Limit up not accounted?

Questions about MultiCharts .NET and user contributed studies.
maisatomai
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Limit up not accounted?

Postby maisatomai » 21 Mar 2013

Hi when we use the signal trading strategy, the signal does not account for limit up and limit down. How do I account for it?

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Henry MultiСharts
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Re: Limit up not accounted?

Postby Henry MultiСharts » 22 Mar 2013

Hello maisatomai,

What do you mean exactly?
A Limit order is executed at the specified price or better. A better price is a lower price for Buy and Buy to cover orders, and a higher price for Sell and Sell short orders.

maisatomai
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Re: Limit up not accounted?

Postby maisatomai » 22 Mar 2013

I don't know whether I use the right term for it.

That means the market will disallow trading if the market trade up more than 3% (as an example). That means we will be unable to buy at that price. But in the strategy, multichart.net will still assume we can buy at that price

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Henry MultiСharts
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Re: Limit up not accounted?

Postby Henry MultiСharts » 22 Mar 2013

This is something controlled by the broker order management, not MultiCharts. If your broker provides such information via API-please let us know and we will check if that can be added to MultiCharts.


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