what is the difference between 'liberal' and 'default'?

[joemiller]

what is the difference between 'liberal' and 'default' for the strategy analyzer historical fill processing fill type?

[NinjaTrader_Jesse]

Hello,

We have a short description listed in the helpguide here: http://ninjatrader.com/support/helpG...ghtsub=liberal

To really understand the fill types in more detail, you could also review the code used for the filltype by viewing either of the following files:
Documents\NinjaTrader 7\bin\Custom\Type\@DefaultFillType.cs
Documents\NinjaTrader 7\bin\Custom\Type\@LiberalFillType.cs

I look forward to being of further assistance.

[joemiller]

thanks jesse

Re: 'you could also review the code'

i do not understand code, so is it maybe something like ... 'liberal' means the price has only to be touched, and only once, for the order to be filled?

[NinjaTrader_Jesse]

Hello,

so is it maybe something like ... 'liberal' means the price has only to be touched, and only once, for the order to be filled?

Default
• Limit orders only fill if the limit price was penetrated

Liberal
• Limit orders fill if the limit price was touched

The price would only need to Touch the limits price for the fill to occur with Liberal, whereas the Default would need to penetrate the price for the fill to occur.

I look forward to being of further assistance.