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could someone please tell me why in the following code
the line
trendText = WriteIf(trendup , "Trend UP", "Trend Down");
always returns the same value regardless of the values of Coppock and CoppockMinusN
it always returns "Trend UP"
Thanks
here's the code
TimeFrameSet( inMonthly ); // switch now to hourly
//Returns the array with months(1-12) monthArray = Month();
closeCurrentMonth = C; closeLatMonth = Ref(C, -1);
Coppock = (ROC(Close,14 )*10 + ROC(Close,11)*10 + ROC(Ref(Close,-1),14)*9 + ROC(Ref(Close,-1),11)*9 + ROC(Ref(Close,-2),14)*8 + ROC(Ref(Close,-2),11)*8 + ROC(Ref(Close,-3),14)*7 + ROC(Ref(Close,-3),11)*7 + ROC(Ref(Close,-4),14)*6 + ROC(Ref(Close,-4),11)*6 + ROC(Ref(Close,-5),14)*5 + ROC(Ref(Close,-5),11)*5 + ROC(Ref(Close,-6),14)*4 + ROC(Ref(Close,-6),11)*4 + ROC(Ref(Close,-7),14)*3 + ROC(Ref(Close,-7),11)*3 + ROC(Ref(Close,-8),14)*2 + ROC(Ref(Close,-8),11)*2 + ROC(Ref(Close,-9),14) + ROC(Ref(Close,-9),11))/2;
N = 1;
CoppockMinusN = (ROC(Ref(Close, -N),14 )*10 + ROC(Ref(Close, -N),11)*10 + ROC(Ref(Ref(Close, -N),-1),14)*9 + ROC(Ref(Ref(Close, -N),-1),11)*9 + ROC(Ref(Ref(Close, -N),-2),14)*8 + ROC(Ref(Ref(Close, -N),-2),11)*8 + ROC(Ref(Ref(Close, -N),-3),14)*7 + ROC(Ref(Ref(Close, -N),-3),11)*7 + ROC(Ref(Ref(Close, -N),-4),14)*6 + ROC(Ref(Ref(Close, -N),-4),11)*6 + ROC(Ref(Ref(Close, -N),-5),14)*5 + ROC(Ref(Ref(Close, -N),-5),11)*5 + ROC(Ref(Ref(Close, -N),-6),14)*4 + ROC(Ref(Ref(Close, -N),-6),11)*4 + ROC(Ref(Ref(Close, -N),-7),14)*3 + ROC(Ref(Ref(Close, -N),-7),11)*3 + ROC(Ref(Ref(Close, -N),-8),14)*2 + ROC(Ref(Ref(Close, -N),-8),11)*2 + ROC(Ref(Ref(Close, -N),-9),14) + ROC(Ref(Ref(Close, -N),-9),11))/2;
trendUp = IIf(Coppock > CoppockMinusN, True, False);
trendText = WriteIf(trendup , "Trend UP", "Trend Down"); AddTextColumn(trendText , "Trend");
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