Percent Exit Pair

From MultiCharts
Jump to navigation Jump to search

_Percent Exit Pair generates a profit target and a stop loss exit order calculated as the entry price percentage. The profit target and stop loss are calculated based on the previous bar close to generate the exit values on the entry bar.

Default Inputs

ProfitTargetPct - profit percentage that will trigger a profit target exit.

Note: Enter .07 for 7%

StopLossPct - profit percentage that will trigger a stop loss exit.

Note: Enter .035 for 3.5%