ELS code question

[Max Pierson <maxpi_44@xxxxxxxxx>]

Having some trouble debugging some code;

Value1=Lowest(Low,KPeriods);
METAK=Average(Close - Value1,Smoothing);

Using TS2K, will the above code average the series "close -value1" treating
close and value1 like time series' or will it treat only the "close" portion as
a time series and use the current bar value of "value1"?

TIA

Max

"The race may not always go to the swift nor the battle to the strong, but it is the way to bet"