Difference between revisions of "Point"
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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 == | |
<syntaxhighlight>Point</syntaxhighlight> | <syntaxhighlight>Point</syntaxhighlight> | ||
− | + | == Notes == | |
− | + | * Point = 1 / [[PriceScale]]. | |
− | == | + | == Examples == |
− | <syntaxhighlight>1 Point | + | <syntaxhighlight>1 Point</syntaxhighlight> |
− | + | Will return 0.01 for Google. | |
− | |||
− | |||
− | |||
+ | <syntaxhighlight>8 Point</syntaxhighlight> | ||
+ | * Will return 0.08 for E-mini S&P 500, | ||
+ | * Will return 0.25 for T-Bond Futures. | ||
[[Category:Data Information/General]] | [[Category:Data Information/General]] |
Latest revision as of 12:04, 19 February 2012
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.