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IfThenElse

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Returns the second parameter value if the first parameter value is true. Returns the third parameter value if the first parameter value is false. This function is analogous to the Microsoft Excel IF function.

Syntax:
value = IfThenElse( condition, trueValue, falseValue )

Parameter:	Description:
condition	Condition, or statement that evaluates to TRUE or FALSE
trueValue	Value returned if condition is TRUE
falseValue	Value returned if condition is FALSE

Example:
' This function is useful in calculated indicators, ' where you can only enter an expression. ' Example of calculated indicator which will return the true ' low of the day. This could be part of a true range calculation: IfThenElse( instrument.close[1] < instrument.low, _ instrument.close[1], instrument.low ) value = IfThenElse( 1 = 2, 3, 4 ) ' Returns 4 value = IfThenElse( 2 = 2, 3, 4 ) ' Returns 3
Returns:
True-Value, if condition is TRUE, otherwise False-Value.

Example:

' This function is useful in calculated indicators,
' where you can only enter an expression.
' Example of calculated indicator which will return the true
' low of the day. This could be part of a true range calculation:
IfThenElse( instrument.close[1] < instrument.low, _

instrument.close[1], instrument.low )

value = IfThenElse( 1 = 2, 3, 4 ) ' Returns 4
value = IfThenElse( 2 = 2, 3, 4 ) ' Returns 3

Returns:

True-Value, if condition is TRUE, otherwise False-Value.

Links:

See Also:
Mathematical Functions

Edit Time: 9/18/2020 12:20:13 PM

Topic ID#: 377

IfThenElse

Syntax:

Parameter:

Description:

Example:

Returns:

Links:

See Also: