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indicator MAX

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    indicator MAX

    Help me please understand the options in the MAX indicator settings for strategy builder. If I want to find out if the high of the test bar [0] on the left side of the condition is the highest high of the last 15 bars, what values do i place in the boxes on the right and why? The default "Period" is 14 when the condition box opens. Is that how many highs I'm checking back on? Please see attached?
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    #2
    Hello trader3000a,

    Thanks for your post.

    Period is the number of bars used in the calculation.

    If you check if the left side's High (BarsAgo 0) is greater than or equal to the MAX with a Period of 15 (BarsAgo 0,) (Making sure MAX's Input Series is set to High) this would signal if you have hit the highest high over that last 15 bars.

    Let us know if you have any additional questions.
    JimNinjaTrader Customer Service

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