MaxContracts Checked

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

Usage

MaxContracts_Checked(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

  1. This function can only be used in signals.
  2. If PosBack value is greater that the real number of previously opened positions, MaxContracts_Checked will generate an error.

Example

MaxContracts_Checked
will return a value of 0 if the current position is flat
MaxContracts_Checked (1)
will return a value of 10 if the most recently closed position was long or short a maximum of 10 contracts