# PositionProfit Checked

From MultiCharts

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

## Usage

`PositionProfit_Checked(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.
- If PosBack value is greater that the real number of previously opened positions,
**PositionProfit_Checked**will generate an error.

## Example

`PositionProfit_Checked`

will return a value of 0 if the current position is flat

`PositionProfit_Checked (0)`

will return a value of 5 if the value of the open position has increased by $5 since it was entered

`PositionProfit_Checked (1)`

will return a value of -5 if the most recently closed position has generated a loss of $5