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Portfolio MaxOpenPositionPotentialLoss

From MultiCharts
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Returns a value indicating the combined potential loss (not including margin, commission or slippage) for the traded symbol's open position within the portfolio.

Usage

SetStopPosition; 

SetStopLoss(Portfolio_MaxOpenPositionPotentialLoss);

Notes

  • This function can only be used in signals intended to be used with the Portfolio Trader.
  • The value is returned in the currency specified in Portfolio Trader: Portfolio Settings -> Base Currency.
  • Use Portfolio SetMaxPotentialLossPerContract to set the maximum potential for a given symbol, and Portfolio CalcMaxPotentialLossForEntry to calculate the maximum potential loss for a specified entry.

Example

value1 = Portfolio_MaxOpenPositionPotentialLoss; 

if value1 <> 0 then begin 

SetStopPosition; 

SetStopLoss (value1); 

end;
Portfolio_MaxOpenPositionPotentialLoss
  • Will return a value of 0 if there are currently no open positions within a portfolio,
  • Will return a value of 100 if the combined potential loss for all open positions within a portfolio is ¤100 since the positions were entered.