Negative numbers on studies?

[maverickmitch]

Is there a way to reference negative numbers on thinkscript? I'm using the MACD and want to enter short positions if the MACD is between 0.0 and -.75

 

[SleepyZ]

Is there a way to reference negative numbers on thinkscript? I'm using the MACD and want to enter short positions if the MACD is between 0.0 and -.75

Use the between() function. In your case, the parameter will be part of the macd you are wanting to reference, value1 will be the negative number and value2 will be 0. Please note that value1 is always lower than value2.

Between ( double value2);

Default values:

Description​

Tests if the specified parameter is within the range of value1 and value2 inclusively. The function returns 1 (true) if the data is between the two parameter values, and 0 (false) if the data is outside of the two parameter values.

Input parameters​

Parameter	Default value	Description
parameter	-	Defines parameter to test.
value1	-	Defines the first endpoint of the range.
value2	-	Defines the second endpoint of the range.

Example​

declare lower;
input lowLimit = 140.0;
input highLimit = 160.0;
plot Between1 = Between(close, lowLimit, highLimit);
plot Between2 = close >= lowLimit and close <= highLimit;
The code will return 1 if the closing price is between lowLimit and highLimit, and 0 if the closing price is below lowLimitor above highLimit. The example also shows the alternative solution to the between function implemented using the double inequality.