Limit

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 Limit

Where:

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;