MarketPosition

Returns a numerical value, indicating the type of the specified position.

A value of 1 indicates a long position, -1 indicates a short position, and 0 is returned only if the current position is specified and indicates that the current position is flat.

Usage

MarketPosition(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 keyword can only be used in signals. Use i_MarketPosition in indicators.
• To get the position size, use CurrentContracts or its equivalent CurrentShares.

Example

MarketPosition(0)

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

MarketPosition(1)

Will return a value of -1 if the most recently closed position was a short position.