Is New High Value For Position [IsNewHigh]

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The Is New High Value For Position function determines if a data field contains a new high value since the last change in position for a signal. Parameters ------------------ Data           The data to analyze. This is typically a field in a data series or a calculated value. Signal         The entry/exit signal to evaluate. The signal parameter does not need to be formatted to be displayed as a signal to be used in this function. Function Value ------------------------ This function returns 1 if the current value of the Data parameter is higher than all previous values of the Data parameter since the Signal parameter last resulted in a change in position; otherwise, it returns 0. Note: This function does not take into account stops or limits associated with trading styles, nor does it take into account starting dates associated with signal analysis.