{% assign title = "Trigger-Off Event" %} {% assign definition = site.data.trading_system.trigger-off_event %} {% assign preposition = "the" %} {% assign plural = "s" %} {% if include.more == "yes" and include.heading == "more" %}

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{% endif %} {% if include.heading != "" and include.heading != "more" %} {{include.heading}} {{title}} {% endif %} {% if include.icon != "no" %} {% if include.table == "yes" and include.icon != "no" %}

{% endif %} {% if include.table == "yes" and include.icon != "no" %}

{% endif %} {% endif %} {% if include.definition == "bold" %} {{ definition }} {% else %} {% if include.definition != "no" %} {{ definition }} {% endif %} {% endif %} {% if include.table == "yes" and include.icon != "no" %}

{% endif %} {% if include.more == "yes" and include.content == "more" and include.heading != "more" %}

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{% endif %} {% if include.content != "no" %} 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. Once a strategy is triggered-on, only two possible scenarios may follow. Either the take position event is triggered, thus, taking a position and opening a trade, or the trigger-off event is triggered first. In the first scenario, the strategy remains *on* until the trade is closed. As the trade is closed, the strategy is triggered-off. In the second scenario, the strategy is triggered-off immediately. {% endif %} {% if include.more == "yes" and include.content != "more" and include.heading != "more" %}

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{% endif %} {% if include.adding != "" %} {{include.adding}} Adding {{preposition}} {{title}} Node To add a trigger-off event node, select *Add Missing Events* on the trigger stage node menu. All events that may be missing are created along with the rest of the basic structure of nodes required to define each of them. {% endif %} {% if include.configuring != "" %} {{include.configuring}} Configuring the {{title}} XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX {% endif %} {% if include.starting != "" %} {{include.starting}} Starting {{preposition}} {{title}} XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX {% endif %} {% if include.more == "yes" %}

{% endif %}