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Stop Limit

739 bytes added, 13:39, 4 April 2017
Created page with " Used in signal entry or exit statements to specify a level of stop and a limit price for an entry or an exit. ==Usage== <syntaxhighlight>at Price1 stop Price2 limit</syntax..."

Used in signal entry or exit statements to specify a level of stop and a limit price for an entry or an exit.

==Usage==

<syntaxhighlight>at Price1 stop Price2 limit</syntaxhighlight>

Where:
:'''Price1''' - a numerical expression, specifying the Stop Price
:'''Price2''' – a numerical expression, specifying Limit price level
:'''at''' - a skip word and can be omitted

==Example==
Buy within the next bar on the first tick with a price of 105 or less if the stop price reaches 100:

<syntaxhighlight>Buy next bar at 100 stop 105 limit;</syntaxhighlight>

Sell short within the next bar on the first tick with a price of 45 or more if the stop price reaches 50:

<syntaxhighlight>SellShort Next Bar 50 stop 45 limit;</syntaxhighlight>

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