Analysis Techniques & Strategies

Percent Stop LX (Strategy)

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Input Information

Name Type Default Description
StopLossPct Numeric .05 Maximum percent loss of equity the exit will allow.


Long exit based on a percentage of loss.


This strategy calculates a value equal to a percentage below the price of entry. A long exit order will be generated for each bar at the calculated price.

  This strategy is designed to be used with stocks only.  Although percent-based exits are not commonly used with futures because of the high leverage, it is possible to create and save a futures oriented version of this strategy where all stop loss and profit target amounts are multiplied by BigPointValue.


Order Name: Money Mngmt Stop, PctStopLX-eb

Related Strategy: stop loss, Percent Stop SX

Related Function(s): None