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Date/Time: Wed, 27 Nov 2024 15:30:30 +0000



Post From: Alert Question

[2023-08-15 14:18:37]
Sawtooth - Posts: 4120
What does MAX mean? H-MAX(O,C) and then you divide? Can you explain this formula would appreciate it
H-MAX(O,C) finds the difference between the High and the upper value of the candle body.

MAX is an formula Function that means maximum.
https://www.sierrachart.com/index.php?page=doc/SpreadsheetFunctions.html#MAX_Function
H is the High of a price bar.
O and C (Open and Close) are the extremes of a candle body.

The maximum of the Open and Close is the upper value of the candle body.
It could be the Open or the Close, depending on whether the candle is 'green' or 'red'.