> For the complete documentation index, see [llms.txt](https://docs.runbot.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.runbot.io/risk-management-boxes/position-size/candle-distance.md).
# Candle distance
**This feature allows you to risk always the same amount of capital or USD, just like the Risk %/ capital or Risk constant USD. However, in addition you can consider the previous highs/lows of the selected period.**
If you want to lose a maximum of 1000$ on a long position with a stop loss 5% below the low of the last daily candle, the bot will size accordingly.
*Ex:*
We want to risk a maximum of 1000 USD, with a stop loss 5% below the last daily candle
*The bot open a long position at 28 961$. The stop loss is set at 24 075$, which is 5% below the low of the last daily candle, considering the wick, or 16.89% below the entry price.*
*To size accordingly, and only risk a maximum of 1000 USD if the stop is triggered, the bot will adjust and open a position of **5920$** ((1000\*100)/16,89%).*
***
**You can also set a stop loss below or above the highs/lows looking at the ATR instead of a %, it will consider current ATR value and parameters at the entry time.**
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