CBrkUp -
Consolidation Breakout Up
CBrkDn -
Consolidation Breakout Down
CBrkDiff -
Consolidation Breakout Difference
These 3 studies are used in conjunction with each other to scan for Consolidation Breakouts up and
Consolidation Breakouts Down
(CBrkDn).
Parameters:
BarsBack - The number of bars back from the current bar. This is the range of bars
from which the low is returned in the BDn OutputIndicator
Arguments:
None
Output Indicators:
BDn - This value holds the low of the range Barsback from the current bar
Example:
Study Name Expanded in a 3 minute timeframe:
I3_CBrkDn(10)_I3
This study determines the low of the last 10 bars of the 3 minute time frame.
The output indicators names are appended to the studyname,
that is if the studyname is sn1 then
the outputindicator is
sn1::BDn
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