EnterLongLimit order

[mike8943]

i have EnterLongLimit order in my strategy which executes outside price range.

the orders are executed at 1.5723 however the price don't reach it.

this is the code from barupdate method:

double priceRange=(10000*(Bollinger(1, 5).Upper[0]-Bollinger(1, 5).Lower[0]));
EnterLongLimit(Swing(5).SwingHigh[0], n+"");
SetProfitTarget("", CalculationMode.Ticks, priceRange);
SetStopLoss("", CalculationMode.Ticks, 3*priceRange, false);

[NinjaTrader_Ray]

See the section on Historical fill processing.

http://www.ninjatrader-support.com/HelpGuideV6/BacktestAStrategy.html

[mike8943]

i understand there are two types of the fill for limit orders, liberal and default,
but i still dont understand why the orders are getting filled OUTSIDE the price range, higher than bars high?

[NinjaTrader_JoshP]

Limit orders do not guarantee you to be filled within the bar. They do guarantee you your limit price or no fill at all. This is the case because a limit order waits for the limit price and depending on bid/ask pressures you can theoretically get filled above/below any of the last traded prices.