Analysis Techniques & Strategies
True/False expressions are any combination of values, strings, and/or operators that evaluate to a true or false (boolean) value; their return type is either true or false.
True/False expressions can be used as true/false inputs for analysis techniques and strategies.
True/False expressions can include numeric and relational operators as well as true/false functions. When using relational operators to compare strings, the ASCII values of the first two characters are evaluated. If they are not equal, the strings are not equal.
8 + 4 > 4 + 10 // false because 12 is not greater than 14
Value1 = Value2 // true when the value represented by Value1 is the same as Value2
Close + 3 < Open // true when the value of the Close price plus 2 is less than the Open price
Value1 <> 3 // true when the value represented by Value1 is not equal to 3
"MSFT" = "GE" // false because the string on the left is not equal to the string on the right