BarsSinceEntry checked

Returns a numerical value, indicating the number of bars since the initial entry into the specified position.

Usage

BarsSinceEntry_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, BarsSinceEntry_Checked will generate an error.

Example

Assign a value, indicating the number of bars since the current position has been entered, to Value1 variable:

Value1= BarsSinceEntry_Checked;

Assign a value, indicating the number of bars since the most recently closed position has been entered, to Value1 variable:

Value1= BarsSinceEntry_Checked (1);