Portfolio MaxOpenPositionPotentialLoss
From MultiCharts
Returns a value indicating the combined potential loss (not including margin, commission or slippage) for the traded symbol's open position within the portfolio.
Usage
SetStopPosition;
SetStopLoss(Portfolio_MaxOpenPositionPotentialLoss);
Notes
- This function can only be used in signals intended to be used with the Portfolio Trader.
- The value is returned in the currency specified in Portfolio Trader: Portfolio Settings -> Base Currency.
- Use Portfolio SetMaxPotentialLossPerContract to set the maximum potential for a given symbol, and Portfolio CalcMaxPotentialLossForEntry to calculate the maximum potential loss for a specified entry.
Example
value1 = Portfolio_MaxOpenPositionPotentialLoss;
if value1 <> 0 then begin
SetStopPosition;
SetStopLoss (value1);
end;
Portfolio_MaxOpenPositionPotentialLoss
- Will return a value of 0 if there are currently no open positions within a portfolio,
- Will return a value of 100 if the combined potential loss for all open positions within a portfolio is ¤100 since the positions were entered.