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Created page with "Returns a numerical value, indicating the profit or loss for the specified position. ==== Usage ==== <syntaxhighlight>PositionProfit(PosBack)</syntaxhighlight> Where: [[P..."
Returns a numerical value, indicating the profit or loss for the specified position.
==== Usage ====
<syntaxhighlight>PositionProfit(PosBack)</syntaxhighlight>
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
[[Category:Strategy Position]]
==== Usage ====
<syntaxhighlight>PositionProfit(PosBack)</syntaxhighlight>
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
[[Category:Strategy Position]]
