MarketPosition: Difference between revisions

Revision as of 05:35, 11 February 2012

Returns a numerical value, indicating the type of the specified position.

A value of 1 indicates a long position, -1 indicates a short position, and 0 is returned only if the current position is specified and indicates that the current position is flat.

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Notes

This function can only be used in signals.
To get the position size, use CurrentContracts or its equivalent CurrentShares.

Example

MarketPosition(0)

Will return a value of 0 if the current position is flat.

MarketPosition(1)

Will return a value of -1 if the most recently closed position was a short position.

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 A value of 1 indicates a long position, -1 indicates a short position, and 0 is returned only if the current position is specified and indicates that the current position is flat.
-== Usage ==
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-<syntaxhighlight>MarketPosition(PosBack)</syntaxhighlight>
-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.