×

Sign up and get MultiCharts free

Use its powerful simulation mode with data included out of the box. Just fill out the form and start honing your trading skills with a few clicks.

MaxContracts - MultiCharts
Open main menu

MaxContracts

Revision as of 11:44, 27 January 2012 by 194.84.116.138 (talk) (Created page with "Returns an absolute numerical value, indicating the maximum number of contracts held during the specified position. ==== Usage ==== <syntaxhighlight>MaxContracts(PosBack)</...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Returns an absolute numerical value, indicating the maximum number of contracts held during the specified position.

Usage

MaxContracts(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

MaxContracts  will return a value of 0 if the current position is flat 

MaxContracts (1)  will return a value of 10 if the most recently closed position was long or short a maximum of 10 contracts