Entry Limit

Last modified

sitmicon34.gifThis content is provided in support of the Safety in the Market (SITM) module for Your SOFTWARE and may not be applicable to your package. For more information, go to the Modules topic of this help.

Entry Limit

The entry limit, also known as the Enter By level, is calculated by multiplying the reference range by either 25% or 33% (or another user defined amount) and adding it to the point C value.

The resulting level must not be exceeded when entering the trade, as it indicates an overbought market in long trades (or oversold in short trades).

Users can select 25%, 33% or manually enter another amount (not recommended) in the Other text box.

The exact level suitable for individual trades and traders, as well as a discussion of risk and reward, can be found on pages 107-108 of the Smarter Starter Pack manual (3rd Edition).

Entry Limit Use

Users can adjust the Entry Limit for the following ABC features:

Page statistics
426 view(s) and 10 edit(s)
Social share
Share this page?

Tags

This page has no classifications.

Comments

You must to post a comment.

Attachments