Pine Script arithmetic limit order

Question

Probably pretty simple answer, but I am trying to set my limit order to execute something like this

if ta.barssince(enterLong) < 3
    strategy.entry(id="EL", direction=strategy.long, limit=low[1] * -0.01)

i'm not sure how to write the arithmetic for this. Goal is to create a limit order based on prev candle trigger but to calculate limit by a negative in order to create a lower limit based on a percentage, so in this case, create limit entry at -1% from previous candle low.

Answer 1

Isn't -1% in your logic is 99% of the whole value?

if ta.barssince(enterLong) < 3
    strategy.entry(id="EL", direction=strategy.long, limit=low[1] * 0.99)