This is a formula written in a programming language used for financial analysis. It calculates a certain value based on the values of four variables (VAR4, VAR7, CLOSE, and OPEN) and returns a result of either 300 or 200, depending on the conditions met.

The conditions are as follows:

  • VAR4 must be greater than 0
  • VAR7 must be less than -12
  • The ratio of CLOSE to OPEN must be greater than 1.07

If all of these conditions are met, the formula returns a value of 300. If any of the conditions are not met, the formula returns a value of 200.

Finally, the formula also sets the color of the output to a shade of yellow (COLORFFFF00) and the style of the output to a point (POINTDOT)

IFVAR40 AND VAR7-12 AND CLOSEOPEN107300200COLORFFFF00POINTDOT;

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