×

Sign up and get MultiCharts free

Use its powerful simulation mode with data included out of the box. Just fill out the form and start honing your trading skills with a few clicks.

Changes - MultiCharts
Open main menu

Changes

Stop Loss LX

649 bytes added, 12:11, 10 September 2021
Created page with "=== Definition=== Stop Loss LX allows to specify the maximum amount of money that you are willing to risk on any position or one share. The dollar amount to exit the position..."
=== Definition===
Stop Loss LX allows to specify the maximum amount of money that you are willing to risk on any position or one share. The dollar amount to exit the positions at can be changed. Stop can also be calculated on a per share basis.<br>
Stop Loss LX will only generate an exit from a long position.
=== Usage===
Short exit based on a specified dollar loss.
=== 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]]