Point

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.