What does the 'Persistence' parameter do?

Many times traders would like to take buy/sell decisions only if some indicator event happens for m times in n successive candle periods. For this use case, we have an advanced parameter called 'Persistence'.

Persistence is available as an 'Advanced Parameter' in

• Price block
• Indicator block
• Compare Block
• Volume Block

Note: Persistence is not available when uses use the 'Cross up' and 'Cross down' operators.

Eg: Let's say a user has the below strategy:

• Buy when the price was below 5%, for 2 of the last 5 successive candles
• Sell when the price is above 5%

For this, the buy price block is set up as:

The corresponding strategy would be set up as follow: