Dollar investment limit in long positions for a strategy or group of strategies
Input
Any formula specifying a dollar amount
Notes
MaxLongInv is one of the Capacity Constraints formulas used in the setup selection process.
A long setup is only selected if its position size plus those of other long setups selected so far plus current S.LongInv of open positions would not exceed the dollar value expressed as MaxLongInv.
If a setup cannot be selected due to this constraint and the strategy specifies Reduce: True, then the position's Quantity will be reduced to allow the position to be ordered for entry at smaller size if possible.
Setups skipped for this reason display "max long inv" in the Reason column of the Trade List, provided that the KeepTrades setting included Skipped.
If MaxLongInv is not specified then there is no limit placed on long dollar investment level, though there might still be a long investment limit if the strategy specifies MaxLongExp.
Note that opening gaps beyond a specified order price may cause actual long investment to exceed the specified cap in some situations -- think of this constraint as "maximum intended long investment".
