Hello, could someone help me, how to write code for MaxOpenPosition based on Equity?
See the following code:
SetOption("initialequity",5000);
SetOption("CommissionMode",2);
SetOption("CommissionAmount",2);
//MaxPositions = 5;
PEquity =Foreign ("~~~EQUITY","C");
MaxPositions = round(PEquity/1000);
SetOption("MaxOpenPositions", MaxPositions );
PositionSize = -15; // invest 25% of equity in single security
RoundLotSize = 1; // No fractional shares
// trade on next day open
SetTradeDelays( 1, 1, 1, 1 );
BuyPrice = Open * 1.001; // * 1.001 = slippage;
SetBacktestMode( backtestRotational );
// PositionScore
PositionScore = 100 - RSI (14);
Filter = 1;
AddColumn( PositionSize, "PositionSize", 1.2, colorDefault, colorDefault) ;
AddColumn( MaxPositions, "MaxPositions", 1.2, colorDefault, colorDefault) ;
AddColumn( PEquity, "PEquity", 1.2, colorDefault, colorDefault) ;
"Foreign ("~~~EQUITY","C") " is wrong becouse call an ARRAY but NUMBER is expected. How can I write "EQUITY" with call a NUMBER?
Thank you.