Difference between revisions of "I MarketPosition"
Jump to navigation
Jump to search
(Created page with "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...") |
m |
||
Line 1: | Line 1: | ||
Returns a numerical value, indicating the type of the specified position. | 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. | 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 == | |
<syntaxhighlight>i_MarketPosition</syntaxhighlight> | <syntaxhighlight>i_MarketPosition</syntaxhighlight> | ||
− | + | == 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</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]] | [[Category:Strategy Performance]] |
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.