Stop Loss SX
Revision as of 12:07, 10 September 2021 by KateMultiCharts (talk | contribs) (Created page with "=== 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 positio...")
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.
