MaxContracts

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Returns an absolute numerical value, indicating the maximum number of contracts held during the specified position.

Usage

MaxContracts(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

  • This function can only be used in signals.

Example

MaxContracts

Will return a value of 0 if the current position is flat.

MaxContracts(1)

Will return a value of 10 if the most recently closed position was long or short a maximum of 10 contracts.