Fellow traders,

I understand basic coding, however, this one has me stumped, as I cant figure out the logic of what it is saying. Would appreciate a plain English translation if anyone knows.

private int period = 5
dataseries.set = (MAX(High, period)[0] - MIN(Low, period)[0])

starting from the inside out...

1st (high of the last 5 periods) - (minimum of the last 5 periods)
2nd what does MAX mean here? If you subtract two values, isnt that the max already?
What am I missing?


Thanks.

ticker 

Fellow traders, I understand basic coding, however, this one has me stumped, as I cant figure out the logic of what it is saying. Would appreciate a plain English translation if anyone knows. private int period = 5 dataseries.set = (MAX(High, period)[0] - MIN(Low, period)[0]) starting from the inside out... 1st (high of the last 5 periods) - (minimum of the last 5 periods) 2nd what does MAX mean here? If you subtract two values, isnt that the max already? What am I missing? Thanks.

In plain english "Set dataseries to the Highest High of the last 5 bars, as of this current bar, minus the Lowest Low of the last 5 bars, as of this current bar"

MAX() means highest value.

MAX(High, period)[0] means MAX High (High as in OHLC, open high low close), period meaning 5 bars, [0] meaning current bar. MAX(High, period)[1] would mean as of 1 bar ago for example. MAX(High) in trading means "Highest High". But you could also do MAX(Open, period)[0] for example to mean highest Open.

Mike