Difference between revisions of "Portfolio MaxOpenPositionPotentialLoss"
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− | Returns a | + | Returns a value indicating the combined potential loss (not including margin, commision or slippage) for the traded symbol's open position within the portfolio. |
== Usage == | == Usage == | ||
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== Notes == | == Notes == | ||
− | * This function can only be used in signals intended to be used with the | + | * 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. | * 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. | ||
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<syntaxhighlight>Portfolio_MaxOpenPositionPotentialLoss</syntaxhighlight> | <syntaxhighlight>Portfolio_MaxOpenPositionPotentialLoss</syntaxhighlight> | ||
* Will return a value of 0 if there are currently no open positions within a portfolio, | * 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 | + | * 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. |
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[[Category:Portfolio Strategy Position]] | [[Category:Portfolio Strategy Position]] |
Revision as of 12:24, 25 July 2014
Returns a value indicating the combined potential loss (not including margin, commision 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.