No, because your sentence contains no adjectives. "Researching", as an adjective, has the ability to *describe* the subject of the sentence, "I", in a phrase like "If I were researching". It is the adjectival description of the subject of a sentence that creates the impression of continuous activity (not any particular "tense") because the adjective can describe "I" as a "researching person".
With no adjective, the subject is not described at all. Only verbs are present to state happens, will happen, or might happen, so no impression of continuity is created.
Although "researching", as a present participle, is derived from a verb, it acts as an adjective, not a verb.