Trade System Functions

Most trade system functions allow you to specify which trades should be included in calculation, as a trade system may have multiple trades. Possible values are:

      All Trades =  total of the corresponding values of all trade system’s trades

      Long Trades =  total of the corresponding values for trades that are set to Use as Long

      Short Trades =  total of the corresponding values for trades that are set to Use as Short

      This Trade Only = this specific trade only

      Specific trade name = a specific trade, identified by name

 

For example, consider a trade system that has 6 trades with these open position entry sizes:

Trade Name

Use As

OpenPositionEntrySize(@, ThisTradeOnly)

L1

Long

3

L2

Long

6

L3

Long

7

S1

Short

-4

S2

Short

-9

S3

Short

-5

 

OpenPositionEntrySize(@, All Trades) = 3 + 6 + 7 - 4 - 9 - 5 = -2

OpenPositionEntrySize(@, Long) = 3 + 6 + 7 = 16

OpenPositionEntrySize(@, Short) = -4 - 9 - 5 = -18

 

Trade System functions are listed in the Formula Toolbox when the Trade System Formula Builder window is active: