Features / Description:
Quite like the entry with stop, the exit with stop will do the equivalent function.
It will use the preceding bar's high or low and place the stop order plus or minus ticks. You have the option to use the open as well. There is a setting to also use the same for the current bar's high/low or open.
Benefits / What this means to you?
Conserve lots of time analyzing to figure out these price levels, the app will do this for you. You can spend more time trading rather than trying to figure out these exit levels.
Next -> Trailing Stop
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.