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PositionProfit: Difference between revisions

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Where:  
Where:  


:'''PosBack - a numerical expression, specifying the position:  
:'''PosBack''' - a numerical expression, specifying the position:  


::'''0''' - open position;  
::'''0''' - open position;  
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::'''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.  

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.