Difference between revisions of "MaxPositionProfit"

From MultiCharts
Jump to navigation Jump to search
(Created page with "Returns a numerical value, indicating the largest gain reached while the specified position was held. ==== Usage ==== <syntaxhighlight>MaxPositionProfit(PosBack)</syntaxhig...")
 
Line 18: Line 18:
 
   
 
   
 
==== Example ====
 
==== Example ====
<syntaxhighlight>MaxPositionProfit  will return a value of 0 if the value of the open position has not increased at any time while it was held  
+
<syntaxhighlight>MaxPositionProfit  will return a value of 0 if the value of the open position has not increased at  
 +
any time while it was held  
  
MaxPositionProfit (1)  will return a value of 10 if the most recently closed position has gained in value as much as $10 while it was held</syntaxhighlight>  
+
MaxPositionProfit (1)  will return a value of 10 if the most recently closed position has gained in
 +
value as much as $10 while it was held</syntaxhighlight>  
 
   
 
   
  
  
 
[[Category:Strategy Position]]
 
[[Category:Strategy Position]]

Revision as of 11:52, 27 January 2012

Returns a numerical value, indicating the largest gain reached while the specified position was held.

Usage

MaxPositionProfit(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

MaxPositionProfit  will return a value of 0 if the value of the open position has not increased at 
any time while it was held 

MaxPositionProfit (1)  will return a value of 10 if the most recently closed position has gained in
value as much as $10 while it was held