NthHighestBar (Function)
The NthHighestBar function will return the number of bars ago the highest, second highest, third highest (and so on) price occurred.
Syntax
NthHighestBar(N, Price, Length)
Returns (Integer)
A numeric value containing the number of bars ago the ’N’highest occurrence of Price occurred.
Parameters
|
Name |
Type |
Description |
|
N |
Numeric |
The occurrence to return. 1 = highest, 2 = 2nd highest, and so on. |
|
Price |
Numeric |
Specifies which bar value (price, function, or formula) to compare for the highest occurrence. |
|
Length |
Numeric |
The number of trailing bars to consider. |
Remarks
Just like the HighestBar function, NthHighestBar has the inputs Price and Length. It also has the input N that allows you to specify if it is the second, third, and so on highest value desired.
The Length input in the NthHighestBar function can only be replaced with a value equal to or less than 100. The value for N should not be greater than the value for the input Length..
Example
Returns the number of bars ago that the 2nd highest Close occurred during the past 25 bars.
Value1 = NthHighestBar(2, Close, 25);