Hello everybody,
I am trying to generate an indicator that shows the all time high (evaluated at close)
For that I am just checking when the close<close[1] and close[1]<close[2] (condition of relative maximum)
The problem is that it shows me all the relative maximums even when they are lower than the previos higher maximums (see picture)
I would like to add a condition like close>MM[1], but then the code does nothing.
Could you please help me?
Cheers
// Show relative maximum
MM=0
if (close < close[1]) and (close[1]>close[2]) then
MM= close[1]
else
MM=MM[1]
endif
return MM as "MMHH"
Modified code which does not work
// Show absolute maximum
MM=0
if (close < close[1]) and (close[1]>close[2]) and (close>MM[1]) then
MM= close[1]
else
MM=MM[1]
endif
return MM as "MMHH"
Just remove, or comment out, lines 5-6.
Thanks a lot!!
A found it out in the last 10 min!! 😉