Used in strategy entry or exit statements to specify a Limit price for an entry or an exit.
A Limit order will execute 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.
At Price Limit
- Price - a numerical expression, specifying the Limit Price.
- At - a skip word and can be omitted.
Buy within the next bar on the first tick with a price of 100 or less:
Buy Next Bar At 100 Limit;
Sell short within the next bar on the first tick with a price of 50 or more:
SellShort Next Bar 50 Limit;