Used in strategy entry or exit statements to specify a Stop price for an entry or an exit.
A Stop order will execute at the specified price or worse. A worse price is a higher price for Buy and Buy to cover orders, and a lower price for Sell and Sell short orders.
At Price Stop
- Price - a numerical expression, specifying the trigger stop price.
- At - a skip word and can be omitted
Sell within the next bar on the first tick with a price of 100 or less:
Sell Next Bar 100 Stop;
Cover within the next bar on the first tick with a price of 50 or more:
BuyToCover Next Bar At 50 Stop;