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Trend Persistence Counter (TPC) by riskcipher

Created by RiskCipher

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Trend Persistence Counter (TPC) by riskcipher chart preview

Trend Persistence Counter (TPC) by riskcipher

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Trend Persistence Counter tracks trend duration using pure price action, counting consecutive bars that maintain a specific directional structure without using moving averages.

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UNDERSTAND THE TOOL

How it works

The Trend Persistence Counter operates by tracking price action movements bar-by-bar, switching between bullish and bearish modes based on specific price structure conditions. In bullish mode, the indicator increments when each new close remains above the previous low, signaling continued upward momentum.

Conversely, in bearish mode, the indicator decrements when each new close stays below the previous high, indicating sustained downward movement. When price breaks the established trend structure, the counter resets to zero and switches modes, providing a clean, rule-based mechanism for tracking trend continuity.

Why it may be useful

The Trend Persistence Counter offers traders a transparent, straightforward method to evaluate trend strength without relying on lagging indicators or complex mathematical calculations. By focusing purely on price action, it provides an intuitive view of how consistently a trend maintains its directional momentum.

This approach allows traders to quickly identify when trend structures remain intact or begin to break down, offering insights into potential trend continuation or reversal scenarios. Its simplicity makes it adaptable across different trading styles and timeframes, enabling more nuanced trend analysis.

When to explore it

The Trend Persistence Counter works best in markets with clear, directional price movements where trend structures are relatively well-defined. It is particularly useful during trending market conditions where price exhibits consistent directional behavior across various timeframes.

Traders can leverage this tool to filter signals, confirm trend strength, and develop more robust trading strategies by understanding how long a particular price trend maintains its structural integrity. It becomes especially valuable when combined with other technical analysis tools to provide additional context and confirmation.

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What we’ve verified

Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.

General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.