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TradingSolutions Function Library
| Bars Since Highest [BarsSinceHigh] |
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The Bars Since Highest function determines the number of bars since the highest value in a data series occured within a given period.
Parameters ------------------ Data The data to evaluate. This is typically a field in a data series or a calculated value. Period The number of bars of data to analyze for the condition, including the current value. For example, a period of 3 includes the current value and the two previous values.
Note: An end point to the Period parameter can be simulated using the Lag function to obtain a previous value of this function. See the notes for the Lag function for more information.
Function Value ------------------------ This function determines the number of bars ago when the highest value in a data series within a given period most recently occured. If the data series does not have enough data to fill the period or it contains a null during the period, a null is returned.
Close BarsSinceHigh(Close,3) ---------------------------------------------------- 10 11 12 0 11 1 12 0 13 0
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