Stop

Used in strategy entry or exit statements to specify a Stop price for an entry or an exit. A Stop order will execute at the specified price or worse. A worse price is a higher price for Buy and Buy to cover orders, and a lower price for Sell and Sell short orders.

Usage

At Price Stop

Where: Price - a numerical expression, specifying the Limit Price

At - a skip word and can be omitted

Example

Sell within the next bar on the first tick with a price of 100 or less:

Sell Next Bar 100 Stop;

Cover within the next bar on the first tick with a price of 50 or more:

BuyToCover Next Bar At 50 Stop;