Any insight into how to resolve this would be greatly appreciated.
Code: Select all
variables:
MomentumLength ( 1 ),
FlagVar ( 0 ),
MomentumVar ( 0 ),
HighVal ( 0 ),
LowVal ( 0 ),
IndexVar ( 0 );
// Take the one day momentum of price
MomentumVar = Momentum ( C , MomentumLength );
// Check if momentum (MomentumVar) is falling
if MomentumVar< MomentumVar[1] and MomentumVar[1] < MomentumVar[2] then begin
// Set FlagVar flag to -1 for declining momentum
FlagVar = -1;
// end loop
end;
// Check if momentum (MomentumVar) is rising
if MomentumVar> MomentumVar[1] and MomentumVar[1] > MomentumVar[2] then begin
// Set FlagVar flag to +1 for rising momentum
FlagVar = 1;
// end loop
end;
// Check if momentum is flagged rising
if FlagVar = 1 then begin
// Initilize index to 0
IndexVar = 0;
// set HighVal to the high indexed to the flagged bar
HighVal = High[IndexVar];
// if HighVal has a value then hold that value each bar forward using the index counter IndexVar incremented by 1
if HighVal <> 0 then IndexVar = IndexVar + 1;
// end loop
end;
// Check if momentum is flagged falling
if FlagVar = -1 then begin
// Initilize index to 0
IndexVar = 0;
// set LowVal to the Low indexed to the flagged bar
LowVal = Low[IndexVar];
// if LowVal has a value then hold that value for each bar forward using the index counter IndexVar incremented by 1
if LowVal <> 0 then IndexVar = IndexVar + 1;
// end loop
end;
// plot current value of HighVal
plot1 (HighVal,"High");
// plot current value of LowVal
plot2 (LowVal,"Low");