StopLoss

StopLoss mechanism controlled by two parameters.

• EnableStopLoss - allows the strategy to close the long position if trendline goes down after opening it.
• StopLossPc specifies the close price value in percent from open price. For example, the strategy opens a long position at $8000. The StopLossPc = 2, then the price goes below 8000 - 8000 * 2 / 100 = 7840 the strategy closes long position. StopLossPc used only when you check EnableStopLoss checkbox.

In the picture below you will see StopLoss mechanism in action. The green line is the current price and the blue one is the close price.