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Working with Multicharts and Tradestation – Lesson 06: Functions

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  • Working with Multicharts and Tradestation – Lesson 06: Functions

    Learn how to create and use functions in Multicharts and Tradestation

    Let’s take a look at what functions are and how they are used. We can use this as foundation for another lesson when we take a look at how to operate the function that comes with our free Value Area Indicator.

    In previous lessons we have looked at Moving Averages in various forms. The studies we wrote had all calculations within the main code block. This is fine to demonstrate things or when you only work with a few lines of code. However handling ten different moving averages within your code would require you to add the same code ten times. This would make your code much harder to read and the code maintenance would become harder, too. Think about a logic error you want to fix or a change in the average formula that you want to make. A mistake in the average logic is likely included in all ten code blocks. The change to the formula would have to be made at ten locations within the code.

    Read more - Working with Multicharts and Tradestation – Lesson 06: Functions

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