Lower

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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 Lower

Where:

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;