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

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


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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
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Joined: 9/3/2013
Posts: 10

Got it!

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


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

You're welcome.


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