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I've got a very simple indicator but can't get proper afl code.
I want to plot an indicator equal to MA(C, 50) on day1 - let's say 20
$. For the following 2 days it has to be the same - 20$.
On day 4 it is equal to MA(C, 50) again - let's say 30$ - and remain
at 30$ for the following 2 days again.
Its shape would then be similar to a staircase.
In short the indicator should be equal to MA(C, 50) every four days
and be the same for the remaining 3 days.
I tried to code it as follow but it doesn't work due to the IIF logic:
MyIndicator = IIf(BarsSince(MA(C, 50) != Ref(MA(C, 50), -1)) > 3, MA
(C, 50), Ref(Ma(C, 50), -1));
Anyone can help?
regards,
paolo
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