Where does the distance begin? Open price or Current price?
It will open a order in the opposite direction if the market has gone X points (X being the value of the distance function) against you. So the distance value refers to the opening price of the original order.
Hope this clears everything up. If you need more help, just let me know.
Where does the distance begin? Open price or Current price?
Where does the distance begin? Open price or Current price?
It will open a order in the opposite direction if the market has gone X points (X being the value of the distance function) against you. So the distance value refers to the opening price of the original order.
Hope this clears everything up. If you need more help, just let me know.
So the distance value refers to the opening price of the original order.
This is for the better.
Thanks for now.