Stocks, Forex, Indices, ETFs
Instrument Name / Price / Market Price / Spot Price - Asset’s last known price
Open - Asset’s open rate on the current day of trading.
Last Day Close / Base Price - Asset’s close rate on the previous day of trading.
Last Day High - Asset’s highest rate on the previous day of trading.
Last Day Low - Asset’s lowest rate on the previous day of trading.
Last Day Volume - Asset’s Volume in units on the previous day of trading.
Change - Daily Change – stands for the nominal or percentage change in asset’s price, since the last day close.
Volume - Daily Volume – stands for volume in units, on the current day of trading. 5/14/25/50/100/200 days Volume – stands for the daily volume, within the selected number of days.
Average Volume - Daily Average Volume – stands for the daily average volume in units, within the last 50 days. 5/14/25/50/100/200 days Average Volume – stands for the daily average volume, within the selected number of days.
Bar / Candlestick (with properties) - Asset’s H/L/O/C/M rate within the total number of bars (refers to close candlesticks on the chart), updates every time an additional bar is closed. Properties include;
No.OfBars - select the number of bars to take into calculation
BarPeriod - select the time interval (as for a chart)
BarPrice - select whether you wish the calculation to be based on; Open, Close, High, Low or Mid rate of each timeframe
Price at HH:MM - Asset’s price at a specified time.
Profit & Loss
When using a condition that refers to profit or loss, it always refers to the P/L of the current hit, regardless of the Total P/L of the strategy. Learn about Strategy Total S/L here.
Profit - Referring to the profit of the current hit. Can be compared against the nominal amount or a percentile value.
Loss - Referring to the loss of the current hit, in absolute value.Can be compared against the nominal amount or a percentile value.Can be compared against the nominal amount or a percentile value.
Trailing Stop - Referring to a drop in P/L from to the highest P/L of the current hit, in absolute value. Can be based on the nominal amount or a percentile value. When used as a percentile value: e.g. at trailing stop of 1% - a drop in P/L from 10% to 9% will trigger the trailing stop condition
Trailing Take Profit - A combination of "Take Profit" and "Trailing Stop". TTP allows traders to set the value of their desired profit, which when reached, the trailing stop order will take effect. Like when it is placed solely, The TS value is calculated from the highest P/L point in nominal or percentage values.
*Please note that all screenshots and examples are only shown for the purpose of a technical demonstration and should not in any way be construed as recommending any type of trading strategy and they do not constitute any form of advice. Please click here for further explanation.