{
    "type": "Trigger Off Event",
    "definition": {
        "text": "The trigger-off event defines the situation in which the corresponding strategy shall be triggered-off. A strategy that is triggered-off releases the capital in reserve and makes it available to other strategies in the trading system.",
        "translations": [
            {
                "language": "ES",
                "text": "El evento trigger-off define la situación en la que se activará la estrategia correspondiente. Una estrategia que se activa libera el capital en reserva y lo pone a disposición de otras estrategias en el sistema de trading.",
                "updated": 1629580571614
            }
        ]
    },
    "paragraphs": [
        {
            "style": "Block",
            "text": "Content"
        },
        {
            "style": "Text",
            "text": "In conceptual terms, the trigger-off event is the mechanism you use to define the situation in which the corresponding strategy should stop considering the trading opportunity signaled by the trigger-on event. That is, you use the trigger off event to describe the scenario for the invalidation of the trading idea behind the strategy."
        },
        {
            "style": "Text",
            "text": "Once a strategy is triggered-on, only two possible scenarios may follow. Either the take position event is triggered, thus, taking a position, or the trigger-off event is triggered first."
        },
        {
            "style": "Text",
            "text": "In the first scenario, the strategy remains on until the position is closed. As the position is closed, the strategy is triggered-off. In the second scenario, the strategy is triggered-off immediately."
        }
    ]
}