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Boundary Direction

Boundary Direction​

Acronym: BDR
Identifier: boundaryDirection
Group: Boundary
Type: Enum
Default: ``

Description​

Boundary direction specifies the direction of motion in the underlying asset's price which will be considered a valid crossing of the boundary and trigger the boundary effect changing which, if any, of the boundary legs is active.

Allowed Values​

  • From Below (INCR) (fromBelow / 0): Boundary effect is trigerred if the observed underlying asset value is greater than or equal to the boundary value at a monitor time.
  • From Above (DECR) (fromAbove / 1): Boundary action if observed market object value less than or equal to boundary value at a monitor time.