Analysis Techniques & Strategies

EntryBar $ Stop LX (Strategy)

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Input Information

Name Type Default Description
DollarRisk Numeric 1 Dollar value you are willing to risk on the first bar of the position.


Long exit based on a dollar loss, only for the bar of entry.


This strategy will generate a stop order at the specified dollar amount below the current bar's closing price, to protect against an initial reversal when a long entry order is generated. This order is only generated for the bar of entry. You can specify the dollar amount you are willing to risk.

Order Name: EbDlrLX

Related Strategy: Entrybar $ Stop SX, Entrybar ATR Stop LX, Entrybar ATR Stop SX, Entrybar Pnt Stop LX, EntryBar Pnt Stop SX

Related Function(s): None