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Created page with "=== Definition=== Stop Loss uses the SetStopLoss keyword which allows to specify the amount of money you are willing to risk either on a position, or one contract or shar..."
=== Definition===
Stop Loss uses the [[SetStopLoss]] keyword which allows to specify the amount of money you are willing to risk either on a position, or one contract or share basis. The strategy generates an order to close the entire position once the stop loss amount has been reached.
=== Default Inputs ===
'''Amount''' - amount of loss at which point the position will be closed.<br>
'''PositionBasis''' - True/False trigger that allows to calculate profit per position or per share. Enter True to calculate profit per position.
[[Category:Pre-built Signals]]
Stop Loss uses the [[SetStopLoss]] keyword which allows to specify the amount of money you are willing to risk either on a position, or one contract or share basis. The strategy generates an order to close the entire position once the stop loss amount has been reached.
=== Default Inputs ===
'''Amount''' - amount of loss at which point the position will be closed.<br>
'''PositionBasis''' - True/False trigger that allows to calculate profit per position or per share. Enter True to calculate profit per position.
[[Category:Pre-built Signals]]
