Pending Order – PriceEntryMult

Dear all,

Do you know how is calculated the “PriceEntryMult”? It is the multiplier used to define the pending order: for example Close + PriceEntryMult*ATR

I noted that it has range 0.1-2.9, but there is some place where can be modified?

Hello,

you cannot directly control this unless you create a new custom block that will calculate the stop price for you and the multiplier (Number block) will have some value range assigned. Here you can see more details https://strategyquant.com/doc/strategyquant/custom-blocks/

Thank you, I will try to create a new block because I need it with bigger range.