TrueHigh

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Description

This formula identifies Wilder's true high.

 

 

Formula

TrueHigh(instrument, index)=begin

  pHigh = GetPrice(instrument, BATE_HIGH, (index + 1), 0)

  cClose = GetPrice(instrument, BATE_CLOSE, index, 0)

  retval = MAX(pHigh, cClose)

end

 

 

Parameters

instrument

An instrument.

 

index

The bar, as oriented with the current bar, you want to evaluate.

 

 

Return Value

A true high

 

 

Examples

TrueRange2(instrument, index)=begin

  retval = Diff(TrueHigh(instrument,index),TrueLow(instrument,index))

end

 

 

Comments

NA

 

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