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=== Definition===
A break-even price is the amount describes a change of money, or change in value for which an asset must be sold that corresponds to cover the costs of acquiring and owning itjust covering one's initial investment or cost. It can also refer Traders may use break-even prices to the amount of money for which understand where a product or service securities price must be sold go to cover the make a trade profitable after costs of manufacturing or providing it, fees, and taxes have been taken into account.
The BreakEven Stop strategy uses the PowerLanguage keyword [[SetBreakEven]] to place an order to exit all shares or contracts in all positions once a specified profit floor has been reached. The profit floor can be set on a total position basis, or on one contract/one share basis. The profit target amount is determined by the FloorAmt input. When the profit exceeds the breakeven profit floor, a stop exit order is generated at the average entry price of the position. The stop orders are stop market orders. If the price falls back to the entry price, a market order is generated and sent into the market. Breakeven Stop can be used to close both long and short positions.