# Set limit entry based on open price

**URL:** <https://forums.collective2.com/t/set-limit-entry-based-on-open-price/2939>\
**Category:** C2\
**Created:** [May 15, 2013, 4:15pm UTC](https://forums.collective2.com/t/set-limit-entry-based-on-open-price/2939 "2013-05-15T16:15:36Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![KevinMcGrath2](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/kevinmcgrath2/32/110_2.png) [@KevinMcGrath2](https://forums.collective2.com/u/KevinMcGrath2)\
**Post date:** [May 15, 2013, 4:15pm UTC](https://forums.collective2.com/t/set-limit-entry-based-on-open-price/2939/1 "2013-05-15T16:15:36Z")

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This is a cool feature that I was unaware of, and I was wondering if it is possible to use a percentage movement from the open (e.g., look for a 1% pullback from the open to enter a trade).  
  
  
  
One can do it with absolute amounts using "O - 0.50" but could one also do "O \* 0.99"?  
  
  
  
Thanks.

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**Author:** ![MatthewKlein](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/matthewklein/32/21382_2.png) [@MatthewKlein](https://forums.collective2.com/u/MatthewKlein)\
**Post date:** [May 16, 2013, 8:18am UTC](https://forums.collective2.com/t/set-limit-entry-based-on-open-price/2939/2 "2013-05-16T08:18:25Z")

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Hi, Kevin -  
  
  
  
Percentages (or multiplication) are not currently supported. But it may be possible to add them. I can’t commit to an exact time that project might be done, however. For now, I’ll add it to the Wish List.

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<div class="post-metadata">

**Author:** ![KevinMcGrath2](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/kevinmcgrath2/32/110_2.png) [@KevinMcGrath2](https://forums.collective2.com/u/KevinMcGrath2)\
**Post date:** [May 16, 2013, 11:25am UTC](https://forums.collective2.com/t/set-limit-entry-based-on-open-price/2939/3 "2013-05-16T11:25:15Z")

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That would be great. It just makes sense - a $0.50 move below the open for AAPL or GOOG is meaningless versus one for a $5 or $10 stock. Also, many system developers use percentage moves to trigger entries rather than absolute moves. I would guess that the math is just as easy to do (subtraction versus multiplication for an algorithm are both trivial operations).