Position Maintenance
You can specify protective Stop Loss, Take Profit, Trailing Stop Loss and Duration Limit parameters in
Position Maintenence section on the strategy editing page. The values can be specified in either % or ATR units:
Unit %
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In the example below you can see a trade for EGLE stock. The purchase price was $160, and the position was closed at $217 by a
take profit stop at 35%. A protective stop loss was set at $136 ($160 - 15% = $136), and a trailing stop loss was adjusted each
time the stock moved higher. The last trailing stop loss adjustment was at a high price of $215, with the following calculation:
$215 - 20% = $173:
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Unit ATR
This example shows how stop values will be calculated if an ATR unit is selected. The purchase price is $160, and the position
was closed by a take profit stop at $220 ($160 + 5 ATRs * $12). The protective stop loss equals $136 ($160 - 2 * $12 = $136).
The trailing stop loss is adjusted each time the stock moves higher. The last trailing stop loss adjustment was at high price
$215, with the following calculation: $215 - 2 * $12 = $179:
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