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MaxPositionLoss

141 bytes added, 10:01, 9 February 2012
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Returns a negative numerical value, indicating the largest loss reached while the specified position was held.
==== Usage ====
<syntaxhighlight>MaxPositionLoss(PosBack)</syntaxhighlight>
Where: [[PosBack]] - a numerical expression, specifying the position:
:'''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. * Use [[MaxPositionProfit]] to get the largest gain reached for a specified position.
==== Example ====<syntaxhighlight>MaxPositionLoss will </syntaxhighlight>Will return a value of 0 if the value of the open position has not dropped below the entry price at any time while it was held .
<syntaxhighlight>MaxPositionLoss (1) will </syntaxhighlight>Will return a value of -10 if the most recently closed position has dropped invalue as much as $10 while it was held</syntaxhighlight> .
[[Category:Strategy Position]]

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