PositionProfit

Returns a numerical value, indicating the profit or loss for the specified position.

Usage

PositionProfit(PosBack)

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.

Notes

This function can only be used in signals.

Example

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