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Limit Order Execution Assumptions for Portfolio Backtester

473 bytes added, 13:36, 19 December 2017
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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 takes place at limit price or better'''.<div style="background-color: #E5F6FF;">'''Example''': Generated order: sellshort limit @ 121; order is filled @ 121 or better if 121 (or better) is between High and Low of the bar.</div>
# 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 @ 121 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.
 
 
Since '''MultiCharts 11''' it is possible to specify '''TIF''' (time in force) for '''Backtesting Assumptions''' in Portfolio. At the moment only 2 TIFs are available: '''GTC''' and '''DAY'''.
To specify the TIF right-click on the strategy in '''Portfolio Tree''' and choose '''Show Properties'''. Then go to '''Backtesting''' tab and select '''Fill limit order when trade price goes beyond limit price by … points''', and then the selection of TIFs will be activated.
[[Category:Portfolio Trading]]

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