Open Trade Equity (OTE)

The OTE study is one of a several trading studies.

It has a single output representing OTE of the open position. For options, output represents MVO.

Currency is determined by contract and account:

      For a specific contract, the currency of the contract is used.

      For a specific account and all contracts, the reporting currency of the specified account is used. If it is not specified, USD is used.

      For all accounts and all contracts, USD is used.

Open Trade Equity Parameters

Parameter

Description

Display

Opens sub-window to set parameters

      Color = Line color.

      Weight = Line thickness.

      Display = Line style: line or histogram.

MarkIt

Opens Specify Conditions window.

Account Filter

Values:

      Specific account (listed individually)

      All Accounts

      Selected Accounts = If there is an account associated with the chart, then that account is used. If there is no account associated with the chart, then no study values are returned.

Once this parameter is set, if you select a different account on the chart, then the newly selected account is automatically applied.

Instrument Filter

Values:

      Current Instrument

      All Instruments (not applicable for spreads)