Difference between revisions of "Lower"
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(Created page with "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 ==== <syntaxhighlight>At Price ...") |
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Used in strategy entry or exit statements to specify a price range for an entry or an exit. | 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 | + | |
| + | Must be preceded by the word [[Or]]. | ||
| − | + | == Usage == | |
<syntaxhighlight>At Price Or Lower</syntaxhighlight> | <syntaxhighlight>At Price Or Lower</syntaxhighlight> | ||
| − | Where: | + | Where: |
| − | + | ||
| − | + | :'''Price''' - a numerical expression, specifying the base Price. | |
| + | :'''At''' - a [[:Category:Skip Words|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 within the next bar on the first tick with a price of 100 or less: | ||
Revision as of 15:59, 19 February 2012
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;
