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BuyToCover

132 bytes added, 15:24, 19 February 2012
There are four types of Exit:
=== Exit this bar on close ===
<syntaxhighlight>This Bar On Close</syntaxhighlight>
A Cover Arrow will be placed at the current bar's [[Close]] tick.
=== Exit at the open of the next bar ===
<syntaxhighlight>Next Bar At Open</syntaxhighlight>
<syntaxhighlight>Next Bar At Market</syntaxhighlight>
A Cover Arrow will be placed at the next bar's [[Open]] tick.
=== Exit with a limit order ===
<syntaxhighlight>Next Bar At Price Limit</syntaxhighlight>
A Cover Arrow will be placed on the next bar at the first tick with a price value less than or equal to [[Price]] ; if there are no such ticks within the next bar, the order will be cancelled.
=== Exit with at stop-loss ===<syntaxhighlight>Next Bar At Price Stop</syntaxhighlight>
Where:
:'''Price''' - a numerical expression, specifying the Stop Price.
:'''At''' - a [[:Category:Skip_Words|skip word]]] and can be omitted.
A Cover Arrow will be placed on the next bar at the first tick with a price value equal to or greater than the [[Price]] ; if there are no such ticks within the next bar, the order will be cancelled.
== Examples ==
Completely exit all open short entries at Market price on close of this bar and label the exit "Complete Exit":

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