Difference between revisions of "SetStopPosition"

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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 ,]] and [[SetPercentTrailing.]]  
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The built-in strategy exit functions are: [[SetStopLoss]], [[SetProfitTarget]], [[SetBreakEven]], [[SetDollarTrailing]], and [[SetPercentTrailing]].
 
   
 
   
==== Usage ====
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== Usage ==
 
<syntaxhighlight>SetStopPosition</syntaxhighlight>  
 
<syntaxhighlight>SetStopPosition</syntaxhighlight>  
 
   
 
   
==== Notes ====  
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== Notes ==
If [[SetStopPositon, SetStopContract,]] and [[SetStopShare]] were not used, the exit functions will be applied on the entire position basis as a default.  
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* If [[SetStopPositon]], [[SetStopContract]], and [[SetStopShare]] were not used, the exit functions will be applied on the entire position basis as a default.  
 
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* 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 ====
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== 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]]

Revision as of 16:48, 19 February 2012

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

SetStopPosition

Notes

Example

Force SetStopLoss strategy exit function to be applied on the entire position basis:

SetStopPosition; 

SetStopLoss(100);

An exit order for the entire position will be generated if the position loss reaches $100.