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


For more information see [[If.]]
== Usage ==
==== Usage ====
<syntaxhighlight>If E Then I1 Else I2</syntaxhighlight>  
<syntaxhighlight>If E Then I1 Else I2</syntaxhighlight>  


Where: [[E]] - a true/false expression
Where:  
            [[I]] - conditional instructions
 
:'''E''' - a true/false expression.
 
:'''I''' - conditional instructions.
 
== Notes ==
* For more information see [[If]].
   
   
==== Example ====
== Example ==
If [[UpTrend]] is true then buy and if [[UpTrend]] is false then sell short:  
If ''UpTrend'' is true then buy and if ''UpTrend'' is false then sell short:  
 
<syntaxhighlight>If UpTrend Then Buy Next Bar Market Else SellShort Next Bar Market;</syntaxhighlight>


<syntaxhighlight>If UpTrend = True Then
  Buy Next Bar Market
Else
  SellShort Next Bar Market;</syntaxhighlight>


[[Category:Comparisons and Loops]]
[[Category:Comparisons and Loops]]

Latest revision as of 10:55, 19 February 2012

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;