EntryBar $ Stop SX (Strategy)
DisclaimerInput Information
| Name | Type | Default | Description |
| DollarRisk | Numeric | 1 | Dollar value you are willing to risk on the first bar of a position. |
Usage
Short exit based on a dollar loss, only for the bar of entry.
Description
This strategy will generate a stop order at the specified dollar amount above the current bar's closing price, to protect against an initial reversal when a short 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: EbDlrSX
Related Strategy: Entrybar $ Stop LX, Entrybar ATR Stop LX, Entrybar ATR Stop SX, Entrybar Pnt Stop LX EntryBar Pnt Stop SX
Related Function(s): None