Difference between revisions of "PositionProfit"

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Returns a numerical value, indicating the profit or loss for the specified position.  
 
Returns a numerical value, indicating the profit or loss for the specified position.  
 
   
 
   
==== Usage ====
+
== Usage ==
 
<syntaxhighlight>PositionProfit(PosBack)</syntaxhighlight>  
 
<syntaxhighlight>PositionProfit(PosBack)</syntaxhighlight>  
  
Where: [[PosBack]] - a numerical expression, specifying the position:  
+
Where:  
  
0 - open position;  
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:'''PosBack - a numerical expression, specifying the position:
 +
 
 +
::'''0''' - open position;  
 
                
 
                
1 - one position back (the last position closed);  
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::'''1''' - one position back (the last position closed);  
 
                
 
                
2 - two positions back, etc.  
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::'''2''' - two positions back, etc.  
  
If [[PosBack]] is not specified, a value for the open position will be returned.  
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If '''PosBack''' is not specified, a value for the open position will be returned.  
 
   
 
   
==== Notes ====  
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== Notes ==
This function can only be used in signals.  
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* This function can only be used in signals.  
 
   
 
   
==== Example ====
+
== Example ==
<syntaxhighlight>PositionProfit will return a value of 0 if the current position is flat  
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<syntaxhighlight>PositionProfit</syntaxhighlight>
 +
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
+
<syntaxhighlight>PositionProfit(0)</syntaxhighlight>
since it was entered  
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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  
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<syntaxhighlight>PositionProfit(1)</syntaxhighlight>
a loss of $5</syntaxhighlight>
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Will return a value of -5 if the most recently closed position has generated a loss of $5.
 
   
 
   
 
[[Category:Strategy Position]]
 
[[Category:Strategy Position]]

Revision as of 09:56, 9 February 2012

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.