Limit: Difference between revisions
From MultiCharts
(Created page with "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 l...") |
No edit summary |
||
| Line 1: | Line 1: | ||
Used in strategy entry or exit statements to specify a Limit price for an entry or an exit. | 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. | 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. | ||
== Usage == | |||
<syntaxhighlight>At Price Limit</syntaxhighlight> | <syntaxhighlight>At Price Limit</syntaxhighlight> | ||
Where: | Where: | ||
:'''Price''' - a numerical expression, specifying the Limit Price. | |||
:'''At''' - a [[:Category:Skip Words|skip word]] and can be omitted. | |||
== Example == | |||
Buy within the next bar on the first tick with a price of 100 or less: | Buy within the next bar on the first tick with a price of 100 or less: | ||
Latest revision as of 15:59, 19 February 2012
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.
Usage
At Price LimitWhere:
- Price - a numerical expression, specifying the Limit Price.
- At - a skip word and can be omitted.
Example
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;