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The exit point is visually indicated on a chart by an Arrow and a Tick. The Arrow identifies the time and the Tick identifies the price value of the exit point. Labels, displaying the exit name and the number of contracts or shares traded, are displayed below the Cover Arrow.
<div style="background-color: #FFE4E1;margin-bottom:10px;">An order is executed at the point specified by the parameters; if the order is not filled '''within ''' the specified bar, the order is '''cancelled'''. </div>
== Usage ==
There are four types of Exit:
=== Exit this bar on close ===
<syntaxhighlight>This Bar On Close</syntaxhighlight>
A Cover Arrow will be placed at the current bar's [[Close]] tick.
=== Exit next bar at open ===
<syntaxhighlight>Next Bar At Open</syntaxhighlight>
or
<syntaxhighlight>Next Bar At Market</syntaxhighlight>
Where:
:Words '''"Market"''' and '''"Open"''' are transposable.
:'''At'''is - a [[:Category:Skip_Words|skip word]] and can be omitted.
A Cover Arrow will be placed at the next bar's [[Open]] tick.
=== Exit next bar at limit ===
<syntaxhighlight>Next Bar At Price Limit</syntaxhighlight>
A Cover Arrow will be placed on the next bar at the first tick with a price value less 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]]] and can be omitted.
A Cover Arrow will be placed on the next bar at the first tick with a price value equal to or greater than the [[Price]] ; if there are no such ticks within the next bar, the order will be cancelled.
== Examples ==
Completely exit all open short entries at Market price on close of this bar and label the exit "Complete Exit":
