MetaStock Peak Function
MetaStock Peak Function
The Peak function allows you to refer to a peak (i.e. distinct highs) in any selected `data array’. Technically speaking, a peak is the highest point reached between a short term up trend and a short term down trend. The way this function identifies a peak is based on the selected data array moving down a set percentage from a high. This percentage is set by the user. Additionally, by using the `peak’ function, not only can you refer to the most recent peak but also to any peak before that. SYNTAX Peak(Nth, Data Array, Minimum Change) Nth The number of the peak you wish to refer to. For example, N = 1 would return the value of the most recent peak in the data array, and N = 2 would return the value of the peak before that one.
