Sell: Difference between revisions
From MultiCharts
→Types of exit
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There are four types of Exit: | There are four types of Exit: | ||
<syntaxhighlight>This Bar | === Exit this bar on close === | ||
<syntaxhighlight>This Bar On Close</syntaxhighlight> | |||
Where: - | Where: | ||
:'''On''' - a [[:Category:Skip Words|skip word]] that can be omitted. | |||
A Sell Arrow will be placed at the current bar's [[Close]] tick. | A Sell Arrow will be placed at the current bar's [[Close]] tick. | ||
<syntaxhighlight>Next Bar | === Exit at the open of the next bar === | ||
<syntaxhighlight>Next Bar At Open</syntaxhighlight> | |||
or | |||
<syntaxhighlight>Next Bar At Market</syntaxhighlight> | |||
Where: | Where: | ||
-[[ | :Words '''Market''' and '''Open''' are interchangeable. | ||
:'''At''' - a [[:Category:Skip Words|skip word]] that can be omitted. | |||
A Sell Arrow will be placed at the next bar's [[Open]] tick. | A Sell Arrow will be placed at the next bar's [[Open]] tick. | ||
<syntaxhighlight>Next Bar | === Exit next bar at limit === | ||
<syntaxhighlight>Next Bar At Price Limit</syntaxhighlight> | |||
Where: | |||
:'''Price''' - a numerical expression, specifying the [[Limit]] Price. | |||
:'''At''' - a [[:Category:Skip Words|skip word]] that can be omitted. | |||
A Sell Arrow will be placed on the next bar at the first tick with a price value greater than or equal to '''Price'''; if there are no such ticks within the next bar, the order will be cancelled. | |||
=== Exit next bar at stop === | |||
<syntaxhighlight>Next Bar At Price Stop</syntaxhighlight> | |||
Where: | |||
:'''Price''' - a numerical expression, specifying the [[Stop]] Price. | |||
:'''At''' - a [[:Category:Skip Words|skip word]] that can be omitted. | |||
A Sell Arrow will be placed on the next bar at the first tick with a price value equal to or less than the ''''Price'''; if there are no such ticks within the next bar, the order will be cancelled. | |||
== Examples == | == Examples == | ||
Completely exit all open long entries at Market price on close of this bar and label the exit "Complete Exit": | Completely exit all open long entries at Market price on close of this bar and label the exit "Complete Exit": |