Market position - Trading Software

Market position

Bentley
2015-11-14 04:55:31

Hi there,
Is there some code that does this:
MarketPosition is stored into the variable MP in order to allow references on a bar-by-bar basis. MarketPosition
will return 1 for a Long position, -1 for a Short position and 0 for no position. When used alone the reserved
word returns the current position and when using a parameter ( ex. MarketPosition(n) ) will return the position n
number of bars ago.

Thanks

QuantShare
2015-11-16 03:05:44

This cannot be done in the QS language since the trading system formula is just used to get signals. Backtesting is done later and you can use the money management script to implement any logic you want.

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