'"Highest value offset for a given number of bars back" meaning?
I'm new to Pine script, please, anyone explain me exactly what this high[abs(highestbars(amplitude))] statement returns, specially in highestbars(2) definition what it mean Highest value offset?? FYI this statement is from Tradingview.com HalfTrend script,
thanks
Solution 1:[1]
highestbars() will give you the bar index offset of the highest bar in the given range.
For example, if highestbars(5) returns -2, you know that the highest bar within the last 5 bars was 2 bars ago.
Sources
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Source: Stack Overflow
| Solution | Source |
|---|---|
| Solution 1 | vitruvius |