SetStopPosition: Difference between revisions
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Forces the built-in strategy exit functions to be applied on the entire position basis. | Forces the built-in strategy exit functions to be applied on the entire position basis. | ||
The built-in strategy exit functions are: [[SetStopLoss , SetProfitTarget , SetBreakEven , SetDollarTrailing | The built-in strategy exit functions are: [[SetStopLoss]], [[SetProfitTarget]], [[SetBreakEven]], [[SetDollarTrailing]], and [[SetPercentTrailing]]. | ||
== Usage == | |||
<syntaxhighlight>SetStopPosition</syntaxhighlight> | <syntaxhighlight>SetStopPosition</syntaxhighlight> | ||
== Notes == | |||
If [[SetStopPositon, SetStopContract | * If [[SetStopPositon]], [[SetStopContract]], and [[SetStopShare]] were not used, the exit functions will be applied on the entire position basis as a default. | ||
* If [[SetStopPositon]], [[SetStopContract]], and [[SetStopShare]] were used in multiple instances or in different signals applied to the same chart, the last instance will be controlling. | |||
If [[SetStopPositon, SetStopContract | |||
== Example == | |||
Force SetStopLoss strategy exit function to be applied on the entire position basis: | Force SetStopLoss strategy exit function to be applied on the entire position basis: | ||
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An exit order for the entire position will be generated if the position loss reaches $100. | An exit order for the entire position will be generated if the position loss reaches $100. | ||
[[Category:Strategy Orders]] | [[Category:Strategy Orders]] |