Questions Indicator Comparison

Originally from ticket #246.

I’m having trouble grasping the “By Large Amount or More and By Small
Amount” etc as used in the Indicator Comparison solver. I’m used to
comparing something “plus or minus” some value. Is that similar to what is
being done?****

** **

Ed Long****

Hi Ed,

The large amount and small amount is there to allow you to vary the output according to how big the difference is between your two indicators. For example, suppose you set your small amount to 3 ticks and your large amount to 10 ticks. If the difference between your 2 indicators were say 10, then your output would be what ever you set your (A>B) by large amount or more (this could be set to 1 for example).

If on the other hand the difference between the two was somewhere between those values, like say 5 ticks, then BloodHound would calculate a value between your "(A>B) by large amount setting" and at "(A>B) By Small amount".

If you leave small amount and large amount as the same number (ie: 0), then you basically get an output that is 1 for the long side (green) when Indicator A is above Indicator B, and 1 for the short side (red) otherwise.

By setting values for large amount and small amount you allow BloodHound to output a gradient, analog value rather than a digital value based off the distance from indicator A to B.

Let me know if that helps.

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