open-sourced, this selection was arbitrary and can be modified at will. █ USAGE Because I had created this in a little over an hour, this is just a simple experiment that I wanted to share with others. Its applications are unknown to me, but I am interested in hearing how others may find what this script does useful.
Pine Script® indicator
by SolCollector
Updated Jun 14, 2022
22

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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