I MarketPosition
From MultiCharts
Returns a numerical value, indicating the type of the specified position.
A value of 1 indicates the current bar has a long position, -1 indicates the current bar has a short position, and 0 is returned only if the current bar has a flat position.
Usage
i_MarketPosition
Notes
- This function can only be used in studies (indicators). Use the regular MarketPosition in signals.
Example
i_MarketPosition
- Will return a value of 0 if the position on the current bar is flat,
- Will return a value of 1 if the position on the current bar is long,
- Will return a value of -1 if the position on the current bar is short.