{"id":2028,"date":"2022-07-10T09:02:00","date_gmt":"2022-07-10T09:02:00","guid":{"rendered":"https:\/\/www.overcharts.com\/en\/helpcenter\/?post_type=docs&#038;p=2028"},"modified":"2022-10-15T11:46:22","modified_gmt":"2022-10-15T11:46:22","password":"","slug":"overbasic-if-then-else","status":"publish","type":"docs","link":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/overbasic-if-then-else\/","title":{"rendered":"Overbasic &#8211; IF .. THEN .. ELSE"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">IF, THEN and ELSE keywords allow you to condition the execution of a set of statements. In other words, statement blocks can only be executed under specific conditions.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Syntax<\/strong><\/h3>\n\n\n\n<pre class=\"wp-block-code\"><code><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> &lt;condition&gt; <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    &lt;IF..THEN statement block&gt; <mark style=\"background-color:rgba(0, 0, 0, 0);color:#3fad1d\" class=\"has-inline-color\">'to be executed if &lt;condition&gt; is TRUE<\/mark>\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Else<\/mark><\/strong>\n    &lt;ELSE statement block&gt; <mark style=\"background-color:rgba(0, 0, 0, 0);color:#3fad1d\" class=\"has-inline-color\">'to be executed if &lt;condition&gt; is FALSE<\/mark>\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong><\/code><\/pre>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>IF<\/strong> statement consists of two blocks:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>IF..THEN<\/strong> <strong>block<\/strong>: (<em>mandatory<\/em>) statements contained in this block are executed ONLY if &lt;condition> is TRUE<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>ELSE<\/strong> <strong>block<\/strong>: (<em>optional<\/em>) statements contained in this block are executed ONLY if &lt;condition> is FALSE<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&lt;condition&gt; is any equation\/inequality (or a set of equations\/inequalities linked together by AND\/OR operators)<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">IF..THEN and ELSE statement blocks can contain any type of statement including other IF..THEN..ELSE (nested) statements:<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> &lt;condition1&gt; <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> &lt;condition2&gt; <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n        ...\n        ...\n    <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong>\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Else<\/mark><\/strong>\n    <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> &lt;condition3&gt; <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n        ...\n    <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Else<\/mark><\/strong>\n        ...\n    <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong>    \n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong><\/code><\/pre>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">In the case of multiple <strong><em>nested IF<\/em><\/strong> statements, it is sometimes convenient to use an alternative (simplified) syntax that makes use of the <strong>ELSEIF<\/strong> keyword:<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> &lt;condition1&gt; <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    ...\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">ElseIf<\/mark><\/strong> &lt;condition2&gt; <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    ...\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">ElseIf<\/mark><\/strong> &lt;condition3&gt; <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    ...\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Else<\/mark><\/strong>\n    ...\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong><\/code><\/pre>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Usage<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">IF..THEN without ELSE block:<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> (Close &gt; Open) <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    PositiveBars = PositiveBars + 1\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong>\n\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> (Close &gt; Open) <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">And<\/mark><\/strong> (Close &gt; Close(-1)) <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    PositiveTrend = <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">True<\/mark><\/strong>\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong><\/code><\/pre>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">IF..THEN with ELSE block:<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> (Close &gt; Open) <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    PositiveBars = PositiveBars + 1\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Else<\/mark><\/strong>\n    NegativeBars = NegativeBars + 1\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong><\/code><\/pre>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">IF..THEN..ELSE nested:<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> (Close &gt; Open) <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    PositiveBars = PositiveBars + 1\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Else<\/mark><\/strong>\n    <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> (Close = Open)\n        NeutralBars = NeutralBars + 1\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">    Else<\/mark><\/strong>\n        NegativeBars = NegativeBars + 1\n    <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong>\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong><\/code><\/pre>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">IF..THEN..ELSE with ELSEIF block\/s:<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">If<\/mark><\/strong> (Close &gt; Open) <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Then<\/mark><\/strong>\n    PositiveBars = PositiveBars + 1\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">ElseIf<\/mark><\/strong> (Close = Open)\n    NeutralBars = NeutralBars + 1\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">Else<\/mark><\/strong>\n    NegativeBars = NegativeBars + 1\n<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0088cd\" class=\"has-inline-color\">EndIf<\/mark><\/strong><\/code><\/pre>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IF, THEN and ELSE keywords allow you to condition the execution of a set of statements. In other words, statement blocks can only be executed under specific conditions. Syntax IF statement consists of two blocks: IF..THEN block: (mandatory) statements contained in this block are executed ONLY if &lt;condition> is TRUE ELSE block: (optional) statements contained [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"doc_category":[16],"doc_tag":[],"class_list":["post-2028","docs","type-docs","status-publish","hentry","doc_category-syntax-keywords"],"year_month":"2026-10","word_count":292,"total_views":0,"reactions":{"happy":0,"normal":0,"sad":0},"author_info":{"name":"Overcharts Team","author_nicename":"overadmin","author_url":"https:\/\/www.overcharts.com\/en\/helpcenter\/author\/overadmin\/"},"doc_category_info":[{"term_name":"Syntax &amp; Keywords","term_url":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs-category\/syntax-keywords\/"}],"doc_tag_info":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Overbasic - IF .. 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