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BuyToCover

63 bytes added, 17:07, 19 February 2012
m
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 ==
A Cover Arrow will be placed at the current bar's [[Close]] tick.
=== Exit next bar at the open of the next bar ===
<syntaxhighlight>Next Bar At Open</syntaxhighlight>
or
A Cover Arrow will be placed at the next bar's [[Open]] tick.
=== Exit with a next bar at limit order ===
<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 with next bar at stop-loss ===
<syntaxhighlight>Next Bar At Price Stop</syntaxhighlight>
Where:

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