Else

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Used in combination with If and Then to form a conditional statement that executes specific instructions if a logical expression is false.

The conditional execution statement must contain both If and Then in addition to Else.

Usage

If E Then I1 Else I2

Where:

E - a true/false expression.

I - conditional instructions.

Notes

For more information see If.

Example

If UpTrend is true then buy and if UpTrend is false then sell short:

If UpTrend = True Then 
  Buy Next Bar Market 
Else 
  SellShort Next Bar Market;