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

Example

1 Point  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