Abbreviation: PriceTargetLimit%
Category: Trading Strategy: Exit Signals
Input Parameters:
| Name | Range | Default |
| Trading Strategy | ||
| Target Percent Change | Real >= 0 | 10 |
Calculation:
For a long position
= EntryPrice * (100 + TargetPercentChange) / 100
For a short position
= EntryPrice * (100 – TargetPercentChange) / 100
Discussion:
Indicates the price level a specified percent above (long) or below (short) the entry price. Primarily used as a target price level for an exit limit price in a trading strategy.