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MAXINDEX

Type: maxindex • Category: indicators

Description

Index of highest value over a specified period

Parameters

NameTypeDescriptionRequiredDefault
realstringInput arrayno
timeperiodnumberno30

Help

MAXINDEX

Description

The MAXINDEX worker calculates the index of the highest value over a specified period, providing an indicator for financial markets.

What does this worker do?

This worker takes an input array and a specified time period, then returns the index of the highest value within that period. It helps in identifying the position of the maximum value in the given array over a certain time frame.

How to interpret the results

The result from the MAXINDEX worker is the index position of the highest value in the input array over the specified period. A higher index value indicates that the maximum value occurred later in the period, while a lower index value means it occurred earlier.

Parameters

The MAXINDEX worker accepts the following parameters:

real

  • Type: string
  • Description: Input array for which the index of the highest value is to be determined.

timeperiod

  • Type: number
  • Description: The specified period over which the highest value's index is calculated.
  • Default: 30

Example Usage

To use the MAXINDEX worker, provide the input array and optionally specify the time period. If the time period is not provided, it defaults to 30.

{
"real": [10, 20, 30, 40, 50],
"timeperiod": 5
}

This example calculates the index of the highest value in the array [10, 20, 30, 40, 50] over a period of 5. The highest value is 50, and its index is 4. Therefore, the worker would return 4.