[EquisMetaStock Group] Highest High Value

["Paul Harris" <paul_vicmar@xxxxxxxxxxx>]

All
Sometime back you may have read about some system tests that were
proposed by Jim Greening which he devised in the 1990´s(message25181).
I have been gradually pulling these tests apart to see exactly what
they say and do. 
In some of Jim´s tests he uses this function to confirm if prices or
indicator are rising: HHV(X,5) = HHV(X,13) where X could be price or
indicator.
In the Metastock Manual it gives the example :
HHV(CLOSE,5) meaning "the highest closing price over the preceding
five periods". 
What I don´t really understand is the = function in 
HHV(X,5) = HHV(X,13).
In HHV(C,5)= HHV(C,13)- does this say the highest closing price over
previous 5 periods is = to the highest closing price over previous 13
periods and therefore closing prices have been rising?
Any help appreciated.
PAUL 




 
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