Abbreviation: EntryPrice
Category: Trading Strategy: Position Information
Input Parameters:
| Name | Range | Default |
| Trading Strategy | ||
| # Postions Ago | Int >= 0 | 0 |
Calculation:
The price at which a position’s entry signal was filled. The type of entry order being used (market, stop, limit, ‘) and any value specified for slippage in the trading strategy parameters will affect the value of this indicator. If a market order is being used and no slippage has been specified, the entry price will be equal to the opening price on the bar after the entry signal.
Discussion:
This indicator is useful for creating custom trading strategy exit conditions and trailing stops based upon the entry price for the current position or a previous position.