PositionProfit Checked

From MultiCharts
Jump to: navigation, search

Returns a numerical value, indicating the profit or loss for the specified position.

Usage

PositionProfit_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, PositionProfit_Checked will generate an error.

Example

PositionProfit_Checked
will return a value of 0 if the current position is flat
PositionProfit_Checked (0)
will return a value of 5 if the value of the open position has increased by $5 since it was entered
PositionProfit_Checked (1)
will return a value of -5 if the most recently closed position has generated a loss of $5