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Description |
This function determines whether the current high is a new high. |
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Formula |
NewHigh(instrument,distance)=begin bNewHigh = FALSE if vchart(disttomax(instrument.high,0,distance)[-1]) < 2 then begin if instrument.high>vchart(instrument.high[0]) then bNewHigh=TRUE end bNewHigh end |
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Parameters |
instrument An instrument.
distance The number of bars to test. |
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Return Value |
TRUE or FALSE |
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Examples |
... if NewHigh($1, targetBar) == TRUE then begin ... |
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Comments |
NA |
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