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Limit

798 bytes added, 13:34, 24 January 2012
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..."
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 ====
<syntaxhighlight>At Price Limit</syntaxhighlight>

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:

<syntaxhighlight>Buy Next Bar At 100 Limit;</syntaxhighlight>

Sell short within the next bar on the first tick with a price of 50 or more:

<syntaxhighlight>SellShort Next Bar 50 Limit;</syntaxhighlight>

[[Category:Strategy Orders]]
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