previous position pips gained or lost

Viewing 7 posts - 1 through 7 (of 7 total)

Author

Posts
06/29/2017 at 12:21 PM #39380 quote

verygrubby
Participant

Master

Hello all,

I know about POSITIONPERF, which gives the % performance of the Nth last position, but is there a way of telling how many pips the previous position gained/lost?

There is TRADEPRICE, which I think is the opening of the previous order, but I want to know the realised result in pips too…

Thanks,

Geoff

06/29/2017 at 12:30 PM #39389 quote
GraHal
Participant

Master
Below or something similar? 🙂
```
Abs(Tradeprice[0]-Tradeprice[1])*pipsize
```
06/29/2017 at 5:01 PM #39427 quote

verygrubby
Participant

Master

…ah, I thought TRADEPRICE was just the opening level of a position… so TRADEPRICE can be opening or closing?

so your suggestion would be the last closing – the last opening?

06/29/2017 at 7:57 PM #39439 quote
GraHal
Participant

Master
No you are correct … I wasn’t thinking straight! 🙂
```
Abs(Open[1]-Close[1])*pipsize
```
06/30/2017 at 7:38 AM #39448 quote

verygrubby
Participant

Master

…and that will give the open & close of the previous bars… not the previous executed position…?

tricky isn’t it!

06/30/2017 at 8:54 AM #39460 quote
GraHal
Participant

Master
I think you know the answer really! 🙂

‘Reverse engineer’ Positionperf to get points change of the last trade and then multiply by pipsize for that instrument.

I was getting the formula for Positionperf and my PRT has frozen on that screen. 🙁 But anyway it is here … gain/cost.

https://www.prorealcode.com/documentation/positionperf/

Does this work?
```
PipsLastPos = (Positionperf[1]*TradePrice[1]/Gain)*pipsize
```
06/30/2017 at 9:13 AM #39464 quote

GraHal
Participant

Master

Nearly … you’d need to multiply TradePrice by Contract value to get Cost.

Example for a price at 1.2400

1

PipsLastPos = (0.1*(1.2400*10000)/20)*1

More later maybe, brain is hurting 🙂 and my granddaughter wants to watch Peppa Pig! 🙂 🙂
Author

Posts