PositionProfit: Difference between revisions
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==== Example ==== | ==== Example ==== | ||
PositionProfit will return a value of 0 if the current position is flat | <syntaxhighlight>PositionProfit will return a value of 0 if the current position is flat | ||
PositionProfit (0) will return a value of 5 if the value of the open position has increased by $5 since it was entered | PositionProfit (0) will return a value of 5 if the value of the open position has increased by $5 | ||
since it was entered | |||
PositionProfit (1) will return a value of -5 if the most recently closed position has generated a loss of $5 | PositionProfit (1) will return a value of -5 if the most recently closed position has generated | ||
a loss of $5</syntaxhighlight> | |||
[[Category:Strategy Position]] | [[Category:Strategy Position]] | ||
Revision as of 11:57, 27 January 2012
Returns a numerical value, indicating the profit or loss for the specified position.
Usage
PositionProfit(PosBack)Where: PosBack - a numerical expression, specifying the position:
0 - open position;
1 - one position back (the last position closed);
2 - two positions back, etc.
If PosBack is not specified, a value for the open position will be returned.
Notes
This function can only be used in signals.
Example
PositionProfit will return a value of 0 if the current position is flat
PositionProfit (0) will return a value of 5 if the value of the open position has increased by $5
since it was entered
PositionProfit (1) will return a value of -5 if the most recently closed position has generated
a loss of $5