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Hello Coders,
As stated above, I need to backtest and calculate the length and frequecy of trends, using a SMA with a variable value (ex SMA10) I need a visual when the SMA goes down that means its a down trend and we need to log how long it goes in that direction before it turns and how long it goes in new direction. I will simply run a backtest in the strategy tester and it should show data like: how many uptrends/downtrends, average duration of uptrend/downtrend, longest trend duration. I need to filter out a few small trends so perhaps an option to gather data on >=5bar trends or whatever I decide. I also need it to tell me how many 5 bar trends, 6bar trends, 7 bar trends, x bar trends, etc for all the trends there are until the longest trend, so for every duration there is in the trends I want to know how many of them there were to help me analyse the market. The screen can display something like this:
306 uptrends
Average uptrend 7 bars
longest trend 34 bars
67 5 bar trends
56 6 bar trends
33 7 bar trends
26 8 bar trends
24 9 bar trends
etc until 34 bar trends
288 downtrends
Average downtrend x bars
etc
Thanks
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