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?
// 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"
.
