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SetStopPosition

6 bytes added, 16:48, 19 February 2012
m
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 ,]] , and [[SetPercentTrailing.]] .
==== Usage ====
<syntaxhighlight>SetStopPosition</syntaxhighlight>
==== Notes ==== * If '''SetStopPositon''', [[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,]] and [[SetStopShare]] were used in multiple instances or in different signals applied to the same chart, the last instance will be controlling. ==== Example ====
Force SetStopLoss strategy exit function to be applied on the entire position basis:
An exit order for the entire position will be generated if the position loss reaches $100.
 
[[Category:Strategy Orders]]

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