Point
From MultiCharts
Returns a decimal numerical value, equivalent to a single fractional price unit for the data series that the study is applied to.
Usage
Point
Notes
- Point = 1 / PriceScale.
Examples
1 Point
Will return 0.01 for Google.
8 Point
- Will return 0.08 for E-mini S&P 500,
- Will return 0.25 for T-Bond Futures.