Changesincesignal() Calculation

Optuma Scripting
1

What are the calculation metrics for Changesincesignal()? My assumption is the opening price of the next bar from the signal date to the close of the most recent bar.

Please advise.

Thanks in advance.

2

Hi Andrew,

Have a look at this Knowledgebase post and let us know if that does not answer your question.
https://help.optuma.com/kb/faq.php?id=953

All the best

Mathew

3

Hi Andrew,

It uses the closing price of the signal bar. This calculates the change since the close crosses the 50 period MA:

V1 = CLOSE() Crosses MA(BARS=50, CALC=Close);
CHANGESINCESIGNAL(V1)

In this example, AAPL has gained 6.21% since it last crossed the moving average 10 days ago, as measured using the Time Price Measure tool from the closing price:

Capture