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charc
Posted : Monday, June 29, 2015 3:47:09 PM
Registered User
Joined: 10/28/2009
Posts: 40

Translate in English MAXH9.26.  26 refers to 26 periods ago but I do not understand what the 9 refers to.

Bruce_L
Posted : Monday, June 29, 2015 3:50:45 PM


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Joined: 10/7/2004
Posts: 65,138

The 9 is the period of the MAXH indicator and the 26 (as you have already pointed out) is the number of bars ago.

So MAXH9.26 is the highest high of the 9 bars ending 26 bars ago.

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charc
Posted : Monday, June 29, 2015 4:18:29 PM
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Joined: 10/28/2009
Posts: 40

So to be clear, MAXH9.26 is the maximum high inside a 9 bar range starting 17 bars ago and ending 26 bars ago. Is this correct?

Bruce_L
Posted : Monday, June 29, 2015 4:24:14 PM


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Joined: 10/7/2004
Posts: 65,138

It would be the 9 bar range starting 34 bars ago and ending 26 bars ago, but I think you have the general idea.



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charc
Posted : Monday, June 29, 2015 4:30:24 PM
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Joined: 10/28/2009
Posts: 40

Where did you get 18. 26-9= 17

Bruce_L
Posted : Monday, June 29, 2015 4:36:15 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Well we both had a backwards, but count the bars... if it were MAXH9.18 it would be the highest of the following 9 bars.

H18, H19, H20, H21, H22, H23, H24, H25, H26

But it is actually MAXH9.26, so it is the highest of the following 9 bars.

H26, H27, H28, H29, H30, H31, H32, H33, H34

The most recent bar in the series is the 26, not the oldest bar in the series.



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