Analysis Techniques & Strategies

FX Roll Acct Value (Indicator)

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Input Information

Name Expression Default Description
ProfOrLossConvFactor Numeric ProfitCF Sets the conversion factor for either a profit or loss. Use ProfitCF is your position has a profit and LossCF if it has a loss.
Lots Numeric 1 Sets the number of lots in the position.
LotSize Numreic 100000 Sets the number of units in each lot for this position.

Market Synopsis

Plots the one day effect (account value) of forex roll rates, based on user input profit or loss conversion factor, number of forex lots, and forex lot size.  Note: This indicator uses yesterday's roll rates until the evening (US time), when roll rates are updated on the TradeStation data network.

Debits are plotted as negative numbers.  Credits are plotted as positive numbers.

Roll rates are used to adjust forex positions that are held overnight (past 9:00 PM GMT).  The credit or debit amount is applied every day to adjust a position's cost basis.  The effect of holding overnight accumulates every night that the position is held.  The overall effect of rolling can be determined by summing the roll rate adjustments beginning on the day after entry up to, but not including, the roll rate of the day of exit.

For use with forex symbols only.  With charts it is valid only with daily bar intervals.  With RadarScreen it can be applied to any symbols bar interval.

Plot Information

Number Name Default Color Description
Plot1 LngPosnVal    
Plot2 ShtPosnVal    
Plot3 ZeroLine White Plots the zero reference line.