MaxPositionProfit: Difference between revisions
From MultiCharts
(Created page with "Returns a numerical value, indicating the largest gain reached while the specified position was held. ==== Usage ==== <syntaxhighlight>MaxPositionProfit(PosBack)</syntaxhig...") |
|||
| Line 18: | Line 18: | ||
==== Example ==== | ==== Example ==== | ||
<syntaxhighlight>MaxPositionProfit will return a value of 0 if the value of the open position has not increased at any time while it was held | <syntaxhighlight>MaxPositionProfit will return a value of 0 if the value of the open position has not increased at | ||
any time while it was held | |||
MaxPositionProfit (1) will return a value of 10 if the most recently closed position has gained in value as much as $10 while it was held</syntaxhighlight> | MaxPositionProfit (1) will return a value of 10 if the most recently closed position has gained in | ||
value as much as $10 while it was held</syntaxhighlight> | |||
[[Category:Strategy Position]] | [[Category:Strategy Position]] | ||
Revision as of 11:52, 27 January 2012
Returns a numerical value, indicating the largest gain reached while the specified position was held.
Usage
MaxPositionProfit(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
MaxPositionProfit will return a value of 0 if the value of the open position has not increased at
any time while it was held
MaxPositionProfit (1) will return a value of 10 if the most recently closed position has gained in
value as much as $10 while it was held