Difference between revisions of "Stop Loss (Signal)"
Jump to navigation
Jump to search
| Line 6: | Line 6: | ||
'''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. | ||
[[Category:Pre-built Signals]] | [[Category:Pre-built Signals]] | ||
| − | |||
| − | |||
Latest revision as of 16:23, 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.
