Difference between revisions of "Stop Loss (Signal)"
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'''PositionBasis''' - True/False trigger that allows to calculate profit per position or per share. Enter True to calculate profit per position. | '''PositionBasis''' - True/False trigger that allows to calculate profit per position or per share. Enter True to calculate profit per position. | ||
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Revision as of 16:22, 21 September 2021
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.
PositionBasis - True/False trigger that allows to calculate profit per position or per share. Enter True to calculate profit per position.