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Sell

284 bytes added, 16:07, 19 February 2012
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Completely or partially exits one or all of the long entries as specified by the parameters.
 
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 above the Sell 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'''.  ==== Usage ====<syntaxhighlight>Sell[("ExitLabel")][From Entry("EntryLabel")][TradeSize[Total]]Exit</syntaxhighlightdiv> Parameters inside the square brackets are optional  ==== Parameters ==== [[ExitLabel]] - an optional parameter; assigns a name that will be displayed in the name label above the exit  If [[ExitLabel]] is not specified, the name "Sell" will be used for the first exit, "Sell#2" for the second exit, "Sell#3" for the third exit, etc.  [[EntryLabel]] - an optional parameter; ties the exit to the particular entry that was assigned the [[EntryLabel]] name; the name must be preceded by the word [["Entry",]] the word [["From"]] is a skip word and can be omitted  An exit can only be tied to an entry within the same signal. For more information, see [[Buy]]  If [[EntryLabel]] is not specified, [[all]] of the open long entries will be closed.
== Usage ==<syntaxhighlight>Sell[("ExitLabel")] [From Entry("EntryLabel")] [TradeSize[Total]] Exit</syntaxhighlight> Parameters inside the square brackets are optional - an optional parameter; a numerical expressionif these aren't defined, specifying the number of contracts or shares to sell; the expression must be followed by one of the following transposable words: [[Share, Shares, Contract]] or [[Contractsdefault is used.]]
By default, == Parameters ==:'''ExitLabel''' - an optional parameter; assigns a name that will be displayed in the name label above the number of contracts or shares exit.::If '''ExitLabel''' is not specified by , the [[TradeSize]] parameter name "Sell" will be sold from [[each one]] of used for the first exit, "Sell#2" for the second exit, "Sell#3" for the open long entriesthird exit, etc.
If :'''EntryLabel''' - an optional parameter; ties the exit to the particular entry that was assigned the '''EntryLabel''' name; the name must be preceded by the word [[TradeSizeEntry]] is followed by , the word [["Total",From]] is a [[:Category:Skip Words|skip word]] and can be omitted.::An exit can only be tied to an entry within the number of contracts or shares specified by the same signal. For more information, see [[TradeSizeBuy]] parameter will be sold.::If '''EntryLabel''' is not specified, regardless '''all''' of the number of open long entries. The contracts or shares will be sold in the same order they were bought: First In, First Outclosed.
:'''TradeSize''' - an optional parameter; a numerical expression, specifying the number of contracts or shares to sell; the expression must be followed by one of the following interchangeable words: [[Share]], [[Shares]], [[Contract]] or [[Contracts]].::By default, the number of contracts or shares specified by the '''TradeSize''' parameter will be sold from '''each one''' of the open long entries. ::If '''TradeSize''' is followed by the word [[TradeSizeTotal]] , only the number of contracts or shares specified by the '''TradeSize''' parameter will be sold, regardless of the number of open long entries. The contracts or shares will be sold in the same order they were bought: ''First In, First Out''.::If '''TradeSize''' is not specified, the entire long position will be closed out.
[[:'''Exit]] ''' - a required parameter; specifies the timing and price of exit. See the section below for the different types of exits.
== Types of exit ==
There are four types of Exit:
<syntaxhighlight>This Bar[On]Close</syntaxhighlight>
Where: - [[On]] is a [[:Category:Skip Words|skip word ]] and can be omitted
A Sell Arrow will be placed at the current bar's [[Close]] tick.

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