Point: Difference between revisions
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Returns a decimal numerical value, equivalent to a single fractional price unit for the data series that the study is applied to. | Returns a decimal numerical value, equivalent to a single fractional price unit for the data series that the study is applied to. | ||
==== Usage ==== | ==== Usage ==== | ||
<syntaxhighlight>Point</syntaxhighlight> | |||
==== Notes ==== | ==== Notes ==== | ||
Revision as of 16:36, 18 January 2012
Returns a decimal numerical value, equivalent to a single fractional price unit for the data series that the study is applied to.
Usage
PointNotes
Point = 1/PriceScaleExample
1 Point will return 0.01 for Google
8 Point will return 0.08 for E-mini S&P 500
8 Point will return 0.25 for T-Bond Futures