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StpOrLim Exit

From MultiCharts
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_StpOrLim Exit places a Long or Short Exit order (Stop or Limit) for a number of shares specified in ExitQuantity input and at a price point specified in TriggerPrice input.

This signal may be used to partially exit a position.

Default Inputs

SellOrCover (1) - the type of the exit (1 - Sell, 2 - Buy to Cover).

StopOrLimit (1) - the type of the order ( 1 - Stop, 2 - Limit)

TriggerPrice (100) - the price at which Stop or Limit order is set.

ExitQuantity (1000) - number of shares to exit the position.