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I am still having a problem using IIf() and arrays to track peaks and
valleys. I just tried to simplify and comment the code so people
could more easily see my problem. TIA for your help. -- Keith
======= code starts here ================
// is price falling
isfalling = 0; // initialize array
isfalling = IIf(C<Ref(C,-1) OR C==Ref(C,-1) AND Ref(isfalling, -1),
1, 0);
//extra code for troubleshooting
Plot(IIf(isfalling,500,400), "isfalling", colorRed, styleLine); //
below recent RUT2K
recentpeak = 650; // initialize to value higher than recent RUT2K
price
// if price just changed to falling then last value was a peak
// set value of recentpeak to the peak and follow it until next peak
recentpeak = IIf(isfalling AND NOT Ref(isfalling,-1), Ref(C,-1), Ref
(recentpeak,-1));
//PROBLEM: recentpeak is set to proper value but then goes to 650 on
the next bar!!!!
// This means that if conditional statement is false then recentpeak
is NOT set
// to Ref(recentpeak,-1) as it should be but just stays at inital
value of 650.
GraphXSpace=5;
Plot(C, "Close", colorBlack, styleLine); // testing with RUT which
is near 500
Plot(recentpeak, "Recent Peak", colorGreen, styleLine);
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