MaxPositionProfit

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