"ratcheting" a value in Excel

[kenrperry]

In Excel, I am trying to find a way to "ratchet up" the value in a cell. I want the value of the cell to never decrease, but to increase if the value of another cell is higher than the current value of this ratchetable cell. The other cell is automatically updated from the web daily and I am trying to track the highest ever value, thus the need to "ratchet up" the value in the ratcheted cell if the other cell is larger, but to not lower the ratcheted value if the other cell is lower.

ideas?

 

[T. Valko]

Thanks - works great and is a great example of KISS

You're welcome. Thanks for the feedback!