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Syntax Question

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surfcat

Posted : Monday, December 9, 2013 11:54:23 AM

Registered User
Joined: 9/3/2013
Posts: 10

I have seen pcf terms such as MAXH2<MAXH4 used. I don't quite understand what this means. Is there some range of the MAXH involved or what? I do understand the syntax of MAXHx.z

Regards

Bruce_L

Posted : Monday, December 9, 2013 12:22:49 PM

Worden Trainer

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

MAXH2 < MAXH4 checks for the highest high in the most recent 2-bars to be less than the highest high in the most recent four bars.

In MAXHx.y, x is the number of bars over which you are checking for the highest high and y is the the number of bars ago the span being checked ended. So:

MAXH2.1

Is the highest high in the 2 bars ending 1 bar ago.

MAXH21.5

Is the highest high in the 21 bars ending 5 bars ago.

-Bruce
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surfcat

Posted : Monday, December 9, 2013 1:12:23 PM

Registered User
Joined: 9/3/2013
Posts: 10

Got it!

Thanks

Bruce_L

Posted : Monday, December 9, 2013 1:14:04 PM

Worden Trainer

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

You're welcome.

-Bruce
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