Abbreviation: OpenPositionProfitLong
Category: Trading Strategy: System Information
Input Parameters:
| Name | Range | Default |
| Trading Strategy | ||
Calculation:
(price – entry price) * shares traded
Note that the entry price incorporates any specified slippage and/or point value.
Discussion:
Computes the current open long position profit. When graphed, provides a useful means of analyzing, troubleshooting and improving a trading strategy.