TaSimpleStrategy BreakDown Parameters
These parameters are used for the BreakDown signal. To better understand what is it please refer to the TaSimpleStrategy article.
Most of the parameters used to control the BreakDown algorithm are identical to the parameters used for BreakUp: These are
- Enable
- AllowedDepositPc
- EnableStopLoss
- StopLossPc
- MinProfitPc
- AllowTrailing
- TrailingStopLossPc
- DCAStartPercent
- DCAStartAmountFraction
- DCAEndPercent
- DCAEndAmountFraction
- DCALevelCount
So please refer to the BreakUp Parameters article to understand what these parameters do.
The only one specific parameter is the MinSupportBreakValue. This parameter specifies price change from the last support level. Reaching this value TaSimpleStategy threats as BreakDown signal. For example, the last support level is 8000, MinSupportBreakValue = 200 when the price goes lower than 8000 - 200 = 7800, TaSimpleStrategy will detect BreakDown. That's it. Please note the value for this parameter is specified in base currency, not in percent.