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Breakeven

23 bytes removed, 12:00, 23 March 2012
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==Breakeven==
 
[[File:BreakevenOnChart.png|thumb|right|Breakeven Exit Strategy on the chart]]
[[File:BreakevenInDOM.png|thumb|right|Breakeven Exit Strategy in the DOM window]]
Breakeven is a conservative exit strategy for exiting the market without losing any money (counting your transaction costs). If a long position is held, then the strategy will place a sell stop; and vice versa, if a short position is held, then it will place a buy stop. Define the profit needed to trigger this order, and once it triggers it will become active. If the price is reached, then the order will be executed.
===Appearance===
Breakeven Exit Strategy is displayed as yellow marker on the chart connected to the order price label on the price scale with a dotted line and as yellow marker in the DOM window.
<div style="background-color: #E3FBE5;">Note: When Breakeven Strategy is auto attached to an order and '''has not been triggered yet''', inactive orders are indicated as semi-transparent. </div>
===Applying Breakeven Exit Strategy===
* Drag-and-drop the Breakeven icon http://www.multicharts.com/img/wiki/strategies/35.png to an active order or open position '''on the chart'''; or:
* Right-click on the Breakeven icon http://www.multicharts.com/img/wiki/strategies/35.png in the Exit Strategy menu to see the shortcut menu and check '''Apply To Open Position'''.
===Breakeven Strategy Parameters===
To modify default Breakeven Parameters:
To save custom parameters, click '''Save'''.
===Auto Attach===
Auto Attach Breakeven Exit Strategy to orders by one of the following methods:

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