Check Open Calculation Example

Assume we want to check the entry bar with the previous bar’s close, and assume the trade is a long trade, the percent is 5, and the close of the previous bar is 10.

10 + (10 * (5 * .01)) = 10.5

If above is selected, the trade would not be entered unless the opening price was above 10.5. If below is selected, the trade would not be entered unless the open was below 10.5