ICE Data Services -

Strategy.isInTrade() Back Testing Functions

isInTrade() is a method of the Strategy Object that returns a Boolean (true/false) value to indicate that the strategy is currently holding either a long or short position.  The Strategy Object is for back testing purposes only and is not intended for real time trading.



Strategy .isInTrade( )



Return Value(s)

Boolean (true/false)



Strategy.isInTrade() returns true if a long or short position is currently being held.  This method is a logic function used to control back testing logic within conditional statements.  For example, a user may want to check to see if the strategy is currently in a position before evaluating exit conditions.  Alternatively, a user may want to check to see that the strategy is not in a position before evaluating new entry conditions. 

Code Examples

function main()  {
	if (Strategy.isInTrade() == true) {
	    // Evaluate exit conditions		
	    if (/* Your Exit Condition */) {
	        // or			
	else if (Strategy.isInTrade() == false) {
	    // Evaluate new Entry conditions		
	    if (/* Your Entry Condition */) {
	        // or			

See Also

Back Testing Functions
EFS Library:  Back Testing
Strategy Analyzer
eSignal Bulletin Board Search Engine
Help Guides and Tutorials