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Date/Time: Mon, 16 Sep 2024 19:08:10 +0000

Post From: ACSIL trading: does SCT_ORDERTYPE_LIMIT issue a limit order when the stop is hit?

[2015-10-26 06:30:53] Link To Thread - Link To Post [Go To First Post]
User44052 - Posts: 34
Hello. An entry is initiated with .OrderType specified as SCT_ORDERTYPE_LIMIT, and I buy at a specific price. I set my stop at 23 points below the buying price. If the stop level is reached, is the exit performed using a LIMIT order or at the MARKET? s_SCNewOrder goLong; goLong.OrderQuantity = 1; goLong.OrderType = SCT_ORDERTYPE_LIMIT; goLong.Price1 = entryPrice; goLong.Target1Offset = entryPrice + 11; goLong.Stop1Offset = entryPrice - 23;