What is the difference in the parameters for these two functions? For example, if a MA is higher today than the previous day, does that qualify as a change in output for either of those or does one denote a change in the slope?
Hi Bradley,
The TurnsUp operator will only show a true result the first instance an indicator moves from a downward movement, to an upward movements. The IsUp operator will show a true result any time the indicator value is higher than the previous day.
In the following image you will see both Turns Up / IsUp scripts begin on the same bar, but only the IsUp operator continues after the initial turn.
That's great. Thank you Matthew!