Limit Orders

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Limit Orders

Postby mcnet_voisin » 04 May 2017

Hi all,

Seeing that on each bar, we have to re-send a limit order, I'm just wondering if MC on the backend keeps the original limit order, or cancels and re-submits a new limit order to the exchange? I hope you are aware that we lose our order position in the order book (queue) if the latter is true - and it's pretty much a deal breaker. Either that or we need unmanaged code to be backtestable.


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Henry MultiСharts
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Re: Limit Orders

Postby Henry MultiСharts » 05 May 2017

Hello mcnet_voisin,

If you do not change the order collection/quantity then the order will be continuously kept at broker, not resubmitted on each calculation.

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