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MarketPosition: Difference between revisions

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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.  
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 ====
== Usage ==
<syntaxhighlight>MarketPosition(PosBack)</syntaxhighlight>  
<syntaxhighlight>MarketPosition(PosBack)</syntaxhighlight>  


Where: [[PosBack]] - a numerical expression, specifying the position:  
Where:  


0 - open position;  
:'''PosBack''' - a numerical expression, specifying the position:
 
::'''0''' - open position;  
                
                
1 - one position back (the last position closed);  
::'''1''' - one position back (the last position closed);  
                
                
2 - two positions back, etc.  
::'''2''' - two positions back, etc.  


If [[PosBack]] is not specified, a value for the open position will be returned.  
If PosBack is not specified, a value for the ''open'' position will be returned.  
   
   
==== Notes ====  
== Notes ==  
This function can only be used in signals.  
* This keyword can only be used in signals. Use [[i_MarketPosition]] in indicators.  
* To get the position size, use [[CurrentContracts]] or its equivalent [[CurrentShares]].
==== Example ====
<syntaxhighlight>MarketPosition  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
== Example ==
position</syntaxhighlight>
<syntaxhighlight>MarketPosition(0)</syntaxhighlight>
Will return a value of 0 if the current position is flat.


<syntaxhighlight>
MarketPosition(1)</syntaxhighlight>
Will return a value of -1 if the most recently closed position was a short position.


[[Category:Strategy Position]]
[[Category:Strategy Position]]

Latest revision as of 12:23, 22 July 2015

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.

Usage

MarketPosition(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

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.