MaxContracts Checked
From MultiCharts
Returns an absolute numerical value, indicating the maximum number of contracts held during the specified position.
Usage
MaxContracts_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
- This function can only be used in signals.
- If PosBack value is greater that the real number of previously opened positions, MaxContracts_Checked will generate an error.
Example
MaxContracts_Checked
will return a value of 0 if the current position is flat
MaxContracts_Checked (1)
will return a value of 10 if the most recently closed position was long or short a maximum of 10 contracts