PointValue

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.