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Since '''MultiCharts 10''' it is possible to specify '''TIF''' (time in force) for '''Backtesting Assumptions'''. At is specified by default depending on the moment only 2 TIFs are available: '''GTC''' and '''DAY'''selected option.
To specify the TIF open [[Strategy Properties]]When '''Fill limit order when trade takes place at limit price or better''' option is selected, GTC (Good-Till-Canceled) will be set. Then go to Backtesting tab and select <br>When '''Fill limit order when trade price goes beyond limit price by … X points'''option is selected, and then the selection of TIFs DAY time in force will be activatedused.
This setting doesn’t influence autotrading. With '''GTC''' For other backtesting works as always. With '''DAY''' – '''Session Break''' is taken into consideration: all active price orders (Limit and Stop Limit) “forget” their statuses and on the new bar opening are considered to be newly placed, which leads to the situation when there’s a gap and the order GTC is guaranteed to be executed, the orders are filled on the bar Open, and not on the Limit priceused by default.
This mode does not influence orders with special state (BreakEven, PercentTrailing, Dollartrailing).
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# 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.
[[Category:Backtesting]]
