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Portfolio CalcMaxPotentialLossForEntry

214 bytes added, 14:30, 19 February 2012
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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.
==== Usage ====
<syntaxhighlight>Portfolio_CalcMaxPotentialLossForEntry (Side <,Contracts <,Price>>);</syntaxhighlight>
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]] is ''' - an optional parameter specifying the number of contracts. ::If the Contracts parameter is not specified, then the number of contracts indicated in the [['''Format Settings]] ''' dialog window under the [['''Properties]] ''' tab is used by default.  [[:'''Price]] is ''' - 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.
==== Notes ==== * This function can only be used in signals intended to be used with the [[:Category:Portfolio_Backtesting|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) will </syntaxhighlight>Will return the maximum potential loss (not including margin, commision or slippage) if user entered a Long position for 100 contracts at
the Close price.
<syntaxhighlight>Portfolio_CalcMaxPotentialLossForEntry (-1, 5, Open) will </syntaxhighlight>Will return the maximum potential loss (not including margin, commision or slippage) if user entered a Short position for 5 contracts at
Open price.
<syntaxhighlight>Portfolio_CalcMaxPotentialLossForEntry (1) will </syntaxhighlight>Will return the maximum potential loss (not including margin, commision or slippage) if the user entered a Long position for a number ofcontracts indicated in the Format Settings dialog window under the Properties tab at Close price.</syntaxhighlight> 
[[Category:Portfolio Strategy Position]]

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