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TradingSolutions Function Library
| Threshold Signal [ThreshSig] |
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The Threshold Signal function converts an analog entry/exit signal to the discrete values produced by an entry/exit system.
Parameters ------------------ Signal The entry/exit signal to evaluate.
The signal parameter does not need to be formatted to be displayed as a signal to be used in this function.
Function Value ------------------------ This function converts an analog entry/exit signal to the discrete values produced by an entry/exit system. Specifically, it uses the following table for this conversion.
Condition Returns Interpretation ------------------------------------------------------------------------- value >= 0.5 1.0 Enter Long 0.5 > value >= 0.2 0.3 Exit Short 0.2 > value > -0.2 0.0 Hold -0.2 >= value > -0.5 -0.3 Exit Long -0.5 >= value -1.0 Enter Short
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