Support Board
Date/Time: Sat, 11 Jan 2025 14:55:19 +0000
Post From: Study Trading: Triggered Limit Order Entry
| [2016-08-15 20:42:18] |
| User295967 - Posts: 32 |
|
1.Trigger Line: The price to which price must reach in order for an entry order to be placed.
2.Order Line: The price at which the order will be placed once the Trigger Line is reached. On chart DOM with prerelease the trigger line behaviour is not as per above correct describtion. Price must go BEYOND the trigger line before attached order is placed on order line - and that is not correct. See Youtube video showing incorrect behaviour study. https://youtu.be/kV0MMRQzBiA Second 5/6 placement trigger and order prices Second 11 market trades at trigger line, but no attachment order at order line Second 54 market trades again at trigger line, but no attachment order at order line Second 69 market trades BEYOND trigger line, only then attachment order at order line. |