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 Rate | Description |
---|---|
Above 100 | Scales UP the price gap and it becomes bigger by that rate. For example:
|
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:
|
Refer to the examples for more details.