Difference between revisions of "PositionProfit"
(Created page with "Returns a numerical value, indicating the profit or loss for the specified position. ==== Usage ==== <syntaxhighlight>PositionProfit(PosBack)</syntaxhighlight> Where: [[P...")
Revision as of 11:56, 27 January 2012
Returns a numerical value, indicating the profit or loss for the specified position.
Where: PosBack - a numerical expression, specifying the position:
0 - open position;
1 - one position back (the last position closed);
2 - two positions back, etc.
If PosBack is not specified, a value for the open position will be returned.
This function can only be used in signals.
PositionProfit will return a value of 0 if the current position is flat
PositionProfit (0) will return a value of 5 if the value of the open position has increased by $5 since it was entered
PositionProfit (1) will return a value of -5 if the most recently closed position has generated a loss of $5