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minmax

MINMAX​

Type: minmax • Category: indicators

Description​

Lowest and highest values over a specified period

Parameters​

NameTypeDescriptionRequiredDefault
realstringInput arrayno
timeperiodnumberno30

Help​

MINMAX

Description​

The MINMAX indicator is used in financial markets to identify the lowest and highest values of an asset over a specified period. This indicator provides valuable insights into market trends and volatility.

What does this worker do?​

The MINMAX worker calculates the minimum and maximum values of a given input array over a specified period. This allows users to analyze the range of prices for an asset over a certain time frame.

How to interpret the results​

The results of the MINMAX worker will provide two key values:

  • The lowest value (min) of the asset over the specified period.
  • The highest value (max) of the asset over the specified period.

These values can be used to gauge market sentiment, identify trends, and make informed investment decisions.

Parameters​

The MINMAX worker accepts the following parameters:

Parameters Schema (JSON)​

{
  "real": {
    "type": "string",
    "description": "Input array"
  },
  "timeperiod": {
    "type": "number",
    "default": 30
  }
}

Detailed Parameters​

  • real:
    • Type: string
    • Description: The input array of values.
  • timeperiod:
    • Type: number
    • Description: The specified period over which to calculate the minimum and maximum values.
    • Default: 30

By adjusting the timeperiod parameter, users can customize the MINMAX worker to analyze different time frames, from short-term fluctuations to long-term trends.