Gap Scaling Rate

Gap Scaling Rate

The percent rate of scaling by which the price gap gets bigger or smaller. When the market price goes against the direction of the initial trade the Price Gap is scaled up or down by this rate. The scaling starts when the price moves against the initial trade by the configured price levels and applied to all the subsequent levels.

The scaling is applied based on the value of this Gap Scaling Rate parameter:
Price Gap Scaling RateDescription
Above 100 Scales UP the price gap and it becomes bigger by that rate. For example:
  • 130 scales up to 130% of the previous gap (i.e. up by 30%)
  • 150 scales up to 150% of the previous gap (i.e. up by 50%)
  • 200 scales up to 200% of the previous gap (i.e. up by 100%)
Exactly 100 No change to the price gap size. 100 means keep it the same, at the 100% of the previous level's gap.
Below 100 Scales DOWN the price gap and it becomes smaller by that rate. For example:
  • 80 scales down to 80% of the previous gap (i.e. down by 20%)
  • 50 scales down to 50% of the previous gap (i.e. down by 50%)
  • 30 scales down to 30% of the previous gap (i.e. down by 70%)

Refer to the examples for more details.

  1. Example - Scale Price Gap Up by Rate
  2. Example - Scale Price Gap Down by Rate