I MarketPosition: Difference between revisions

Latest revision as of 19:52, 14 February 2012

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

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

Usage

i_MarketPosition

Notes

This function can only be used in studies (indicators). Use the regular MarketPosition in signals.

Example

i_MarketPosition

Will return a value of 0 if the position on the current bar is flat,
Will return a value of 1 if the position on the current bar is long,
Will return a value of -1 if the position on the current bar is short.

@@ Line 1: / Line 1: @@
 Returns a numerical value, indicating the type of the specified position.
 A value of 1 indicates the current bar has a long position, -1 indicates the current bar has a short position, and 0 is returned only if the current bar has a flat position.
-==== Usage ====
+== Usage ==
 <syntaxhighlight>i_MarketPosition</syntaxhighlight>
-==== Notes ====
+== Notes ==
-This function can only be used in studies.
+* This function can only be used in studies (indicators). Use the regular [[MarketPosition]] in signals.
-==== Example ====
-<syntaxhighlight>i_MarketPosition will return a value of 0 if the position on the current bar is flat
-i_MarketPosition will return a value of 1 if the position on the current bar is long
-i_MarketPosition will return a value of -1 if the position on the current bar is short</syntaxhighlight>
+== Example ==
+<syntaxhighlight>i_MarketPosition</syntaxhighlight>
+* Will return a value of 0 if the position on the current bar is flat,
+* Will return a value of 1 if the position on the current bar is long,
+* Will return a value of -1 if the position on the current bar is short.
 [[Category:Strategy Performance]]