Coding Help: Fold vs CompoundValue

[pupu]

I am always very confused with the iteration functions provided by thinkscript.

If possible, I wish to use a common programming language to let me understand how Fold and CompoundValue works, and their differences (which seems very similar, if not the same).

From my understanding, the following computes the same?

CompoundValue:

def length = 2;
def x = CompoundValue(
        length,
        x[1] + x[2],
        1
);

Fold:

def length = 2;

def x =
  fold i = 1 to length
  with x
  do x[1] + x[2];

Generic Language:

chart_bar_number = 100;
length = 2;
output = 0;

For (index = 1; index <= chart_bar_number; index++)
{
    if(index > length){
        output[index] = output[index - 1] + output[index - 2];
    }else{
        output[index] = 1;
    }
}

Please give me some help on the above! Thank you!

 

[halcyonguy]

compoundvalue() info
https://usethinkscript.com/threads/quarterly-value-area-tpo.9390/#post-85195
post10

compoundvalue is like an if then.


---------------------
fold

https://usethinkscript.com/threads/simple-explanation-of-fold-trying-to-learn.8044/
Simple explanation of Fold? Trying to learn....
greco26
Sep 21, 2021
post1

post5 includes the following 2 links

-----------------

explain the code in a couple of fold loops
https://usethinkscript.com/threads/...onfirming-a-thinkscript-line.6662/#post-64430
Intraday Flag Indicator to Python - Need Help Confirming a ThinkScript Line
windowshopr
May 20, 2021
post2

--------------------

an example using fold
https://usethinkscript.com/threads/...st-65-most-recent-days.7483/page-2#post-72474
post22
here is another fold example. this one uses while.
...while the condition is true, it processes the do formula.

-----------------
fold info
https://usethinkscript.com/threads/loops-while.9558/#post-86805

mvp ants, a study with a nested fold loop
https://usethinkscript.com/threads/ants-—-momentum-volume-and-price-mvp.7497/#post-74080
post18

------------

a good source of info
https://jshingler.github.io/TOS-and...t Collection.html#the-fold-function-explained
hal_foldx