OPEN-SOURCE SCRIPT

N Bars Down Backtest

Evaluates for n number of consecutive lower closes. Returns a value
of 1 when the condition is true or 0 when false.

WARNING:
- For purpose educate only
- This script to change bars colors.
algotradingbacktestnbarsdownTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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