Position Information#

 1
 2
 3
 4
 5
 6
 7
 8
 9
10
11
12
13

Inputs: fastLength(10), slowLength(20);
Variables: fastSMA(0), slowSMA(0);

fastSMA = Average(Close, fastLength);
slowSMA = Average(Close, slowLength);

// Open position
If MarketPosition = 0 and fastSMA crosses above slowSMA Then
  Buy ("Long Entry") next bar at market;

// Close position
If MarketPosition = 1 and fastSMA crosses below slowSMA Then
  Sell ("Exit Long") next bar at market;

1
2
3
4
5
6
7

// Close the position if the profit exceeds 500 points
If MarketPosition = 1 and (Close - EntryPrice) * BigPointValue > 500 Then
  Sell ("Profit Exit") next bar at market;

// Close the position if the loss exceeds 300 points
If MarketPosition = 1 and (EntryPrice - Close) * BigPointValue > 300 Then
  Sell ("Stop Loss") next bar at market;

 1
 2
 3
 4
 5
 6
 7
 8
 9
10
11
12
13
14
15
16
17
18
19
20
21

Variables: MP(0);

MP = MarketPosition * CurrentContracts;

If MP = 0 and MP[1] <> 0 Then Begin
  Value1 = Text_New(Date, Time, High, "");
  Text_SetString(Value1,
    "+$" + NumToStr(PositionProfit(1), 3) + NewLine
    + "EntryPrice: " + NumToStr(EntryPrice(1), 3) + NewLine
    + "ExitPrice: " + NumToStr(ExitPrice(1), 3) + NewLine
    + "PositionProfit: " + NumToStr(PositionProfit(1), 3) + NewLine
    + "OpenPositionProfit: " + NumToStr(OpenPositionProfit, 3)
  );
  Text_SetStyle(Value1, 2, 1);
  Text_SetColor(Value1, RGB(232, 232, 0));
  Text_SetFontName(Value1, "Showcard Gothic");
  Text_SetSize(Value1, 14);
  Text_SetAttribute(Value1, 1, true);
  Text_SetBorder(Value1, true);
  Text_SetLocation(Value1, Date, Time, High + 200);
End;

1
2
3

// Returns -9 if the strategy holds 9 short contracts
// Returns 4 if the strategy holds 4 long contracts
MarketPosition(0) * CurrentContracts;

1
2

// Returns the entry price of the second trade of the current position
PosTradeEntryPrice(0, 1);

1
2

// Returns the exit price of the second trade of the current position
PosTradeExitPrice(0, 1);

 1
 2
 3
 4
 5
 6
 7
 8
 9
10
11

// Get the profit or loss of the last closed position; returns -5 if the loss is $5
Value1 = PositionProfit(1);

// If the position is still open and has not been partially closed, returns 0
Value2 = PositionProfit(0);

// If the position has been partially closed with a realized profit of $5, returns 5
Value3 = PositionProfit(0);

// If there is no open position, returns 0
Value4 = PositionProfit(0);