Category
Multi-Bar Functions
Description
Count of bars since the nth most recent peak of a series of prices or other values
Syntax
PeakBars(expr, pctChg, nth {1})
Parameters
expr - data series formula
pctChg - percent change required to delimit peaks and troughs
nth - which peak to locate (1, i.e., most recent if omitted)
Notes
The definition of a Peak is the highest value which is then followed by one or more values that are at least n% below that most recent high.
See Peak for important additional information about how these functions work in RealTest.
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