Difference between revisions of "PosTradeExitCategory"

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(Created page with "Returns an absolute numerical value, indicating trade exit order category. The following types are possible: 1 = Stop order (buy next bar at close - 1 point stop) 2 =...")
 
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The following types are possible:  
 
The following types are possible:  
  
  1 = Stop order (buy next bar at close - 1 point stop)  
+
1 = Stop order (buy next bar at close - 1 point stop)  
   2 = Limit order (buy next bar at close + 1 point limit)  
+
    
   3 = Market order (buy next bar market)  
+
2 = Limit order (buy next bar at close + 1 point limit)  
   4 = Market at Close order (buy this bar at close)  
+
    
   5 = Market at Open order (buy next bar open)  
+
3 = Market order (buy next bar market)  
   8 = StopLimit order (buy 1 contracts next bar at close - 2 point stop close + 2 point limit)  
+
    
 +
4 = Market at Close order (buy this bar at close)  
 +
    
 +
5 = Market at Open order (buy next bar open)  
 +
    
 +
8 = StopLimit order (buy 1 contracts next bar at close - 2 point stop close + 2 point limit)  
 
   
 
   
 
==== Usage ====
 
==== Usage ====

Revision as of 12:57, 27 January 2012

Returns an absolute numerical value, indicating trade exit order category.

The following types are possible:

1 = Stop order (buy next bar at close - 1 point stop)

2 = Limit order (buy next bar at close + 1 point limit)

3 = Market order (buy next bar market)

4 = Market at Close order (buy this bar at close)

5 = Market at Open order (buy next bar open)

8 = StopLimit order (buy 1 contracts next bar at close - 2 point stop close + 2 point limit)

Usage

PosTradeExitCategory(PosAgo,TradeNumber)

Where: PosAgo - a numerical expression, specifying the position:

0 - open position;

1 - one position back (the last position closed);

2 - two positions back, etc.

TradeNumber - a numerical expression, specifying the number of trade (zero-based).

Notes

This function can only be used in signals.

To retrieve the total number of trades in specified position use PosTradeCount

Example

PosTradeExitCategory(0,1) will return a value of 3 for the second trade of the open position, 
if the closing order type was Market Order.