Gold Customer
Joined: 3/8/2018 Posts: 30
|
Hello. This is my 1st post on this site.
I am a newbie and learning how to use TC2000.
i am trying to uderstand the difference and type of usage
MIN(w, x) -> Minimum - Returns the lowest value of w over the most recent x bars.
MINwx.z -> Minimum Value of Price Component or Volume over a specified span of bars ending on the specified bar (w must be O, H, L, C or V).
how can i intrepret the following (what is 1)
minv3.1 >= 100000
and does
minv3 >= 100000 same as above?
Thanks
Dipan
|
Administration
Joined: 9/30/2004 Posts: 9,187
|
how can i intrepret the following (what is 1)
minv3.1 >= 100000
This will return True when the lowest volume for the last three bars (as of one bar ago) is >= 100000 shares.
and does
minv3 >= 100000 same as above?
This will return True when the lowest volume for the last three bars is >= 100000 shares.
So the difference is the first formula checks for the minimum volume for the 3 bars previous to the current bar and the second formula checks for the minimum volume for the most recent 3 bars.
|
Gold Customer
Joined: 3/8/2018 Posts: 30
|
QUOTE (StockGuy)
how can i intrepret the following (what is 1)
minv3.1 >= 100000
This will return True when the lowest volume for the last three bars (as of one bar ago) is >= 100000 shares.
and does
minv3 >= 100000 same as above?
This will return True when the lowest volume for the last three bars is >= 100000 shares.
So the difference is the first formula checks for the minimum volume for the 3 bars previous to the current bar and the second formula checks for the minimum volume for the most recent 3 bars.
Thank You
|