Total

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Used in strategy exit statements, following a numerical expression and the words Shares or Contracts, to indicate that only the number of contracts or shares specified by the numerical expression is to be sold or covered in total, regardless of the number of open entries.

The contracts or shares will be sold or covered in the same order they were bought or shorted: First In, First Out.

If the word Total is not used, the number of contracts or shares specified by the numerical expression will be sold or covered for each one of the open entries.

Usage

TradeSize Shares Total

Where:

TradeSize - a numerical expression, specifying the number of shares or contracts.

Example

Sell a total of 2 contracts, regardless of the number of open long entries, at Market price on open of next bar:

Sell 2 Contracts Total Next Bar At Market;