FTB-C000453 / Formula component

Up/Down Streak

Up/Down Streak is the signed length of the current run of consecutive close increases or decreases.

Also known assigned price streak

Intermediate 1 linked topicPublished

Definitions

In plain terms

An up day increments a positive streak, a down day extends a negative streak, and an equal close resets it under this package.

Technical

The recurrence freezes equality precision, first row, missing bars, adjustment basis, state resets, and revisions.

Scope

Streak length counts bars and is not the cumulative price return.

Examples

  • A governed lesson calculates or identifies Up/Down Streak only after its inputs, window, state, scale, and edge cases are declared.

Common misconceptions

  • Streak length counts bars and is not the cumulative price return.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Evidence and governance

  1. Connors Relative Strength Index Implementation QuantConnect Lean · first party technical publication

    Supports: preferred label, short definition, technical definition

    Limits: The moving branch can change; exact parity requires a pinned revision and an explicit tie and ranking-window contract.

Reviewed by
fintech-builder-batch-008
Last reviewed
2026-07-29
Next review
2027-07-29
Record status
published