MarketPosiition BUG

Questions about MultiCharts and user contributed studies.
damageboy
Posts: 70
Joined: 15 Sep 2006
Been thanked: 14 times

MarketPosiition BUG

Postby damageboy » 22 Nov 2006

Hi,
While using the MarketPosition keyword I noticed it is wrongly intialized by MC before the first trade has been made by the strategy:

The following code:

Code: Select all

If (Debug) then print(File(LogFile), "");
If (Debug) then print(File(LogFile), "---------------------- ", NumToStr(CurrentBar,0), " [", ELDateToString(Date), ", ", ELTimeToString(Time), "] -----------------------------");
if (Debug) then Print(File(LogFile), "MP=", MarketPosition);


produces the following log:

Code: Select all

---------------------- 1 [11/02/2006, 12:45] -----------------------------
MP=235861508.00

---------------------- 2 [11/02/2006, 12:50] -----------------------------
MP=235861508.00

---------------------- 3 [11/02/2006, 12:55] -----------------------------
MP=235861508.00


Until later when the first trade has been entered and MarketPosition is "corrected"

Code: Select all

---------------------- 12 [11/02/2006, 13:40] -----------------------------
MP=-1.00


Naturally, MarketPosition should only return -1,0 or 1 as the documentation shows:
MarketPosition (Reserved Word)


Returns a numeric value for a short or long position for the specified position.

MarketPosition(Num)

Where Num is a numeric expression representing the number of positions ago.

Remarks
-1 is returned for a short position, and 1 is returned for a long position. 0 is returned if the current position is specified, and you are not currently in the market.

This function can only be used in the evaluation of strategies.

Example
MarketPosition(0) returns a value of 0 if the current position is flat.

User avatar
Alex Kramer
Posts: 834
Joined: 23 Feb 2006

Postby Alex Kramer » 22 Nov 2006

Thanks for your attention. This is a known issue, will be fixed in the next version.


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