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PositionProfit: Difference between revisions

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Returns a numerical value, indicating the profit or loss for the specified position.  
Returns a numerical value, indicating the profit or loss for the specified position.  
   
   
==== Usage ====
== Usage ==
<syntaxhighlight>PositionProfit(PosBack)</syntaxhighlight>  
<syntaxhighlight>PositionProfit(PosBack)</syntaxhighlight>  


Where: [[PosBack]] - a numerical expression, specifying the position:  
Where:  


0 - open position;  
:'''PosBack - a numerical expression, specifying the position:
 
::'''0''' - open position;  
                
                
1 - one position back (the last position closed);  
::'''1''' - one position back (the last position closed);  
                
                
2 - two positions back, etc.  
::'''2''' - two positions back, etc.  


If [[PosBack]] is not specified, a value for the open position will be returned.  
If '''PosBack''' is not specified, a value for the open position will be returned.  
   
   
==== Notes ====  
== Notes ==
This function can only be used in signals.  
* This function can only be used in signals.  
   
   
==== Example ====
== Example ==
<syntaxhighlight>PositionProfit will return a value of 0 if the current position is flat  
<syntaxhighlight>PositionProfit</syntaxhighlight>
Will return a value of 0 if the current position is flat.


PositionProfit (0) will return a value of 5 if the value of the open position has increased by $5
<syntaxhighlight>PositionProfit(0)</syntaxhighlight>
since it was entered  
Will return a value of 5 if the value of the open position has increased by $5 since it was entered.


PositionProfit (1) will return a value of -5 if the most recently closed position has generated  
<syntaxhighlight>PositionProfit(1)</syntaxhighlight>
a loss of $5</syntaxhighlight>
Will return a value of -5 if the most recently closed position has generated a loss of $5.
   
   
[[Category:Strategy Position]]
[[Category:Strategy Position]]

Revision as of 09:56, 9 February 2012

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

Usage

PositionProfit(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

PositionProfit

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

PositionProfit(0)

Will return a value of 5 if the value of the open position has increased by $5 since it was entered.

PositionProfit(1)

Will return a value of -5 if the most recently closed position has generated a loss of $5.