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 ====
+
== Usage ==
 
<syntaxhighlight>Point</syntaxhighlight>
 
<syntaxhighlight>Point</syntaxhighlight>
  
==== Notes ====  
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== Notes ==
<syntaxhighlight>Point = 1/PriceScale</syntaxhighlight>
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* Point = 1 / [[PriceScale]].
 
   
 
   
==== Example ====
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== Examples ==
<syntaxhighlight>1 Point will return 0.01 for Google  
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<syntaxhighlight>1 Point</syntaxhighlight>
 
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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</syntaxhighlight>
 
  
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<syntaxhighlight>8 Point</syntaxhighlight>
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* 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

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.