Portfolio MaxOpenPositionPotentialLoss: Difference between revisions

Latest revision as of 12:26, 23 March 2017

Returns a value indicating the combined potential loss (not including margin, commission or slippage) for the traded symbol's open position within the portfolio.

Usage

SetStopPosition; 

SetStopLoss(Portfolio_MaxOpenPositionPotentialLoss);

Notes

This function can only be used in signals intended to be used with the Portfolio Trader.
The value is returned in the currency specified in Portfolio Trader: Portfolio Settings -> Base Currency.
Use Portfolio SetMaxPotentialLossPerContract to set the maximum potential for a given symbol, and Portfolio CalcMaxPotentialLossForEntry to calculate the maximum potential loss for a specified entry.

Example

value1 = Portfolio_MaxOpenPositionPotentialLoss; 

if value1 <> 0 then begin 

SetStopPosition; 

SetStopLoss (value1); 

end;

Portfolio_MaxOpenPositionPotentialLoss

Will return a value of 0 if there are currently no open positions within a portfolio,
Will return a value of 100 if the combined potential loss for all open positions within a portfolio is ¤100 since the positions were entered.

@@ Line 1: / Line 1: @@
-Returns a dollar value indicating the combined potential loss (not including margin, commision or slippage) for the traded symbols' open position within the portfolio.
+Returns a value indicating the combined potential loss (not including margin, commission or slippage) for the traded symbol's open position within the portfolio.
-==== Usage ====
+== Usage ==
 <syntaxhighlight>SetStopPosition;
 SetStopLoss(Portfolio_MaxOpenPositionPotentialLoss);</syntaxhighlight>
-==== Notes ====
+== Notes ==
-This function can only be used in signals intended to be used with the Portfolio Backtester.
+* This function can only be used in signals intended to be used with the Portfolio Trader.
+* The value is returned in the currency specified in Portfolio Trader: '''Portfolio Settings -> Base Currency.'''
+* Use [[Portfolio SetMaxPotentialLossPerContract]] to set the maximum potential for a given symbol, and [[Portfolio CalcMaxPotentialLossForEntry]] to calculate the maximum potential loss for a specified entry.
-==== Example ====
+== Example ==
 <syntaxhighlight>value1 = Portfolio_MaxOpenPositionPotentialLoss;
@@ Line 18: / Line 20: @@
 SetStopLoss (value1);
-end;
+end; </syntaxhighlight>
+<syntaxhighlight>Portfolio_MaxOpenPositionPotentialLoss</syntaxhighlight>
+* Will return a value of 0 if there are currently no open positions within a portfolio,
+* Will return a value of 100 if the combined potential loss for all open positions within a portfolio is ¤100 since the positions were entered.
-Portfolio_MaxOpenPositionPotentialLoss will return a value of 0 if there are currently no open
-positions within a portfolio.
-Portfolio_MaxOpenPositionPotentialLoss will return a value of 100 if the combined potential loss for
-all open positions within a portfolio is $100 since the positions were entered.</syntaxhighlight>
 [[Category:Portfolio Strategy Position]]