Option | Description |
---|---|
Price | Set the take profit/stop loss orders at the specified price. |
Currency | Set the take profit/stop loss orders a specified amount of currency away from the closing price preceding the entry of a long/short order. |
Ticks | Set the take profit/stop loss orders a specified amount of ticks away from the closing price preceding the entry of a long/short order. |
% | Set the take profit/stop loss orders a specified percentage away from the closing price preceding the entry of a long/short order. |
ATR | Set the take profit/stop loss orders N average true ranges away from the closing price preceding the entry of a long/short order, where N is a specified multiplier. |
Forecast | (Only available for take profits orders) Use a percentile of a returned forecast to set take profits. Forecasts must be enabled in order for this to work. |
Trailing Stop | (Only available for stop loss orders) Enable a percentage-based trailing stop. A position will be exited if the price reaches the trailing stop. |