cond

Conditional/ternary operator (if-then-else)

`cond(condition, if_true, if_false)`

Parameters

Name	Type	Description
`condition`	expression	Boolean expression to evaluate
`if_true`	expression	Value returned when condition is true
`if_false`	expression	Value returned when condition is false

Formula

```
cond(A, B, C) → B when A is true, otherwise C
```

Examples

// 1 for up days, 0 for down days
cond(close > open, 1, 0);

// distance above MA (zero when below)
cond(close > sma(close, 20), close - sma(close, 20), 0);

// -1 = overbought, 1 = oversold, 0 = neutral
cond(rsi(close, 14) > 70, -1,
     cond(rsi(close, 14) < 30, 1, 0));

// body-to-range ratio, safe when range is zero
cond(bar_range != 0, bar_change / bar_range, 0);

Returns

Value of if_true or if_false depending on condition evaluation ## Notes - Can be nested for multi-level classification (if-else-if chains) - Arguments can be any expression: fields, functions, or constants - Both branches are evaluated, so use for calculations not side effects

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