Limit Order Execution Assumptions: Difference between revisions
From MultiCharts
no edit summary
Abeloglazova (talk | contribs) No edit summary |
No edit summary |
||
(One intermediate revision by one other user not shown) | |||
Line 12: | Line 12: | ||
# Chart resolution is '''not''' 1 tick and Bar Magnifier is not enabled. Backtesting Assumptions is set to '''Fill limit order when trade price goes beyond limit price by 3 points'''.<div style="background-color: #E5F6FF;">'''Example''': Generated order: sellshort limit @ 121; order is filled @ 124 if 124 price is between High and Low; order is not filled at all if there is not 124 price between High and Low of the bar. | # Chart resolution is '''not''' 1 tick and Bar Magnifier is not enabled. Backtesting Assumptions is set to '''Fill limit order when trade price goes beyond limit price by 3 points'''.<div style="background-color: #E5F6FF;">'''Example''': Generated order: sellshort limit @ 121; order is filled @ 124 if 124 price is between High and Low; order is not filled at all if there is not 124 price between High and Low of the bar. | ||
TIF (time in force) is specified by default depending on the selected option. | |||
When '''Fill limit order when trade takes place at limit price or better''' option is selected, GTC (Good-Till-Canceled) will be set. <br> | |||
When '''Fill limit order when trade price goes beyond limit price by X points''' option is selected, DAY time in force will be used. | |||
For other backtesting orders GTC is used by default. | |||
[[Category:Backtesting]] | [[Category:Backtesting]] |