EntryBar Pnt Stop SX

EntryBar Pnt Stop SX generates a short exit Stop order on the entry bar at the specified number of points above the Close price. This signal may help to protect the short position from an instant trend reversal.

Note: The order is only generated once, on the bar where the position is entered.

This signal generates only short exit orders. Use EntryBar Pnt Stop LX for exiting from a long position.

Default Inputs

RiskPoints (1) - number of points that can be risked on the first bar of the position.