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 | //truewhen the value of the Close price plus 3 is less than the Open price. |
| Value1 <> 3 | //truewhen 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. |