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»Forums Index »Archive (2017 and earlier) »IQFeed Developer Support »LimitEntry vs OpenLimit order
Author Topic: LimitEntry vs OpenLimit order (1 messages, Page 1 of 1)

YDBackTester
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Posts: 5
Joined: Mar 5, 2016


Posted: Jul 3, 2016 03:48 PM          Msg. 1 of 1
I read the chm and I still don't understand the difference between OpenLimit and LimitEntry.

OpenLimit documentation:
An open order opens a position at the specified market rate or at a more favorable rate in case such rate is available on the market.

LimitEntry documentation:
A limit entry order with a buy direction is filled when the market is below the rate specified in the order.

So, if I want to open a buy position (for example) then what would be the difference ?
 

 

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