SetStopContract: Difference between revisions
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Forces the built-in strategy exit functions to be applied on per contract or share basis. | Forces the built-in strategy exit functions to be applied on per contract or share basis. | ||
The built-in strategy exit functions are: [[SetStopLoss]], [[SetProfitTarget]], [[SetBreakEven]], [[SetDollarTrailing]], and [[SetPercentTrailing]]. | |||
== Usage == | |||
<syntaxhighlight>SetStopContract</syntaxhighlight> | <syntaxhighlight>SetStopContract</syntaxhighlight> | ||
== Notes == | |||
If [[ | * If [[SetStopPosition]], '''SetStopContract''', and [[SetStopShare]] were not used, the exit functions will be applied on the entire position basis as a default. | ||
* If [[SetStopPosition]], '''SetStopContract''', and [[SetStopShare]] were used in multiple instances or in different signals applied to the same chart, the last instance will be controlling. | |||
[[ | |||
== Example == | |||
Force the SetStopLoss strategy exit function to be applied on per contract basis: | Force the SetStopLoss strategy exit function to be applied on per contract basis: | ||
<syntaxhighlight>SetStopContract; | <syntaxhighlight>SetStopContract; | ||
SetStopLoss(10);</syntaxhighlight> | SetStopLoss(10);</syntaxhighlight> | ||
An exit order for the entry will be generated if the loss per contract reaches $10. | An exit order for the entry will be generated if the loss per contract reaches $10. | ||
[[Category:Strategy Orders]] | [[Category:Strategy Orders]] |