Analysis Techniques & Strategies
|ProfitTargetPct||Numeric||.10||Indicates the percentage profit that will trigger a profit target exit (enter .08 for 8%).|
|StopLossPct||Numeric||.05||Indicates the percentage loss that will trigger a stop loss exit (enter .025 for 2.5%).|
Exit based on percentages for a profit target and a stop loss.
_Percent Exit Pair strategy generates both a profit target and a stop loss exit order calculated as a percentage from the entry price.
To generate the exit values on the entry bar (the first bar of the position), the profit target and stop loss are calculated based on the close of the previous bar.
Order Name: Profit Target, Money Mngmt Stop
Related Strategy: Profit Target, Stop Loss
Related Function(s): None