Stop loss strategy in chart trading

Questions about MultiCharts and user contributed studies.
my2108
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Stop loss strategy in chart trading

Postby my2108 » 21 Nov 2018

HI,
I am a bit confused by the stop loss strategy settings under chart trading panel.
When i click on the "Stop loss strategy" icon, ->Edit, it shows a dialog box that says:

Amount of Loss : Price || Offset.

However, I wonder if the value with the price should indicate the amount of $$ or the price of the instrument for cutting loss?

I looked at the wiki page but apparently the wiki was referring to the older version of the software.
https://www.multicharts.com/trading-sof ... /Stop_Loss

Hope someone can help.

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Henry MultiСharts
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Re: Stop loss strategy in chart trading

Postby Henry MultiСharts » 21 Nov 2018

Hi,

it is the price of the instrument on the chart, not the money value.

my2108
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Re: Stop loss strategy in chart trading

Postby my2108 » 27 Nov 2018

Then why would the field named as "Amount of Loss" ? Shouldnt it be named as "Cut Loss Price" instead?


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