Keyword Description
Category-related / Category-legal.
Class
Function
Where Legal
Resources |
Entry Logic |
Exit Logic |
Initial Size |
Resize (Pre-Category) |
Resize (Category-Level) |
|
|
|
l |
l |
l |
Syntax
TOTALCASH
Return Value
Returns dollar value of currently available cash which can be used for stock purchases.
Example
Sample code Initial Size
MEMORY[1] = TOTALCASH / SIZING[1]
'sizing[1] holds yesterday's closing price. TOTALCASH=investable cash available
MEMORY[2] = 200 / SIZING[1]
'buy $200 worth of each stock
IF MEMORY[1] < MEMORY[2] THEN NEWSHARES = MEMORY[1] ELSE NEWSHARES = MEMORY[2]
'Are we running low on cash? Don't exceed investable cash available
|
When INCLUDETODAY = TRUE position sizes will be automatically adjusted downward if upon trade entry or resize the position size requested would have created a negative cash balance. If INCLUDETODAY is not set to True Mechanica does not adjust position sizes to respect TOTALCASH. In that case if a violation occurs the PSR will display Cash Call amounts. Cash calls will be noted in Open Positions of PSR detail on the days that they occur. |
