QuickTip 75 | Difference between Condition1 = C > O; and If C > O then Condition1 = TRUE;

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{ Quicktip 75 uses a TradeStation EasyLanguage show-me study to demonstrate the difference between:

Condition1 = Close > Open;
and 
If Close > Open then Condition2 = TRUE;

With the first expression (Condition1 = Close > Open;) if close is greater than open (i.e an up bar)
the expression evaluates to true and Condition1 is set to TRUE, hence, in our simple example a show 
me dot is plotted at the high of the bar. If Close is less than or equal to open (i.e a down bar or
Doji) then the expression, Close > Open evaluates to FALSE, Condition1 is set to False and the 
show-me dot is not plotted.

With the second expression, If Close > Open then Condition2 = TRUE; if the close is greater than the
open (an 'up' bar) then Condition2 is set to true and a show-me dot is plotted at the low of the bar. 
If on a subsequent bar the close is less than or equal to open (i.e a down bar or Doji)then no change 
is made to Condition2. Hence once there has been an up bar Condition2 is set to true and remains true 
for all future bars and a show-me dot would be plotted at the low of these bars. This second 
expresssion acts as a sort of 'ratchet.'

The third example is similar to the second in that if a bar is an 'up' bar then Condition3 is set to 
true, however if the bar becomes or is a down bar or doji Condition3 is set to false. Therefore the 
first and third expressions give similar results.

For more information about quick-tip 75 see: 
/}

// ******************************************************************************************************************************
// 1. Condition1 = Close > Open;
// ******************************************************************************************************************************

Condition1 = Close > Open;
If Condition1 = TRUE then Plot1( H );

// ******************************************************************************************************************************
// 2. If Close > Open then Condition2 = TRUE;
// ******************************************************************************************************************************

If Close > Open then Condition2 = TRUE;
If Condition2 = TRUE then Plot2( L );

// ******************************************************************************************************************************
// 3. If Close > Open then Condition3 = TRUE Else Condition3 = FALSE;
// ******************************************************************************************************************************

If Close > Open then Condition3 = TRUE 
Else Condition3 = FALSE;
If Condition3 = TRUE then Plot3( ( H + L ) / 2 ); 

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