Previous Position of Signal [PrevPos]

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The Previous Position of Signal function determines the position that an entry/exit signal would have been in if it were being traded a given number of bars ago. Parameters ------------------ Signal         The entry/exit signal to evaluate. Period          The number of bars of data to include in the calculation, not including the current day.                     For example, a period of 3 returns the position from three bars ago. The signal parameter does not need to be formatted to be displayed as a signal to be used in this function. Function Value ------------------------ This function returns the position that an entry/exit signal would have been in if it were being traded a given number of bars ago. Specifically it is a lagged version of Current Position of Signal. See that function for more information. Enter Long:    Long in Market Enter Short:    Short in Market Exit Long:       Out of Market, Most Recently in Long Exit Short:       Out of Market, Most Recently in Short Hold:               Out of Market, No Entry Encountered