StopLimit orders don't work!

[stefy]

Hi everyone

I backtested a strategy with the classic

If (Close[0] > threshold)
EnterLongLimit

and it works.

I tried to obtain the same result with EnterLongStopLimit:
EnterLongStopLimit(1, my limit, threshold, "Long")

In the latter case, I don't get any execution for any security in the backtest.
What is the problem?

Thank you

[mrlogik]

stefy

Check the LOG tab to see if the price you're attempting to enter Long at is below the current entry price of that bar. If the limit is passed (you're backtesting and there is no intrabar granularity), the order will not execute / show on the chart.

mrLogik

[stefy]

mrlogik,

Thank you for the answer.

If the price crosses my threshold in bar1 but then it doesn't cross my limit price (in bar1), the order won't get executed. If then the price crosses my limit price in bar2, it won't get executed again. Am I correct?
This would explain why I get so few executions...

Thank you