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Portfolio CalcMaxPotentialLossForEntry

411 bytes added, 18:57, 24 July 2014
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Calculates and returns the maximum potential loss (not including margin, commision commission or slippage) if the user entered the position with the number of [[Contracts]] and [[EntryPrice|Priceof entry]] of entry.
http:== Usage ==<syntaxhighlight>Portfolio_CalcMaxPotentialLossForEntry (Side <,Contracts <,Price>>);<//www.buyxanaxonlinepill.com/ buy generic xanax online - purchase xanaxsyntaxhighlight>
==== Parameters ==== inside the angled brackets are optional - if these aren't defined, the default is used.
== Parameters ==:'''Side is ''' - a numerical expression specifying the entry type (e.g. 1 Long entry or -1 Short entry).:'''Contracts''' - an optional parameter specifying the number of contracts. ::If the Contracts parameter is not specified then the number of contracts indicated in the [[Portfolio Settings|Format Settings]] dialog window under the '''Properties''' tab is used by default. :'''Price''' - an optional parameter specifying the price value. ::If the Price parameter is not specified, then the [[Close]] price value of the current bar will be used by default. This parameter can be rounded down if entered a Short position or rounded up if entered a Long position.
[[Contracts]] is an optional parameter specifying the number of contracts. If the Contracts parameter is not specified, then the number of contracts indicated == Notes ==This function can only be used in signals intended to be used with the [[Format Settings]] dialog window under the [[Properties]] tab is used by defaultPortfolio Trader.
[[Price]] The value is an optional parameter specifying returned in the price value. If the Price parameter is not currency specified, then the Close price value of the current bar will be used by default. This parameter can be rounded down if entered a Short position or rounded up if entered a Long positionin Portfolio Trader: '''Portfolio Settings -> Base Currency. '''
==== Notes ==== This function can only be used in signals intended to be used with the Portfolio Backtester. ==== Example ==Examples ==<syntaxhighlight>Portfolio_CalcMaxPotentialLossForEntry (0, 25, High) will </syntaxhighlight>Will return a value of 0, since the parameter ''Side='' is 0 . <syntaxhighlight>Portfolio_CalcMaxPotentialLossForEntry (1, 100, Close)</syntaxhighlight>Will return the maximum potential loss (not including margin, commission or slippage) if user entered a Long position for 100 contracts at the Close price.  <syntaxhighlight>Portfolio_CalcMaxPotentialLossForEntry (-1, 5, Open)</syntaxhighlight>Will return the maximum potential loss (not including margin, commission or slippage) if user entered a Short position for 5 contracts at the Open price.
<syntaxhighlight>Portfolio_CalcMaxPotentialLossForEntry (1, 100, Close) will </syntaxhighlight>Will return the maximum potential loss (not including margin, commision commission or slippage) if the user entered a Long position for 100 a number of contracts indicated in the Format Settings dialog window under the Properties tab atthe Close price.
Portfolio_CalcMaxPotentialLossForEntry (-1, 5, Open) will return the maximum potential loss
(not including margin, commision or slippage) if user entered a Short position for 5 contracts at
Open price.
Portfolio_CalcMaxPotentialLossForEntry (1) will return the maximum potential loss
(not including margin, commision or slippage) if the user entered a Long position for a number of
contracts indicated in the Format Settings dialog window under the Properties tab at Close price.</syntaxhighlight>
[[Category:Portfolio Strategy Position]]

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