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Used in strategy entry or exit statements to specify a price range for an entry or an exit. | Used in strategy entry or exit statements to specify a price range for an entry or an exit. | ||
Must be preceded by the word [[Or | |||
Must be preceded by the word [[Or]]. | |||
== Usage == | |||
<syntaxhighlight>At Price Or Lower</syntaxhighlight> | <syntaxhighlight>At Price Or Lower</syntaxhighlight> | ||
Where: | Where: | ||
:'''Price''' - a numerical expression, specifying the base Price. | |||
:'''At''' - a [[:Category:Skip Words|skip word]] and can be omitted. | |||
== Notes == | |||
* '''At Price Or Lower''' is an equivalent of a [[Limit]] when used with [[Buy]] or [[BuyToCover]] statements, and an equivalent of a [[Stop]] when used with [[Sell]] or [[SellShort]] statements. | |||
== Example == | |||
Buy within the next bar on the first tick with a price of 100 or less: | Buy within the next bar on the first tick with a price of 100 or less: | ||
Latest revision as of 16:02, 19 February 2012
Used in strategy entry or exit statements to specify a price range for an entry or an exit.
Must be preceded by the word Or.
Usage
At Price Or LowerWhere:
- Price - a numerical expression, specifying the base Price.
- At - a skip word and can be omitted.
Notes
- At Price Or Lower is an equivalent of a Limit when used with Buy or BuyToCover statements, and an equivalent of a Stop when used with Sell or SellShort statements.
Example
Buy within the next bar on the first tick with a price of 100 or less:
Buy Next Bar At 100 Or Lower;Sell short within the next bar on the first tick with a price of 50 or less:
SellShort Next Bar At 50 Or Lower;