Difference between revisions of "PointValue"
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(Created page with "Returns a numerical value, indicating the currency value of a single fractional unit price change for the data series that the study is applied to. ==== Usage ==== [[PointV...") |
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| − | Returns a numerical value, indicating the | + | Returns a numerical value, indicating the market value of a single fractional PriceScale unit price change for the data series that the study is applied to. The PointValue is not always the same as the minimum move value. |
| − | + | == Usage == | |
| − | + | <syntaxhighlight>PointValue</syntaxhighlight> | |
| − | + | ||
| − | + | == Notes == | |
| − | + | * PointValue = [[BigPointValue]] / [[PriceScale]]. | |
| − | + | == Example == | |
| − | <syntaxhighlight>PointValue | + | <syntaxhighlight>PointValue</syntaxhighlight> |
| − | + | * Will return 0.01 for Google, | |
| − | + | * Will return 0.50 for E-mini S&P 500. | |
| − | |||
[[Category:Data Information/General]] | [[Category:Data Information/General]] | ||
Latest revision as of 09:33, 18 April 2012
Returns a numerical value, indicating the market value of a single fractional PriceScale unit price change for the data series that the study is applied to. The PointValue is not always the same as the minimum move value.
Usage
PointValue
Notes
- PointValue = BigPointValue / PriceScale.
Example
PointValue
- Will return 0.01 for Google,
- Will return 0.50 for E-mini S&P 500.
