Difference between revisions of "Stop Loss SX"
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'''Amount''' - amount of loss at which point the position will be closed.<br> | '''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. | '''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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| + | '''Note:''' Use [[Stop Loss LX]] for exiting a long position. | ||
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[[Category:Pre-built Signals]] | [[Category:Pre-built Signals]] | ||
Revision as of 14:35, 10 September 2021
Definition
Stop Loss SX allows to specify the maximum amount of money that you are willing to risk on any position or one share. The dollar amount to close the positions by can be changed. Stop can also be calculated for each stock. Stop Loss SX will only generate an exit from a short position.
Usage
Short exit based on a specified dollar loss.
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.
Note: Use Stop Loss LX for exiting a long position.
