Portfolio MaxOpenPositionPotentialLoss

Returns a dollar value indicating the combined potential loss (not including margin, commision or slippage) for the traded symbols' 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 Backtester.
• 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.